T. Rowe Price Group Inc (NASDAQ: TROW) on Friday, soared 2.79% from the previous trading day, before settling in for the closing price of $112.97. Within the past 52 weeks, TROW’s price has moved between $100.49 and $125.81.
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%. The company achieved an average annual earnings per share of 23.41%. With a float of $217.10 million, this company’s outstanding shares have now reached $222.14 million.
Let’s determine the extent of company efficiency that accounts 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 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.37% 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 3.84. Likewise, its price to free cash flow for the trailing twelve months is 11.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.13, a number that is poised to hit 2.21 in the next quarter and is forecasted to reach 9.34 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 2.34 million, which is a jump from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 12.37%. Additionally, its Average True Range was 2.45.
During the past 100 days, T. Rowe Price Group Inc’s (TROW) raw stochastic average was set at 61.74%, which indicates a significant increase from 29.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.49% in the past 14 days, which was lower than the 24.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.19, while its 200-day Moving Average is $113.78. However, in the short run, T. Rowe Price Group Inc’s stock first resistance to watch stands at $117.89. Second resistance stands at $119.66. The third major resistance level sits at $122.55. If the price goes on to break the first support level at $113.23, it is likely to go to the next support level at $110.34. Should the price break the second support level, the third support level stands at $108.57.
T. Rowe Price Group Inc (NASDAQ: TROW) Key Stats
Market capitalization of the company is 26.52 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.
