From Nasdaq: 2025-03-21 18:15:00

In the latest market close, T. Rowe Price (TROW) reached $92.83, with a -0.23% movement compared to the previous day. The stock lagged behind the S&P 500’s daily gain of 0.08%, while the Dow and Nasdaq saw increases of 0.08% and 0.52% respectively. The stock of the financial services firm has fallen by 14.24% in the past month, underperforming the Finance sector and the S&P 500.

Investors are eagerly awaiting T. Rowe Price’s upcoming earnings report, with projected EPS of $2.15 and revenue of $1.8 billion. Estimates for the annual period anticipate earnings of $9.14 per share and revenue of $7.45 billion. Recent changes to analyst estimates for T. Rowe Price can impact stock price performance, and the Zacks Rank offers insight into these changes.

Valuation is crucial for investors, with T. Rowe Price currently having a Forward P/E ratio of 10.18, higher than the industry average. The stock also has a PEG ratio of 2.39, compared to the industry’s average of 0.99. The Financial – Investment Management industry, to which T. Rowe Price belongs, has a Zacks Industry Rank of 143, placing it in the bottom 44% of all industries. The Zacks Industry Rank demonstrates industry performance based on the Zacks Rank of individual stocks within the group.

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This news article was originally published on Zacks Investment Research. Check out Zacks.com for the latest recommendations and stock analysis. Please note that the views expressed in this article are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more at Nasdaq: T. Rowe Price (TROW) Stock Sinks As Market Gains: What You Should Know