On Tuesday, T. Rowe Price Group Inc. (NASDAQ: TROW) opened lower -0.20% from the last session, before settling in for the closing price of $109.68. Price fluctuations for TROW have ranged from $87.43 to $122.27 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Financial Sector giant was 4.56%. Company’s average yearly earnings per share was noted 20.33% at the time writing. With a float of $217.58 million, this company’s outstanding shares have now reached $223.94 million.
Let’s determine the extent of company efficiency that accounts for 7906 employees. In terms of profitability, gross margin is 82.13%, operating margin of 33.18%, and the pretax margin is 39.01%.
T. Rowe Price Group Inc. (TROW) Insider Activity
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 2.25%, while institutional ownership is 74.60%. The most recent insider transaction that took place on Sep 13 ’24, was worth 50,689. In this transaction Principal Accounting Officer of this company sold 484 shares at a rate of $104.73, taking the stock ownership to the 13,939 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 484 for $104.56, making the entire transaction worth $50,607.
T. Rowe Price Group Inc. (TROW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 20.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.31% 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 3.59. Likewise, its price to free cash flow for the trailing twelve months is 11.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.46, a number that is poised to hit 2.32 in the next quarter and is forecasted to reach 9.17 in one year’s time.
Technical Analysis of T. Rowe Price Group Inc. (TROW)
Looking closely at T. Rowe Price Group Inc. (NASDAQ: TROW), its last 5-days average volume was 1.07 million, which is a drop from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 73.18%. Additionally, its Average True Range was 1.94.
During the past 100 days, T. Rowe Price Group Inc.’s (TROW) raw stochastic average was set at 43.38%, which indicates a significant decrease from 67.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.53% in the past 14 days, which was lower than the 21.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.95, while its 200-day Moving Average is $111.89. However, in the short run, T. Rowe Price Group Inc.’s stock first resistance to watch stands at $110.71. Second resistance stands at $111.97. The third major resistance level sits at $112.67. If the price goes on to break the first support level at $108.76, it is likely to go to the next support level at $108.06. Should the price break the second support level, the third support level stands at $106.80.
T. Rowe Price Group Inc. (NASDAQ: TROW) Key Stats
There are currently 223,300K shares outstanding in the company with a market cap of 24.37 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 1,733 M and its income totaled 483,400 K.
