At the time of writing, T. Rowe Price Group Inc [TROW] stock is trading at $89.32, up 0.66%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TROW shares have gain 9.38% over the last week, with a monthly amount drifted -4.00%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of T. Rowe Price Group Inc fluctuated between $77.85 and $125.81. 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 $89.32 at the most recent close of the market. An investor can expect a potential return of 55.62% based on the average TROW price forecast.
Analyzing the TROW fundamentals
According to T. Rowe Price Group Inc [NASDAQ:TROW], the company’s sales were 7.09B for trailing twelve months, which represents an 11.11% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.21 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 88.11 points at the first support level, and at 86.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.40, and for the 2nd resistance point, it is at 91.47.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.80, the price to book ratio is 1.93 and price to earnings (TTM) ratio is 9.76.
Transactions by insiders
Recent insider trading involved MacLellan Robert F., Director, that happened on Mar 31 ’25 when 3955.0 shares were sold. Director, ROBERT F. MACLELLAN completed a deal on Mar 31 ’25 to buy 3955.0 shares. Meanwhile, Principal Accounting Officer Hiebler Jessica M sold 1177.0 shares on Feb 14 ’25.
