Analyst Ratings for T. Rowe Price Group Inc. (TROW)Updated: 2017-07-29
T. Rowe Price Group Inc. (NASDAQ:TROW) was awarded an average rating of Hold from investment analysts following the stock. Last month, TROW received an average rating of Hold.
4 analysts declared TROW a buy, 0 gave an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 3 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for TROW. The maximum price target given was 88, implying potential capital gains of 6.86 percent. The most pessimistic analyst gave a price target of 63, implying a possible loss of -23.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 5.56 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 5.14 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.02 percent. If we look at the last 90 days instead, we find a net average change of 3.76 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 5 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 6 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of TROW to grow at a rate of -12.55 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. TROW has a PEG ratio of -1.13.
TROW has a 52-week high of 85.42 and a 52-week low of 62.97. Currently the stock is 30.78 percent higher than its low, and below the high by 3.59 percent. TROW has a price/earnings ratio of 14.15. Investors typically compare the P/E ratio to a company's peers in the industry. The TROW value stock report compares TROW to some of its peers using value stock charts. The market cap of TROW is $19.87 billion. TROW's next earnings release will be on 0000-00-00, which is days away.