T. Rowe Price (TROW) stock gains 0.86% but lags S&P 500 and Dow

From Nasdaq: 2024-12-24 18:15:08

T. Rowe Price (TROW) closed trading at $117.07, up 0.86% from the previous day, but lagged behind the S&P 500 and Dow. The stock has fallen by 5.61% in the past month. Analysts project an EPS of $2.25 and revenue of $1.88 billion for the upcoming quarter.

Recent analyst estimates show positive revisions for T. Rowe Price, indicating optimism about the company’s performance. The Zacks Rank system, with T. Rowe Price at #2 (Buy), has historically correlated with stock price performance. Investors should monitor these estimates for potential opportunities.

T. Rowe Price is currently trading at a discount with a Forward P/E ratio of 12.33 compared to the industry’s 12.4. The company’s PEG ratio of 1.67 and industry ranking in the top 24% showcase positive indicators. Investors can track these metrics on Zacks.com for future trading decisions.

Zacks Investment Research has identified 5 stocks set to double, with some previous picks soaring over 500%. These under-the-radar opportunities offer potential for high returns. For more information and stock analysis, visit Zacks.com.



Read more at Nasdaq: T. Rowe Price (TROW) Gains But Lags Market: What You Should Know