On Tuesday, T. Rowe Price Group Inc. (NASDAQ: TROW) opened lower -1.87% from the last session, before settling in for the closing price of $114.25. Price fluctuations for TROW have ranged from $87.43 to $132.76 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 4.56%. Company’s average yearly earnings per share was noted 12.43% at the time writing. With a float of $218.63 million, this company’s outstanding shares have now reached $223.94 million.
The extent of productivity of a business whose workforce counts for 7906 workers is very important to gauge.
T. Rowe Price Group Inc. (TROW) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of T. Rowe Price Group Inc. is 2.24%, while institutional ownership is 75.74%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 12.43% 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
Check out the current performance indicators for T. Rowe Price Group Inc. (TROW). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.88. Likewise, its price to free cash flow for the trailing twelve months is 13.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.76, a number that is poised to hit 2.04 in the next quarter and is forecasted to reach 8.65 in one year’s time.
Technical Analysis of T. Rowe Price Group Inc. (TROW)
The latest stats from [T. Rowe Price Group Inc., TROW] show that its last 5-days average volume of 1.51 million was superior to 1.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.14%. Additionally, its Average True Range was 2.58.
During the past 100 days, T. Rowe Price Group Inc.’s (TROW) raw stochastic average was set at 60.64%, which indicates a significant increase from 4.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.34% in the past 14 days, which was higher than the 23.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.37, while its 200-day Moving Average is $108.50. Now, the first resistance to watch is $113.67. This is followed by the second major resistance level at $115.23. The third major resistance level sits at $116.27. If the price goes on to break the first support level at $111.07, it is likely to go to the next support level at $110.03. The third support level lies at $108.47 if the price breaches the second support level.
T. Rowe Price Group Inc. (NASDAQ: TROW) Key Stats
There are currently 223,644K shares outstanding in the company with a market cap of 25.07 billion. Presently, the company’s annual sales total 6,461 M according to its annual income of 1,789 M. Last quarter, the company’s sales amounted to 1,642 M and its income totaled 437,600 K.
