T. Rowe Price Group Inc. (NASDAQ: TROW) kicked off on Tuesday, up 1.79% from the previous trading day ,before settling in for the closing price of $117.55. Over the past 52 weeks, TROW has traded in a range of $87.43-$132.76.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 4.56%. While this was happening, its average annual earnings per share was recorded 8.25%. With a float of $218.63 million, this company’s outstanding shares have now reached $223.94 million.
Considering the fact that the conglomerate employs 7906 people, you should pay attention to its efficiency factor.
T. Rowe Price Group Inc. (TROW) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of T. Rowe Price Group Inc. is 2.24%, while institutional ownership is 75.73%. The most recent insider transaction that took place on Mar 08 ’24, was worth 1,034,147. In this transaction Director of this company sold 8,740 shares at a rate of $118.32, taking the stock ownership to the 21,073 shares. Before that another transaction happened on Feb 09 ’24, when Company’s Principal Accounting Officer sold 1,138 for $107.13, making the entire transaction worth $121,913. This insider now owns 14,113 shares in total.
T. Rowe Price Group Inc. (TROW) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $1.72 earnings per share (EPS), higher than consensus estimate (set at $1.6) by $0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.70% during the next five years compared to 1.31% growth over the previous five years of trading.
T. Rowe Price Group Inc. (NASDAQ: TROW) Trading Performance Indicators
Take a look at T. Rowe Price Group Inc.’s (TROW) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.14. Likewise, its price to free cash flow for the trailing twelve months is 13.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.76, a number that is poised to hit 2.00 in the next quarter and is forecasted to reach 8.33 in one year’s time.
Technical Analysis of T. Rowe Price Group Inc. (TROW)
Compared to the last year’s volume of 1.38 million, its volume of 1.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.50%. Additionally, its Average True Range was 2.35.
During the past 100 days, T. Rowe Price Group Inc.’s (TROW) raw stochastic average was set at 90.58%, which indicates a significant increase from 68.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.88% in the past 14 days, which was lower than the 24.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $113.88, while its 200-day Moving Average is $108.34. Nevertheless, the first resistance level for the watch stands at $120.43 in the near term. At $121.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $122.76. If the price goes on to break the first support level at $118.10, it is likely to go to the next support level at $116.54. Now, if the price goes above the second support level, the third support stands at $115.77.
T. Rowe Price Group Inc. (NASDAQ: TROW) Key Stats
The company with the Market Capitalisation of 26.76 billion has total of 223,644K Shares Outstanding. Its annual sales at the moment are 6,461 M in contrast with the sum of 1,789 M annual income. Company’s last quarter sales were recorded 1,642 M and last quarter income was 437,600 K.
