Rogers (ROG) AI Stock Analysis

• Market Cap: $1.21B
• Dividend Yield: N/A
• Average Volume (3M): 167.52K
• Price to Earnings (P/E): 71.3
• Beta (1Y): 1.15
• Revenue Growth: -8.06%
• EPS Growth: -75.10%
• Country: US
• Employees: 3,200
• Sector: Technology
• Sector Strength: 94
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.27
• Shares Outstanding: 18,524,866
• 10 Day Avg. Volume: 215,172
• 30 Day Avg. Volume: 167,522
• PEG Ratio: -2.08
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.50
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 0.32
• Enterprise Value/Gross Profit: 4.00
• Enterprise Value/Ebitda: 2.64
• 1Y Price Target: $85.00
• Price Target Upside: 26.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 61 Neutral
• Price Target: $72.00 ▲(7.27%Upside)

Rogers Corporation's overall score is influenced by its stable financial base and low debt, but is weighed down by declining financial performance metrics and a high P/E ratio indicating overvaluation. Mixed technical signals and a cautious earnings call outlook further contribute to a moderate overall score.

Rogers Business Overview & Revenue Model

Company Description

Rogers Corporation (ROG) is a global technology leader that operates in the advanced electronics and materials sector. The company specializes in developing and manufacturing high-performance specialty materials that are critical for a wide range of industries, including telecommunications, automotive, and consumer electronics. Rogers is known for its innovative solutions that enhance the performance and reliability of modern electronic devices and systems.

How the Company Makes Money

Rogers Corporation generates revenue primarily through the sale of its high-performance specialty materials, which are essential components in various electronic applications. The company's key revenue streams include sales of printed circuit board laminates, advanced connectivity solutions, and engineered materials for power electronics. Rogers partners with leading manufacturers and technology companies to ensure its materials are integrated into critical applications, such as 5G wireless infrastructure, electric and hybrid vehicles, and advanced driver-assistance systems. Additionally, the company benefits from its global manufacturing footprint and strong customer relationships, which help drive consistent demand for its products.

Rogers Financial Statement Overview

Summary

Rogers demonstrates a stable financial base with strong equity and low debt. However, there are concerns regarding declining revenue, profit margins, and free cash flow, which could impact future growth. Operational efficiencies may need to be improved to maintain profitability.

Income Statement

Rogers' revenue has shown a declining trend from 2022 to the TTM of 2025. Gross profit margins are slightly decreasing, indicating potential cost pressure. The net profit margin has been relatively stable but on a downward trend, reflecting lower profitability. EBIT and EBITDA margins have also declined, suggesting operational challenges in maintaining efficiency.

Balance Sheet

The company maintains a strong equity position with a high equity ratio. Debt-to-equity ratio is very low, indicating low financial leverage and minimal risk from debt. ROE has decreased over the years, reflecting less effective use of equity in generating profit, but the company still holds a robust financial structure overall.

Cash Flow

Free cash flow has decreased, but the company still maintains positive cash flow from operations. The operating cash flow to net income ratio indicates strong cash generation relative to profit, though a decline in free cash flow growth rate suggests challenges in reinvestment or cash preservation.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	830.10M	908.40M	971.17M	932.89M	802.58M
Gross Profit	277.10M	307.10M	321.01M	349.14M	291.82M
EBITDA	85.90M	138.70M	196.49M	172.64M	152.11M
Net Income	26.10M	56.60M	116.60M	108.10M	49.99M
Balance Sheet
Total Assets	1.48B	1.52B	1.65B	1.60B	1.26B
Cash, Cash Equivalents and Short-Term Investments	159.80M	131.70M	235.85M	232.30M	191.78M
Total Debt	24.60M	50.40M	216.79M	190.00M	25.00M
Total Liabilities	229.50M	258.20M	473.75M	479.67M	243.25M
Stockholders Equity	1.25B	1.26B	1.17B	1.12B	1.02B
Cash Flow
Free Cash Flow	71.00M	74.40M	12.67M	53.24M	124.67M
Operating Cash Flow	127.10M	131.40M	129.46M	124.36M	165.06M
Investing Cash Flow	-45.60M	-47.90M	-113.12M	-238.62M	-40.38M
Financing Cash Flow	-50.10M	-190.30M	-10.10M	159.06M	-104.19M

Rogers Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 67.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ROG, the sentiment is Negative. The current price of 67.12 is below the 20-day moving average (MA) of 69.45, below the 50-day MA of 68.68, and below the 200-day MA of 83.83, indicating a bearish trend. The MACD of -0.65 indicates Positive momentum. The RSI at 45.96 is Neutral, neither overbought nor oversold. The STOCH value of 11.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ROG.

Rogers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTMI	74 Outperform	$4.58B	63.39	5.02%	―	11.65%	―
VICR	73 Outperform	$2.15B	93.52	11.44%	―	14.62%	572.04%
CTS	72 Outperform	$1.21B	20.58	11.39%	0.49%	-2.76%	16.64%
BHE	69 Neutral	$1.43B	27.35	4.84%	1.72%	-7.36%	-20.46%
Sector *	63 Neutral	$34.27B	4.89	-11.70%	1.94%	5.41%	-20.02%
ROG	61 Neutral	$1.21B	71.33	1.34%	―	-8.06%	-75.10%
MLAB	45 Neutral	$392.75M	―	-1.29%	0.90%	11.47%	99.25%

Rogers Corporate Events

Rogers Appoints Ali El-Haj as Interim CEO

On July 12, 2025, Rogers Corporation announced the departure of its President and CEO, R. Colin Gouveia, who also resigned from the Board of Directors. Ali El-Haj was appointed as the interim President and CEO, bringing extensive global leadership experience in technical sectors. The transition aims to simplify Rogers’ operating model and enhance its strategic direction. The Board is conducting a search for a permanent CEO to lead the company into its next phase of growth and innovation. Mr. El-Haj’s appointment is seen as a strategic move to maintain operational discipline and drive innovation, ensuring long-term value for stakeholders.

The most recent analyst rating on (ROG) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Rogers stock, see the ROG Stock Forecast page.

Rogers Reports Q1 2025 Results Amid Market Challenges

On April 29, 2025, Rogers Corporation announced its first quarter results for 2025, reporting financial outcomes consistent with expectations despite a slight decrease in sales due to unfavorable foreign currency changes and seasonal declines in the portable electronics market. The company saw improved demand in the ADAS and industrial markets and ended the quarter with a strong cash position of $176 million. Despite challenges related to tariffs and global trade uncertainties, Rogers is focused on executing its commercial, innovation, and operational priorities to position itself for future success.