T. Rowe Price(US:TROW) ZACKSยท2024-06-10 23:20Company Performance - The stock of T. Rowe Price has risen by 3.54% in the past month, outperforming the Finance sector's gain of 0.75% and the S&P 500's gain of 3.25% [1] - T. Rowe Price's most recent trading session ended at $115.07, reflecting a -0.42% shift from the previous trading day's closing, lagging behind the S&P 500's daily gain of 0.26% [7] - The company is predicted to post an EPS of $2.19, indicating an 8.42% growth compared to the equivalent quarter last year, with a revenue estimate of $1.78 billion, up 10.29% from the prior-year quarter [8] Earnings Estimates - For the full year, the Zacks Consensus Estimates project earnings of $8.80 per share and a revenue of $7.12 billion, demonstrating changes of +15.94% and +10.16%, respectively, from the preceding year [2] - The Zacks Consensus EPS estimate has moved 0.65% higher over the last 30 days, and T. Rowe Price currently boasts a Zacks Rank of 1 (Strong Buy) [10] Valuation Metrics - T. Rowe Price currently has a Forward P/E ratio of 13.13, which signifies a premium compared to the average Forward P/E of 10.25 for its industry [4] - The company trades at a PEG ratio of 1.98, while its industry had an average PEG ratio of 0.91 as of yesterday's close [11] Industry Context - The Financial - Investment Management industry is part of the Finance sector, with a current Zacks Industry Rank of 141, placing it in the bottom 45% of all industries [5] - The Zacks Industry Rank evaluates the power of distinct industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [12]