T. Rowe Price Group Inc. (NASDAQ:TROW) went down by -3.27% from its latest closing price compared to the recent 1-year high of $224.55. The company’s stock price has collected -3.37% of loss in the last five trading sessions. Press Release reported 15 hours ago that T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For September 2021
Is It Worth Investing in T. Rowe Price Group Inc. (NASDAQ :TROW) Right Now?
T. Rowe Price Group Inc. (NASDAQ:TROW) scored a price-to-earnings ratio above its average ratio, recording 14.86 x from its present earnings ratio. Plus, the 36-month beta value for TROW is at 1.21. Opinions of the stock are interesting as 2 analysts out of 13 who provided ratings for T. Rowe Price Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $199.30, which is $13.0 above the current price. TROW currently public float of 224.76M and currently shorts hold a 3.07% ratio of that float. Today, the average trading volume of TROW was 918.34K shares.
TROW’s Market Performance
TROW stocks went down by -3.37% for the week, with a monthly drop of -13.03% and a quarterly performance of -7.46%, while its annual performance rate touched 33.78%. The volatility ratio for the week stands at 2.30% while the volatility levels for the past 30 days are set at 2.38% for T. Rowe Price Group Inc.. The simple moving average for the period of the last 20 days is -7.46% for TROW stocks with a simple moving average of 1.78% for the last 200 days.
Analysts’ Opinion of TROW
Many brokerage firms have already submitted their reports for TROW stocks, with Citigroup repeating the rating for TROW by listing it as a “Sell.” The predicted price for TROW in the upcoming period, according to Citigroup is $157 based on the research report published on April 14th of the current year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see TROW reach a price target of $181, previously predicting the price at $179. The rating they have provided for TROW stocks is “Neutral” according to the report published on March 30th, 2021.
Goldman gave a rating of “Neutral” to TROW, setting the target price at $170 in the report published on January 05th of the current year.
TROW Trading at -10.72% from the 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, the company was unable to rebound, for now settling with -16.06% of loss for the given period.
Volatility was left at 2.38%, however, over the last 30 days, the volatility rate increased by 2.30%, as shares sank -11.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.60% lower at present.
During the last 5 trading sessions, TROW fell by -3.37%, which changed the moving average for the period of 200-days by +27.12% in comparison to the 20-day moving average, which settled at $202.49. In addition, T. Rowe Price Group Inc. saw 26.44% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TROW starting from Page Sebastien, who sale 7,667 shares at the price of $220.95 back on Sep 02. After this action, Page Sebastien now owns 35,235 shares of T. Rowe Price Group Inc., valued at $1,694,003 using the latest closing price.
Stromberg William J, the CEO of T. Rowe Price Group Inc., sale 8,000 shares at $211.17 during a trade that took place back on Aug 05, which means that Stromberg William J is holding 582,611 shares at $1,689,398 based on the most recent closing price.
Stock Fundamentals for TROW
Current profitability levels for the company are sitting at:
- +47.31 for the present operating margin
- +84.86 for the gross margin
The net margin for T. Rowe Price Group Inc. stands at +37.18. The total capital return value is set at 33.01, while invested capital returns managed to touch 30.70. Equity return is now at value 37.90, with 27.20 for asset returns.
Based on T. Rowe Price Group Inc. (TROW), the company’s capital structure generated 2.00 points at debt to equity in total, while total debt to capital is 1.96. Total debt to assets is 1.41, with long-term debt to equity ratio resting at 1.35. Finally, the long-term debt to capital ratio is 1.32.
When we switch over and look at the enterprise to sales, we see a ratio of 5.57, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 9.23 and the total asset turnover is 0.61.