Rogers (ROG) AI Stock Analysis

• Market Cap: $1.69B
• Dividend Yield: N/A
• Average Volume (3M): 168.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: -4.87%
• EPS Growth: -235.48%
• Country: US
• Employees: 3,200
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.90
• Shares Outstanding: 17,984,499
• 10 Day Avg. Volume: 120,252
• 30 Day Avg. Volume: 168,560
• 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: 0.67
• Enterprise Value/Revenue: 1.43
• Enterprise Value/Gross Profit: 4.59
• Enterprise Value/Ebitda: 13.04
• 1Y Price Target: $105.00
• Price Target Upside: 12.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: $89.00 ▼(-4.71% Downside)

The overall stock score of 58 reflects the company's mixed financial performance, with profitability challenges and revenue volatility being significant concerns. Technical analysis shows a positive trend, but valuation metrics highlight current profitability issues. The positive earnings call and corporate events provide some optimism for future growth, but the immediate financial challenges weigh heavily on the score.

Positive Factors

Operational Efficiency

Improved operational efficiency and cost reductions enhance long-term profitability, supporting sustainable growth and competitive positioning.

Strong Balance Sheet

A strong balance sheet with low leverage provides financial flexibility, enabling strategic investments and resilience against economic downturns.

Board Transition

Leadership changes with experienced directors can drive strategic initiatives, improving governance and aligning with long-term growth objectives.

Negative Factors

Revenue Volatility

Revenue volatility and declines indicate challenges in market stability and demand, potentially impacting long-term financial performance.

Profitability Challenges

Sustained profitability challenges can hinder reinvestment capabilities and affect the company's ability to compete effectively over time.

Free Cash Flow Inconsistency

Inconsistent free cash flow generation can limit investment in growth opportunities and shareholder returns, affecting long-term value creation.

Rogers Business Overview & Revenue Model

Company Description

Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure markets. This segment sells its products under the curamik, ROLINX, RO4000, RO3000, RT/duroid, CLTE Series, TMM, AD Series, DiClad, CuClad Series, Kappa, COOLSPAN, TC Series, 92ML, IsoClad, MAGTREX, XTremeSpeed RO1200, IM Series, 2929 Bondply, 3001 Bondply Film, and SpeedWave names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable protection, electrical insulation, conduction and shielding, hose and belt protection, vibration management, cushioning, gasketing and sealing, and venting applications. This segment sells its products under the PORON, BISCO, DeWAL, ARLON, eSORBA, Griswold, XRD, Silicone Engineering, and R/bak names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.

How the Company Makes Money

Rogers generates revenue primarily through its Wireless segment, which includes the sale of mobile voice and data services, device sales, and accessories. The company also earns significant income from its Cable segment, which encompasses residential services such as internet, television, and home phone services. Additionally, the Media segment contributes to revenue through advertising sales, subscriptions, and content licensing from various television and radio stations. Partnerships with content providers and technology companies further enhance its offerings, enabling Rogers to attract and retain customers. Furthermore, the company's Business Solutions segment provides telecommunications and managed services to enterprise clients, contributing another stream of income. Overall, Rogers' diverse revenue model allows it to capitalize on multiple market opportunities within the telecommunications and media landscape.

Rogers Financial Statement Overview

Summary

Rogers faces challenges with profitability and revenue stability, as evidenced by negative margins and fluctuating revenue growth. The balance sheet is strong with low leverage, but declining returns on equity are concerning. Cash flow generation is mixed, with strong operating cash flow but inconsistent free cash flow. Overall, the company needs to address operational inefficiencies and improve profitability to enhance financial health.

Income Statement

Rogers has experienced significant revenue volatility, with a notable decline in revenue over the past few years. The TTM data shows a sharp revenue growth, but this is overshadowed by negative EBIT and net income margins, indicating operational inefficiencies and profitability challenges. Historical data shows declining gross profit margins, suggesting pressure on cost management.

Balance Sheet

The company's balance sheet is relatively stable with a low debt-to-equity ratio, indicating conservative leverage. However, the return on equity has been declining, reflecting reduced profitability. The equity ratio remains strong, suggesting a solid capital structure, but the declining ROE is a concern for long-term value creation.

Cash Flow

Cash flow analysis reveals a mixed picture. While operating cash flow is relatively strong, the free cash flow has been inconsistent, with recent declines. The operating cash flow to net income ratio is healthy, but the free cash flow to net income ratio indicates potential issues in converting profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	793.90M	830.10M	908.40M	971.20M	932.90M	802.58M
Gross Profit	247.40M	277.10M	307.10M	321.00M	349.10M	291.82M
EBITDA	87.10M	98.30M	127.50M	113.10M	169.90M	152.11M
Net Income	-66.90M	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	167.80M	159.80M	131.70M	235.90M	232.30M	191.78M
Total Debt	23.00M	24.60M	50.00M	228.50M	190.41M	34.57M
Total Liabilities	243.30M	229.50M	258.20M	473.70M	479.67M	243.25M
Stockholders Equity	1.20B	1.25B	1.26B	1.17B	1.12B	1.02B
Cash Flow
Free Cash Flow	47.20M	71.00M	74.40M	12.70M	53.30M	124.67M
Operating Cash Flow	88.00M	127.10M	131.40M	129.50M	124.40M	165.06M
Investing Cash Flow	-16.10M	-45.60M	-47.90M	-113.10M	-238.60M	-40.38M
Financing Cash Flow	-51.50M	-50.10M	-190.30M	-10.10M	159.00M	-104.19M

Rogers Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 93.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 93.4 is above the 20-day moving average (MA) of 89.12, above the 50-day MA of 85.60, and above the 200-day MA of 74.46, indicating a bullish trend. The MACD of 2.81 indicates Negative momentum. The RSI at 64.13 is Neutral, neither overbought nor oversold. The STOCH value of 81.21 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
CTS	73 Outperform	$1.27B	22.36	10.98%	0.36%	3.70%	1.68%
VICR	73 Outperform	$4.96B	59.69	13.89%	―	11.55%	1745.46%
BHE	72 Outperform	$1.59B	43.67	3.37%	1.44%	-2.93%	-40.33%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
PENG	61 Neutral	$1.06B	70,844.97	6.17%	―	16.91%	―
ROG	58 Neutral	$1.69B	-25.75	-5.34%	―	-4.87%	-235.48%
MEI	50 Neutral	$245.73M	-3.84	-8.87%	5.93%	-9.51%	29.57%

Rogers Corporate Events

Rogers Reports Strong Q3 2025 Financial Results

Rogers Corporation reported its financial results for the third quarter of 2025, showing a sequential increase in net sales by 6.5% to $216.0 million and an improvement in gross margin to 33.5%. The company achieved earnings per share of $0.48, a significant turnaround from a loss in the previous quarter, and adjusted earnings per share of $0.90. The results were driven by improved end-market demand and effective cost management, with notable sales growth in advanced electronics and elastomeric material solutions. Looking ahead, Rogers anticipates further improvement in sales and earnings for the fourth quarter compared to the previous year, despite expected seasonal declines.

Rogers Appoints New Chair Amid Board Transition

On October 16, 2025, Rogers Corporation announced that Peter C. Wallace, Chair of the Board, will not seek re-election at the 2026 Annual Meeting of Shareholders, stepping down from his role. Armand F. Lauzon, Jr., an experienced board director and former CEO, has been appointed as the new Chair effective immediately to ensure a smooth transition. The company also plans to add a new independent director to the Board, with input from Starboard Value LP, which has expressed support for the changes and confirmed it will not nominate directors for the upcoming election. This transition is seen as a strategic move to strengthen Rogers’ board composition and enhance its focus on sustainable growth and operational performance.