T. Rowe Price Group Inc. (TROW) stock: 12-month forecast projects 25.73% potential return%

A share price of T. Rowe Price Group Inc. [TROW] is currently trading at $110.55, up 2.24%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TROW shares have gain 5.42% over the last week, with a monthly amount glided 1.88%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

T. Rowe Price Group Inc. [NASDAQ: TROW] stock has seen the most recent analyst activity on September 12, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $109. Previously, Barclays started tracking the stock with Underweight rating on August 27, 2024, and set its price target to $99. On April 11, 2024, upgrade upgraded it’s rating to Mkt Perform and revised its price target to $120 on the stock. TD Cowen upgraded its rating to a Hold and increased its price target to $114 on April 08, 2024. Wells Fargo downgraded its rating to a Underweight and raised its price target to $105 on January 08, 2024. TD Cowen started tracking with a Underperform rating for this stock on January 04, 2024, and assigned it a price target of $88. In a note dated October 31, 2023, Citigroup upgraded an Neutral rating on this stock and revised its target price from $100 to $95.

T. Rowe Price Group Inc. experienced fluctuations in its stock price throughout the past year between $87.43 and $122.27. Currently, Wall Street analysts expect the stock to reach $139 within the next 12 months. T. Rowe Price Group Inc. [NASDAQ: TROW] shares were valued at $110.55 at the most recent close of the market. An investor can expect a potential return of 25.73% based on the average TROW price forecast.

Analyzing the TROW fundamentals

Trailing Twelve Months sales for T. Rowe Price Group Inc. [NASDAQ:TROW] were 6.80B which represents 7.65% growth. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.2 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 109.68 points at the first support level, and at 108.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.23, and for the 2nd resistance point, it is at 111.91.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.62, the price to book ratio is 2.48 and price to earnings (TTM) ratio is 13.06.

Transactions by insiders

Recent insider trading involved Hiebler Jessica M, Principal Accounting Officer, that happened on Sep 13 ’24 when 484.0 shares were sold. Officer, Hiebler Jessica M completed a deal on Sep 13 ’24 to buy 484.0 shares. Meanwhile, Vice President Thomson Andrew Justin Mackenzi sold 11969.0 shares on Sep 06 ’24.

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