T. Rowe Price (TROW) saw a 1.47% increase to $104.80 in the latest session, outperforming the S&P 500. Analysts forecast an EPS of $2.47 and revenue of $1.91 billion, with full-year estimates of $9.76 EPS and $7.3 billion revenue. TROW holds a Zacks Rank of #2 (Buy).
Valuation metrics show TROW trading at a discount compared to its industry. The stock has a Forward P/E ratio of 10.58 and a PEG ratio of 2.79, higher than the industry average. The Financial – Investment Management industry ranks 162 out of 250+ industries, indicating lower performance.
Looking ahead, Zacks experts have identified 5 stocks set to double in the coming months. These picks are under the radar but have shown significant growth potential. Past recommendations have seen returns of +171% to +232%, making this report a valuable resource for investors.
Read more at Nasdaq: T. Rowe Price (TROW) Exceeds Market Returns: Some Facts to Consider
