T. Rowe Price (TROW) closed at $112.40, up 0.96%, outperforming S&P 500. Shares rose 1.66% in the past month. Earnings report expected on November 1, 2024, with projected EPS of $2.36 and revenue of $1.84 billion. Zacks estimates full-year earnings at $9.16 per share and revenue at $7.18 billion, showing growth.
Analyst estimate revisions for T. Rowe Price impact stock prices. Zacks Rank system rates T. Rowe Price a #2 (Buy) with 2.16% EPS increase in 30 days. Forward P/E ratio at 12.16, above industry average. PEG ratio of 1.82 suggests premium valuation. Financial – Investment Management industry ranks in top 9%.
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Read more at Nasdaq: T. Rowe Price (TROW) Outpaces Stock Market Gains: What You Should Know
