T. Rowe Price Group Inc. (NASDAQ: TROW) kicked off on Tuesday, down -0.02% from the previous trading day, before settling in for the closing price of $112.40. Over the past 52 weeks, TROW has traded in a range of $88.55-$122.27.
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A company in the Financial sector has jumped its sales by 4.56% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 21.05%. With a float of $217.57 million, this company’s outstanding shares have now reached $223.94 million.
In an organization with 7906 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 82.13%, operating margin of 31.19%, and the pretax margin is 39.01%.
T. Rowe Price Group Inc. (TROW) Insider and Institutional Ownership
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 2.26%, while institutional ownership is 74.52%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 21.05% 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
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 3.68. Likewise, its price to free cash flow for the trailing twelve months is 12.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.46, a number that is poised to hit 2.34 in the next quarter and is forecasted to reach 9.29 in one year’s time.
Technical Analysis of T. Rowe Price Group Inc. (TROW)
Let’s dig in a bit further. During the last 5-days, its volume was 1.06 million. That was inferior than the volume of 1.25 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 43.16%. Additionally, its Average True Range was 2.07.
During the past 100 days, T. Rowe Price Group Inc.’s (TROW) raw stochastic average was set at 57.50%, which indicates a significant decrease from 62.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.70% in the past 14 days, which was higher than the 22.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $108.26, while its 200-day Moving Average is $112.15. However, in the short run, T. Rowe Price Group Inc.’s stock first resistance to watch stands at $112.89. Second resistance stands at $113.39. The third major resistance level sits at $114.16. If the price goes on to break the first support level at $111.61, it is likely to go to the next support level at $110.84. The third support level lies at $110.34 if the price breaches the second support level.
T. Rowe Price Group Inc. (NASDAQ: TROW) Key Stats
The company with the Market Capitalisation of 25.02 billion has total of 222,598K 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 1,733 M and last quarter income was 483,400 K.
