Rogers (ROG) AI Stock Analysis

• Market Cap: $1.36B
• Dividend Yield: N/A
• Average Volume (3M): 276.57K
• Price to Earnings (P/E): 72.2
• Beta (1Y): 1.09
• Revenue Growth: -7.61%
• EPS Growth: -212.91%
• Country: US
• Employees: 3,200
• Sector: Technology
• Sector Strength: 94
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.34
• Shares Outstanding: 18,121,685
• 10 Day Avg. Volume: 388,550
• 30 Day Avg. Volume: 276,571
• PEG Ratio: -1.34
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 2.28
• P/FCF Ratio: 26.62
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 1.43
• Enterprise Value/Gross Profit: 4.42
• Enterprise Value/Ebitda: -174.77
• 1Y Price Target: $72.00
• Price Target Upside: -5.91% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 57 Neutral
• Price Target: $72.00 ▼(-5.91% Downside)

The overall score of 57 reflects Rogers' operational challenges and profitability pressures, despite a solid balance sheet. Technical indicators suggest some short-term improvement, but valuation concerns persist with a negative P/E ratio. Earnings call insights on growth and cost-saving initiatives provide some optimism, but significant risks remain.

Rogers Business Overview & Revenue Model

Company Description

Rogers Communications Inc. (ROG) is a leading Canadian communications and media company headquartered in Toronto, Ontario. It operates in various sectors including wireless communications, cable television, internet services, and media. Rogers offers a wide range of core products and services, such as mobile phone plans, high-speed internet, digital television, and content creation through its media properties, which include television and radio stations, as well as digital platforms.

How the Company Makes Money

Rogers generates revenue primarily through its wireless and cable segments. The wireless division accounts for a significant portion of the company's earnings, derived from subscription fees for mobile services, data plans, and device sales. The cable segment contributes through internet and TV service subscriptions, with additional revenue from value-added services such as home monitoring and security. In addition to these core services, the company earns revenue from its media operations, which include advertising sales from its television and radio channels, as well as content licensing. Strategic partnerships, such as collaborations with content creators and technology providers, enhance its product offerings and customer reach, further contributing to its financial performance.

Rogers Financial Statement Overview

Summary

Rogers is experiencing revenue and profitability challenges, with declining margins and negative net income in the TTM. The balance sheet is a notable strength due to low leverage and high equity ratios. Cash flow, although positive, is under pressure, affecting operational flexibility. Improvement in revenue and profitability is vital for sustaining growth.

Income Statement

Rogers has faced declining revenue and profitability in recent years. The revenue has decreased by 14.8% from 2023 to TTM 2025, and gross profit margin fell to 32.3% in TTM from 33.7% in 2023. The company experienced negative EBIT and EBITDA margins in the TTM, indicating operational challenges. Net profit margin turned negative in the TTM, reflecting significant profitability pressures.

Balance Sheet

Rogers maintains a strong balance sheet with a low debt-to-equity ratio of 0.02 in the TTM, highlighting conservative leverage. The equity ratio is robust at 83.2%, indicating a solid capital structure. However, the return on equity dropped to negative 5.4% in the TTM, which is a concern for shareholders.

Cash Flow

The company's free cash flow decreased significantly in the TTM, although it remains positive at $51.2 million. Operating cash flow to net income ratio is negative due to a negative net income, which could indicate cash flow challenges. However, the company maintains strong cash reserves.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	795.80M	830.10M	908.40M	971.17M	932.89M	802.58M
Gross Profit	256.80M	277.10M	307.10M	321.01M	349.14M	291.82M
EBITDA	-6.50M	85.90M	138.70M	196.49M	172.64M	152.11M
Net Income	-64.80M	26.10M	56.60M	116.60M	108.10M	49.99M
Balance Sheet
Total Assets	1.45B	1.48B	1.52B	1.65B	1.60B	1.26B
Cash, Cash Equivalents and Short-Term Investments	157.20M	159.80M	131.70M	235.85M	232.30M	191.78M
Total Debt	23.70M	24.60M	50.40M	216.79M	190.00M	25.00M
Total Liabilities	244.60M	229.50M	258.20M	473.75M	479.67M	243.25M
Stockholders Equity	1.21B	1.25B	1.26B	1.17B	1.12B	1.02B
Cash Flow
Free Cash Flow	51.20M	71.00M	74.40M	12.67M	53.24M	124.67M
Operating Cash Flow	101.50M	127.10M	131.40M	129.46M	124.36M	165.06M
Investing Cash Flow	-25.50M	-45.60M	-47.90M	-113.12M	-238.62M	-40.38M
Financing Cash Flow	-41.30M	-50.10M	-190.30M	-10.10M	159.06M	-104.19M

Rogers Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 76.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ROG, the sentiment is Positive. The current price of 76.52 is above the 20-day moving average (MA) of 69.03, above the 50-day MA of 69.26, and below the 200-day MA of 80.95, indicating a neutral trend. The MACD of 1.81 indicates Negative momentum. The RSI at 65.34 is Neutral, neither overbought nor oversold. The STOCH value of 90.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ROG.

Rogers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTMI	77 Outperform	$4.82B	50.45	5.89%	―	14.24%	424.78%
VICR	77 Outperform	$2.12B	32.55	11.44%	―	2.46%	572.04%
CTS	74 Outperform	$1.22B	19.62	11.96%	0.39%	1.16%	19.81%
BHE	69 Neutral	$1.43B	38.04	3.49%	1.71%	-5.95%	-43.46%
ROG	57 Neutral	$1.36B	72.21	-5.25%	―	-7.61%	-212.91%
Sector *	50 Neutral	AU$1.63B	3.37	-0.63%	3.31%	16.47%	-4.12%
MLAB	42 Neutral	$373.49M	―	-0.38%	0.94%	8.33%	99.75%

Rogers Corporate Events

Rogers Announces Cost-Reduction Initiatives for curamik® Unit

On July 30, 2025, Rogers Corporation announced cost-reduction initiatives for its curamik® reporting unit in response to market conditions, aiming to save over $13 million annually. These actions, expected to incur expenses between $12 million and $20 million, will involve employee severance and equipment relocation costs, with most cash outflows occurring in 2026. In its second-quarter 2025 financial results, Rogers reported a net sales increase of 6.5% to $202.8 million, despite a net loss of $73.6 million due to impairment charges. The company anticipates further improvements in the third quarter with higher sales and cost reduction measures.

The most recent analyst rating on (ROG) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Rogers stock, see the ROG Stock Forecast page.

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.