T. Rowe Price Group Inc (NASDAQ: TROW): Retirees Don’t Worry About Volatility

T. Rowe Price Group Inc (NASDAQ:TROW) currently has a daily average trading volume of 2.21M but it saw 1540946 shares traded in last market. With a market cap of 20.81B USD, the company’s current market price of $94.46 came falling about -0.66 while comparing to the previous closing price of $95.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $125.81 and as low as $77.85.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which initiated the stock as “Equal Weight” in its note to investors issued on September 12, 2024, recommending a price target of $109 for it. Keefe Bruyette issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $106 and $120.

Over the week, TROW’s stock price is moving -3.27% down while it is 9.00% when we observe its performance for the past one month. Year-to-date it is -16.47% down and over the past year, the stock is showing a downside performance of -19.35%.

Currently, T. Rowe Price Group Inc’s total number of outstanding shares is 221.06M with 1.67% of that held by the insiders while 79.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 18.00% and return on equity (ROE) at 19.47%. It has a price to earnings ratio (P/E ratio) of 10.72 while having a 11.22 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 2.01 while price to sale or P/S ratio amounts to 2.93. Its return on asset (ROA) is 14.63% on average.