The stock of T. Rowe Price Group Inc (TROW) has gone down by -3.11% for the week, with a -8.26% drop in the past month and a 5.67% rise in the past quarter. The volatility ratio for the week is 1.63%, and the volatility levels for the past 30 days are 1.81% for TROW. The simple moving average for the past 20 days is -4.13% for TROW’s stock, with a -0.27% simple moving average for the past 200 days.
Is It Worth Investing in T. Rowe Price Group Inc (NASDAQ: TROW) Right Now?
The price-to-earnings ratio for T. Rowe Price Group Inc (NASDAQ: TROW) is 12.42x, which is above its average ratio. Moreover, the 36-month beta value for TROW is 1.45. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 1 as “sell.”
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The public float for TROW is 217.10M and currently, short sellers hold a 5.51% of that float. On January 03, 2025, TROW’s average trading volume was 1.31M shares.
TROW) stock’s latest price update
The stock of T. Rowe Price Group Inc (NASDAQ: TROW) has increased by 0.30 when compared to last closing price of 113.09. Despite this, the company has experienced a -3.11% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-31 that The ProShares S&P 500 Dividend Aristocrat ETF rocked a cool 4.85% gain in November, but it’s giving up nearly half of its return this year in December. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 41 months of tracking these strategies, two strategies are generating a CAGR superior to NOBL.
Analysts’ Opinion of TROW
Many brokerage firms have already submitted their reports for TROW stocks, with Wells Fargo repeating the rating for TROW by listing it as a “Equal Weight.” The predicted price for TROW in the upcoming period, according to Wells Fargo is $109 based on the research report published on September 12, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see TROW reach a price target of $99. The rating they have provided for TROW stocks is “Underweight” according to the report published on August 27th, 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to TROW, setting the target price at $120 in the report published on April 11th of the previous year.
TROW Trading at -3.61% 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 -9.84% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares sank -8.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.51% lower at present.
During the last 5 trading sessions, TROW fell by -3.11%, which changed the moving average for the period of 200-days by -1.39% in comparison to the 20-day moving average, which settled at $118.31. In addition, T. Rowe Price Group Inc saw 0.30% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TROW starting from Thomson Andrew Justin Mackenzi, who sale 4,047 shares at the price of $123.35 back on Dec 10 ’24. After this action, Thomson Andrew Justin Mackenzi now owns 119,577 shares of T. Rowe Price Group Inc, valued at $499,184 using the latest closing price.
Thomson Andrew Justin Mackenzi, the Officer of T. Rowe Price Group Inc, proposed sale 4,047 shares at $123.57 during a trade that took place back on Dec 10 ’24, which means that Thomson Andrew Justin Mackenzi is holding shares at $500,074 based on the most recent closing price.
Stock Fundamentals for TROW
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.84 for the gross margin
The net margin for T. Rowe Price Group Inc stands at 0.3. The total capital return value is set at 0.16. Equity return is now at value 20.78, with 15.55 for asset returns.
Currently, EBITDA for the company is 2.55 billion with net debt to EBITDA at -1.0. When we switch over and look at the enterprise to sales, we see a ratio of 3.23. The receivables turnover for the company is 7.77for trailing twelve months and the total asset turnover is 0.5.
Conclusion
To wrap up, the performance of T. Rowe Price Group Inc (TROW) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
