T. Rowe Price Group Inc (NASDAQ: TROW) on Tuesday, plunged -1.17% from the previous trading day, before settling in for the closing price of $119.28. Within the past 52 weeks, TROW’s price has moved between $100.49 and $125.81.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 4.56%. The company achieved an average annual earnings per share of 23.43%. With a float of $217.10 million, this company’s outstanding shares have now reached $222.14 million.
Considering the fact that the conglomerate employs 7906 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of T. Rowe Price Group Inc is 2.28%, while institutional ownership is 76.40%. The most recent insider transaction that took place on Dec 10 ’24, was worth 499,184. In this transaction Vice President of this company sold 4,047 shares at a rate of $123.35, taking the stock ownership to the 119,577 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Officer proposed sale 4,047 for $123.57, making the entire transaction worth $500,074.
T. Rowe Price Group Inc (TROW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 23.43% 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
T. Rowe Price Group Inc (TROW) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.79. Likewise, its price to free cash flow for the trailing twelve months is 11.68.
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 9.31 in one year’s time.
Technical Analysis of T. Rowe Price Group Inc (TROW)
Compared to the last year’s volume of 1.27 million, its volume of 1.45 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.43%. Additionally, its Average True Range was 2.01.
During the past 100 days, T. Rowe Price Group Inc’s (TROW) raw stochastic average was set at 68.73%, which indicates a significant increase from 3.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.61% in the past 14 days, which was lower than the 22.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $116.79, while its 200-day Moving Average is $113.82. Nevertheless, the first resistance level for the watch stands at $118.78 in the near term. At $119.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $120.25. If the price goes on to break the first support level at $117.31, it is likely to go to the next support level at $116.73. Should the price break the second support level, the third support level stands at $115.84.
T. Rowe Price Group Inc (NASDAQ: TROW) Key Stats
Market capitalization of the company is 26.19 billion based on 222,159K outstanding shares. Right now, sales total 6,461 M and income totals 1,789 M. The company made 1,786 M in profit during its latest quarter, and 603,000 K in sales during its previous quarter.
