On Monday, T. Rowe Price Group Inc (NASDAQ: TROW) was 0.38% up from the session before settling in for the closing price of $112.06. A 52-week range for TROW has been $90.02 – $122.27.
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Annual sales at Financial sector company grew by 4.56% over the past five years. When this article was written, the company’s average yearly earnings per share was at 23.30%. With a float of $217.60 million, this company’s outstanding shares have now reached $223.94 million.
Let’s look at the performance matrix of the company that is accounted for 7906 employees. In terms of profitability, gross margin is 84.36%, operating margin of 31.14%, and the pretax margin is 41.87%.
T. Rowe Price Group Inc (TROW) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward T. Rowe Price Group Inc stocks. The insider ownership of T. Rowe Price Group Inc is 2.25%, while institutional ownership is 74.59%. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.72 earnings per share (EPS) during the time that was better than consensus figure (set at 1.6) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.30% 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
You can see what T. Rowe Price Group Inc (TROW) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.70. Likewise, its price to free cash flow for the trailing twelve months is 11.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.13, a number that is poised to hit 2.20 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)
T. Rowe Price Group Inc (NASDAQ: TROW) saw its 5-day average volume 1.69 million, a positive change from its year-to-date volume of 1.26 million. As of the previous 9 days, the stock’s Stochastic %D was 46.57%. Additionally, its Average True Range was 2.39.
During the past 100 days, T. Rowe Price Group Inc’s (TROW) raw stochastic average was set at 58.03%, which indicates a significant increase from 52.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.31% in the past 14 days, which was higher than the 22.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $108.45, while its 200-day Moving Average is $112.24. Nevertheless, the first resistance level for the watch stands at $114.51 in the near term. At $116.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $118.22. If the price goes on to break the first support level at $110.80, it is likely to go to the next support level at $109.10. The third support level lies at $107.08 if the price breaches the second support level.
T. Rowe Price Group Inc (NASDAQ: TROW) Key Stats
There are 222,598K outstanding shares of the company, which has a market capitalization of 25.54 billion. As of now, sales total 6,461 M while income totals 1,789 M. Its latest quarter income was 1,733 M while its last quarter net income were 483,400 K.
