T. Rowe Price Group Inc (NASDAQ: TROW) is -18.61% lower on its value in year-to-date trading and has touched a low of $92.79 and a high of $125.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TROW stock was last observed hovering at around $93.28 in the last trading session, with the day’s loss setting it -1.24%.
Currently trading at $92.04, the stock is -10.51% and -15.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.76 million and changing -1.33% at the moment leaves the stock -18.01% off its SMA200. TROW registered -21.76% loss for a year compared to 6-month gain of -11.28%. The firm has a 50-day simple moving average (SMA 50) of $108.8476 and a 200-day simple moving average (SMA200) of $112.26045.
The stock witnessed a -15.58% loss in the last 1 month and extending the period to 3 months gives it a -25.53%, and is -6.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.90% over the week and 2.55% over the month.
T. Rowe Price Group Inc (TROW) has around 8158 employees, a market worth around $20.49B and $7.09B in sales. Current P/E ratio is 10.06 and Fwd P/E is 9.69. Profit margin for the company is 28.82%. Distance from 52-week low is -0.81% and -26.84% from its 52-week high. The company has generated returns on investments over the last 12 months (19.19%).
The EPS is expected to shrink by -2.04% this year
1504.0 institutions hold shares in T. Rowe Price Group Inc (TROW), with institutional investors hold 80.84% of the company’s shares. The shares outstanding are 222.97M, and float is at 217.51M with Short Float at 4.14%. Institutions hold 79.19% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.83 million shares valued at $2.98 billion. The investor’s holdings represent 11.5498 of the TROW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.65 million shares valued at $2.27 billion to account for 8.7899 of the shares outstanding. The other top investors are STATE STREET CORP which holds 14.83 million shares representing 6.6333 and valued at over $1.71 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.956 of the shares totaling 6.61 million with a market value of $762.14 million.
T. Rowe Price Group Inc (TROW) Insider Activity
The most recent transaction is an insider sale by Hiebler Jessica M, the company’s Principal Accounting Officer. SEC filings show that Hiebler Jessica M sold 1,177 shares of the company’s common stock on Feb 14 ’25 at a price of $107.87 per share for a total of $0.13 million. Following the sale, the insider now owns 14356.0 shares.
Still, SEC filings show that on Feb 13 ’25, ANDREW J THOMSON (Officer) Proposed Sale 13,530 shares at an average price of $106.36 for $1.44 million. The insider now directly holds shares of T. Rowe Price Group Inc (TROW).
