Roper Industries Inc. (ROP): Today's Featured Electronics Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Roper Industries ( ROP) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Roper Industries fell $1.62 (-1.3%) to $124.62 on average volume. Throughout the day, 464,025 shares of Roper Industries exchanged hands as compared to its average daily volume of 435,900 shares. The stock ranged in price between $123.98-$126.14 after having opened the day at $126.13 as compared to the previous trading day's close of $126.24. Other companies within the Electronics industry that declined today were: eMagin Corporation ( EMAN), down 14.3%, Pulse Electronics ( PULS), down 10%, Telenav ( TNAV), down 9.6%, and Himax Technologies ( HIMX), down 8.8%.
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Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. Roper Industries has a market cap of $12.45 billion and is part of the industrial goods sector. The company has a P/E ratio of 25.9, above the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Monday. Currently there are three analysts that rate Roper Industries a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Roper Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, SemiLEDs ( LEDS), up 19.6%, ClearSign Combustion ( CLIR), up 19.2%, Mellanox Technologies ( MLNX), up 13.8%, and Enphase Energy ( ENPH), up 13.1%, were all gainers within the electronics industry with Broadcom Corporation ( BRCM) being today's featured electronics industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology ( IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor ( SSG).

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