T. Rowe Price Group Inc (NASDAQ: TROW) kicked off on Tuesday, up 0.80% from the previous trading day, before settling in for the closing price of $122.97. Over the past 52 weeks, TROW has traded in a range of $96.48-$123.29.
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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%. While this was happening, its average annual earnings per share was recorded 23.39%. With a float of $217.18 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. 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 Updates
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 76.49%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 23.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.78% 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 3.98. Likewise, its price to free cash flow for the trailing twelve months is 12.28.
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 9.27 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 1.49 million was superior to 1.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.51%. Additionally, its Average True Range was 2.38.
During the past 100 days, T. Rowe Price Group Inc’s (TROW) raw stochastic average was set at 98.49%, which indicates a significant increase from 95.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.55% 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 $112.86, while its 200-day Moving Average is $112.99. Now, the first resistance to watch is $124.83. This is followed by the second major resistance level at $125.70. The third major resistance level sits at $127.10. If the price goes on to break the first support level at $122.56, it is likely to go to the next support level at $121.16. Assuming the price breaks the second support level, the third support level stands at $120.29.
T. Rowe Price Group Inc (NASDAQ: TROW) Key Stats
The company with the Market Capitalisation of 27.54 billion has total of 222,159K 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 1,786 M and last quarter income was 603,000 K.
