T. Rowe Price Group, Inc. (NASDAQ:TROW) went down by -1.12% from its latest closing price when compared to the 1-year high value of $139.82 and move down -13.83%, while TROW stocks collected +0.26% of gains with the last five trading sessions. Barron's reported on 07/07/20 that Dividend Stocks With Solid Payouts
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 15.30 times of increase in earnings at the present.
TROW Market Performance
TROW stocks went up by 0.26% for the week, with the monthly drop of -4.52% and a quarterly performance of 16.42%, while its annual performance rate touched 12.22%. The simple moving average for the period of the last 20 days is -0.60% for TROW stocks with the simple moving average of 3.95% 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 Goldman repeating the rating for TROW shares by setting it to “Sell”. The predicted price for TROW socks in the upcoming period according to Goldman is $84 based on the research report published on March 24, 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see TROW stock at the price of $145. The rating they have provided for TROW stocks is “Overweight” according to the report published on January 2, 2020.
BMO Capital Markets gave “Market Perform” rating to TROW stocks, setting the target price at $145 in the report published on October 8, 2019.
TROW Stocks 2.58% 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 -12.15% of loss for the given period.
The stock volatility was left at 2.92%, however, within the period of a single month, the volatility rate increased by 2.15%, while the shares sank at the distance of -3.93% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +7.85% upper at the present time.
In the course of the last 5 trading sessions, TROW went up by +0.26%, which changed the moving average for the period of 200 days to the total of +6.96% of gains for the stock in comparison to the 20-day moving average settled at $123.32. In addition, T. Rowe Price Group, Inc. saw 0.81% 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 Stromberg William J, who sold 30,000 shares at the price of $121.80 back on Jun 02. After this action, Rushing now owns 15,000 shares of T. Rowe Price Group, Inc., valued at $3,654,084 with the latest closing price.
Oestreicher David, the Corp Secretary and VP of T. Rowe Price Group, Inc., sold 3,500 shares at the value of $120.85 during a trade that took place back on May 29, which means that Oestreicher David is holding 94,173 shares at the value of $422,966 based on the most recent closing price.
TROW Stock Fundamentals
The current profitability levels are settled at +45.50 for the present operating margin and +83.47 for gross margin. The net margin for T. Rowe Price Group, Inc. stands at +36.95. Total capital return value is set at 33.56, while invested capital returns managed to touch 31.11. Equity return holds the value 28.30%, with 21.10% for asset returns.
Based on T. Rowe Price Group, Inc. (TROW), the company’s capital structure generated 2.06 points for debt to equity in total, while total debt to capital is set at the value of 2.02.
The value for Enterprise to Sales is 5.08 with debt to enterprise value settled at 0.01. The receivables turnover for T. Rowe Price Group, Inc. is 13.48 with the total asset turnover at the value of 0.65.