We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
T. Rowe Price (TROW) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
T. Rowe Price (TROW - Free Report) closed the latest trading day at $88.44, indicating a -1.21% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.74%. Elsewhere, the Dow saw an upswing of 0.05%, while the tech-heavy Nasdaq appreciated by 1.26%.
The financial services firm's shares have seen a decrease of 5.47% over the last month, not keeping up with the Finance sector's loss of 3.44% and the S&P 500's loss of 4.77%.
The upcoming earnings release of T. Rowe Price will be of great interest to investors. The company's earnings report is expected on May 2, 2025. On that day, T. Rowe Price is projected to report earnings of $2.09 per share, which would represent a year-over-year decline of 12.18%. Our most recent consensus estimate is calling for quarterly revenue of $1.77 billion, up 1.18% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.21 per share and a revenue of $6.89 billion, representing changes of -12% and -2.81%, respectively, from the prior year.
Any recent changes to analyst estimates for T. Rowe Price should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 10.17% lower within the past month. T. Rowe Price currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, T. Rowe Price is holding a Forward P/E ratio of 10.9. This expresses a premium compared to the average Forward P/E of 9.98 of its industry.
We can also see that TROW currently has a PEG ratio of 1.73. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Management industry had an average PEG ratio of 1.2 as trading concluded yesterday.
The Financial - Investment Management industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 228, which puts it in the bottom 9% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
T. Rowe Price (TROW) Stock Dips While Market Gains: Key Facts
T. Rowe Price (TROW - Free Report) closed the latest trading day at $88.44, indicating a -1.21% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.74%. Elsewhere, the Dow saw an upswing of 0.05%, while the tech-heavy Nasdaq appreciated by 1.26%.
The financial services firm's shares have seen a decrease of 5.47% over the last month, not keeping up with the Finance sector's loss of 3.44% and the S&P 500's loss of 4.77%.
The upcoming earnings release of T. Rowe Price will be of great interest to investors. The company's earnings report is expected on May 2, 2025. On that day, T. Rowe Price is projected to report earnings of $2.09 per share, which would represent a year-over-year decline of 12.18%. Our most recent consensus estimate is calling for quarterly revenue of $1.77 billion, up 1.18% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.21 per share and a revenue of $6.89 billion, representing changes of -12% and -2.81%, respectively, from the prior year.
Any recent changes to analyst estimates for T. Rowe Price should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 10.17% lower within the past month. T. Rowe Price currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, T. Rowe Price is holding a Forward P/E ratio of 10.9. This expresses a premium compared to the average Forward P/E of 9.98 of its industry.
We can also see that TROW currently has a PEG ratio of 1.73. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Management industry had an average PEG ratio of 1.2 as trading concluded yesterday.
The Financial - Investment Management industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 228, which puts it in the bottom 9% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.