Why ROG Stock dropped -5.18% Today — RQD Quant Desk Flash

Per the Roarable RQD rating, ROG scores 51 out of 100, grade D, labeled "Roarable Sell — Underperform / Distribution Warning." The five pillars are: Fundamental Cash Engine 12/20 (ROIC -3.6%; FCF yield 2.85%), Whale 13F Flow 12/20 (institutional accumulation and options positioning), Insider Conviction 7/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit 9/20 (beta 1.0; sector sensitivity), and Forensic Balance Sheet 11/20 (Altman Z 2.5; Piotroski F 5/9; Debt/Equity 0.5).

For a prospective investor, the weakest pillar is Insider Conviction at 7/20, which the rating interprets as limited insider-side support. The Cash Engine pillar is also soft, reflecting negative ROIC alongside a positive but modest FCF yield. The forensic balance sheet is the relative strength within the score, with Altman Z 2.5 and Debt/Equity 0.5, though Piotroski F 5/9 is mid-range rather than strong. Upside drivers would need to come from improving operating returns; the valuation tradeoff is that the 2.85% FCF yield must be weighed against negative operating and net margins. Macro Regime Fit at 9/20 with beta 1.0 implies the stock tracks broad market moves without a clear sector tailwind in the rating. The verdict is analytical and not personalized advice.

Rogers Corporation is a NYSE-listed issuer classified in the Materials sector and Major Chemicals industry, per the profile section. The source data does not describe its products, customers, or revenue model. Per the market data, gross margin is 31.7%, operating margin is -5.6%, and net margin is -7.6%. Revenue figures are reported in the financials section, but the source data does not specify product lines or end markets.

Per the SEC financials, revenue declined from $908.4M (FY 2023) to $830.1M (FY 2024) to $810.8M (FY 2025), and the company moved from operating income of $85.3M to $24.9M to a loss of $45.0M over the same span. Per the market data, ROIC is -3.6% and the FCF yield is 2.85%. The Altman Z-Score is 2.5, the Piotroski F-Score is 5/9, and Debt/Equity is 0.5 per the Roarable RQD rating. Reported FY 2024 debt was $0.0M, while FY 2025 debt is listed as N/A.

Per the news wire, the company scheduled its Third Quarter 2026 earnings call for October 27. A marketscreener.com report headlines an adjusted Q3 EPS of $1.39 per share against a FactSet estimate of $1.19. A Stock Titan report states quarterly profit rose $14 million to $22.6 million. A Seeking Alpha report headlined that the turnaround is now real while the valuation still isn't. The Globe and Mail headlined strong third-quarter growth and earnings. All news items carry a YELLOW light except the Globe and Mail item, which is GREEN and tagged CATALYST. The Butterfly Supply-Chain Graph reports no supply-chain links and no proprietary signals.

Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with no butterfly links and no proprietary signals. The source data therefore contains no upstream or downstream dependency mapping, no sector correlation data, and no identified second-order bottlenecks.

• What are the company's products, end markets, and customer concentration? The source data identifies the sector and industry only.
• What were the reported EPS, debt, and cash figures for FY 2025 and FY 2023, which are listed as N/A or not available?
• What drove the swing from positive FY 2024 operating income to the FY 2025 operating loss?
• How do the reported Q3 adjusted EPS and quarterly profit figures reconcile with the FY 2025 net loss?
• What is the valuation basis, given that P/E, forward P/E, EV/EBITDA, and EPS are unavailable?