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 most optimistic price target was 88, which equates to a potential upside of 6.86 percent. The most pessimistic price target was 63, which equates to a potential downside 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 5.56 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.76 percent.
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 made negative revisions. Also over the last month, 6 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TROW's earnings is estimated by analysts to be -12.55 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, 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. The current market price is above the trailing year's low by 30.78 percent, and 3.59 percent lower than its 52-week high. TROW has a P/E 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 will post this quarters earnings in days, on 0000-00-00.