Specialty materials maker Rogers beats Q4 revenue and adjusted EPS estimates

Overview

• Engineered materials firm's Q4 revenue beat analyst expectations, driven by higher industrial sales

• Adjusted EPS for Q4 exceeded analyst expectations, aided by cost improvement initiatives

• Company reported strong cash position with $197 mln in cash and equivalents

Outlook

• Company expects Q1 2026 sales growth of 5%

• Rogers sees Q1 2026 gross margin improving by 160 basis points

• Company anticipates Q1 2026 adjusted EBITDA margin to rise by 530 basis points

Result Drivers

• INDUSTRIAL AND ENERGY SALES - Q4 sales increase driven by higher industrial, ADAS, and renewable energy sales

• CURRENCY IMPACT - Favorable currency exchange rates boosted Q4 net sales by $3.7 million

• COST IMPROVEMENTS - Higher adjusted EPS attributed to cost improvement initiatives and lower operating expenses

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Rogers Corp is $100.00, about 7.2% below its February 13 closing price of $107.79

• The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nBwblBcrma

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