T. Rowe Price Group, Inc. [TROW] took an upward turn with a change of -1.64%, trading at the price of $118.12 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 1.59 million shares changed hands being bought and sold, while T. Rowe Price Group, Inc. shares have an average trading volume of 1.06M shares for that time period. TROW monthly volatility recorded 1.96%, in the meanwhile having share price volatility for the week set at 2.11%. PS value for TROW stocks is 5.11 with PB recorded at 4.24.
T. Rowe Price Group, Inc. [NASDAQ:TROW]: Analyst Rating and Earnings
Its stock price has been found in the range of 84.59 to 120.14. This is compared to its latest closing price of $120.09.
Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Thu 24 Oct (In 42 Days).
Fundamental Analysis of T. Rowe Price Group, Inc. [TROW]
Now let’s turn to look at profitability: with a current Operating Margin for T. Rowe Price Group, Inc. [TROW] sitting at +42.84 and its Gross Margin at +83.36, this company’s Net Margin is now 35.50%. These measurements indicate that T. Rowe Price Group, Inc. [TROW] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 33.64, and its Return on Invested Capital has reached 29.00%. Its Return on Equity is 30.03, and its Return on Assets is 23.25. These metrics all suggest that T. Rowe Price Group, Inc. is doing well at using the money it earns to generate returns.
What about valuation? This company’s Enterprise Value to EBITDA is 10.43. The Enterprise Value to Sales for this firm is now 4.74. T. Rowe Price Group, Inc. [TROW] has a Price to Book Ratio of 3.59, a Price to Cash Flow Ratio of 10.43 and P/E Ratio of 14.87. These metrics all suggest that T. Rowe Price Group, Inc. is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, T. Rowe Price Group, Inc. [TROW] earns $765,110 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 13.68 and its Total Asset Turnover is 0.70.
T. Rowe Price Group, Inc. [TROW] has 234.40M shares outstanding, amounting to a total market cap of $27.69B. Its stock price has been found in the range of 84.59 to 120.14. At its current price, it has moved down by -1.68% from its 52-week high, and it has moved up 39.64% from its 52-week low.
This stock’s Beta value is currently 1.06, which indicates that it is 2.11% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 65.30. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is T. Rowe Price Group, Inc. [TROW] a Reliable Buy?
Shares of T. Rowe Price Group, Inc. [TROW], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.