T. Rowe Price Group, Inc. (NASDAQ:TROW)went down by -2.48% from its latest closing price when compared to the 1-year high value of $120.99 and move down -11.83%, while TROW stocks collected -2.86% of loss with the last five trading sessions. Barron's reported on 10/21/19 that Cash Keeps Draining Out of Active Stock Funds
T. Rowe Price Group, Inc. (NASDAQ:TROW) Worth an Investment?
T. Rowe Price Group, Inc. (NASDAQ: TROW) scored price to earnings ratio above its average ratio, recording 13.62 times of increase in earnings at the present.
TROW Market Performance
TROW stocks went down by -2.86% for the week, with the monthly drop of -5.79% and a quarterly performance of -4.48%, while its annual performance rate touched 8.13%. The simple moving average for the period of the last 20 days is -2.42% for TROW stocks with the simple moving average of 2.99% for the last 200 days.
Analysts’ Opinion on T. Rowe Price Group, Inc. (NASDAQ:TROW)
Many brokerage firms have already submitted their reports for TROW stocks, with BMO Capital Markets repeating the rating for TROW shares by setting it to “Market Perform”. The predicted price for TROW socks in the upcoming period according to BMO Capital Markets is $145 based on the research report published on October 8, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see TROW stock at the price of $107, previously predicting the value of $102. The rating they have provided for TROW stocks is “Buy” according to the report published on March 8, 2019.
Evercore ISI gave “ Outperform” rating to TROW stocks, setting the target price at $107 in the report published on January 31, 2019.
TROW Stocks -2.97% Far from 50 Day Moving Average
After a stumble in the market that brought TROW to its low price for the period of the last 52 weeks, T. Rowe Price Group, Inc. was unable to take a rebound, for now settling with -10.58% of loss for the given period.
The stock volatility was left at 1.94%, however, within the period of a single month, the volatility rate increased by 1.74%, while the shares sank at the distance of -5.32% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +1.48% upper at the present time.
In the course of the last 5 trading sessions, TROW went down by -2.86%, which changed the moving average for the period of 200 days to the total of +17.79% of gains for the stock in comparison to the 20-day moving average settled at $110.57. In addition, T. Rowe Price Group, Inc. saw 17.19% in overturn over the period of a single year with a tendency to cut further gains.
TROW Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at T. Rowe Price Group, Inc. (TROW), starting from Robert W. Sharps, who sold 19,064 shares at the price of $118.50 back on Sep 13. After this action, Rushing now owns 448,651 shares of T. Rowe Price Group, Inc., valued at $2,259,027 with the latest closing price.
Page Sebastien, the Vice President of T. Rowe Price Group, Inc., sold 4,418 shares at the value of $107.05 during a trade that took place back on Aug 06, which means that Page Sebastien is holding 51,302 shares at the value of $472,953 based on the most recent closing price.
TROW Stock Fundamentals
The current profitability levels are settled at +42.84 for the present operating margin and +83.36 for gross margin. The net margin for T. Rowe Price Group, Inc. stands at +33.39. Total capital return value is set at 33.64, while invested capital returns managed to touch 30.03. Equity return holds the value 30.20%, with 22.90% for asset returns.