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Dynamic quotes 
OFFON

T. ROWE PRICE GROUP, INC.

(TROW)
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T. Rowe Price Group, Inc. : Towards the breakout of a major resistance level

12/14/2020 | 03:00am EST
long trade
Target price hit
Entry price : 151.13$ | Target : 170$ | Stop-loss : 137$ | Potential : 12.49%
T. Rowe Price Group Inc. shares are closing in on important technical levels. The technical chart pattern suggests that the currently tested resistance will be broken and new upside potential arises while volatility is likely to increase. Investors could get ahead of this signal in order to benefit from a better risk/reward ratio.
Investors have an opportunity to buy the stock and target the $ 170.
T. Rowe Price Group, Inc. : T. Rowe Price Group, Inc. : Towards the breakout of a major resistance level
Strengths
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • The tendency within the weekly time frame is positive above the technical support level at 118.94 USD

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at USD 152.53.
  • The stock is close to a major daily resistance at USD 153.17, which should be gotten rid of so as to gain new appreciation potential.
  • With an enterprise value anticipated at 5.31 times the sales for the current fiscal year, the company turns out to be overvalued.

ę MarketScreener.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 7 616 M - -
Net income 2021 2 929 M - -
Net cash 2021 4 352 M - -
P/E ratio 2021 15,1x
Yield 2021 3,71%
Capitalization 43 961 M 43 961 M -
EV / Sales 2021 5,20x
EV / Sales 2022 4,90x
Nbr of Employees 7 124
Free-Float 99,1%
Upcoming event on T. ROWE PRICE GROUP, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 195,60 $
Average target price 212,82 $
Spread / Average Target 8,80%
EPS Revisions
Managers and Directors
William Joseph Stromberg Chairman & Chief Executive Officer
Robert Wade Sharps President & Group Chief Investment Officer
Jennifer B. Dardis Chief Financial Officer & Treasurer
Nigel K. Faulkner Head-Global Technology
Robert Charles Trant Higginbotham Chief Operating Officer
Sector and Competitors