Analysis T. Rowe Price Group, Inc. (0KNY)
5/29/2024
Analysis of T. Rowe Price Group, Inc. (0KNY)
T. Rowe Price Group, Inc. (TROW) is showing a positive trend based on the recent data. The stock price has been increasing steadily, with the RSI indicator showing values above 50, indicating bullish momentum. The MACD indicator is also positive, with the MACD line above the signal line and the MACD histogram showing an increasing trend.The moving averages (SMA, EMA, WMA) are all trending upwards, further supporting the bullish sentiment. The stock has been consistently trading above the moving averages, indicating a strong uptrend.
Overall, based on the technical indicators and moving averages, T. Rowe Price Group, Inc. appears to be in a bullish phase with potential for further price appreciation. Investors may consider this stock for a long position based on the current trend.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company had an EPS estimate of 1.32.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion, total debt of $104.59 billion, and a current ratio of 1.037. The profit margin is 26.31%, with a return on assets of 22.07% and return on equity of 147.25%. The fiscal year ends on September 30, 2023, with the most recent quarter ending on March 31, 2024.In terms of income statement, the company has an EBITDA of $131.39 billion, revenue of $381.62 billion, and a net income to common of $100.39 billion. The diluted EPS is $6.44, with a gross profit of $169.15 billion. The company has seen a decline in quarterly revenue and earnings growth year over year.
The stock statistics show a short ratio of 1.66, with 15.31 billion float shares and 94.31 million shares shorted. The company has 15.33 billion shares outstanding, with 5.22% held by insiders and 57.55% held by institutions. The short percent of shares outstanding is 0.62%.
Valuation metrics include a PEG ratio of 26.21, forward PE of 26.21, and trailing PE of 29.43. The enterprise value is $2.95 trillion, with a price to book ratio of 39.18 and price to sales ratio of 7.62. The enterprise to EBITDA ratio is 22.75, and the enterprise to revenue ratio is 7.73. The market capitalization stands at $2.91 trillion.
The stock price summary shows a beta of 1.26, with a 50-day moving average of $173.69 and a 200-day moving average of $180.79. The fifty-two-week low and high are $164.08 and $199.62, respectively, with a change of 8.25%.
In terms of dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of 1. The 5-year average dividend yield is 0.73%, with a trailing annual dividend rate of 0.97% and a forward annual dividend yield of 0.53%. The last split date was on August 31, 2020, with a 4-for-1 split, and the next dividend date is on May 16, 2024, with an ex-dividend date on May 10, 2024.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. Current Quarter (as of June 30, 2024):
- Average Estimate: $1.33
- Low Estimate: $1.27
- High Estimate: $1.36
- Year Ago EPS: $1.26
- Number of Analysts: 26
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.53
- Low Estimate: $1.44
- High Estimate: $1.63
- Year Ago EPS: $1.46
- Number of Analysts: 25
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.59
- Low Estimate: $6.43
- High Estimate: $6.92
- Year Ago EPS: $6.13
- Number of Analysts: 39
4. Next Year (as of September 30, 2025):
- Average Estimate: $7.23
- Low Estimate: $6.40
- High Estimate: $7.90
- Year Ago EPS: $6.59
- Number of Analysts: 39
Based on these estimates, we can see a generally positive trend in the expected earnings per share for both the upcoming quarters and the next two years. The average estimates are showing an increase compared to the year-ago EPS figures, indicating potential growth in earnings for the company.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company over the specified periods.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions about the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1% per annum.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11% per annum.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the near term compared to the past performance. However, the company is still projected to maintain a double-digit growth rate over the next 5 years according to analysts' consensus.
Price target
Based on the analysts' forecast, the future price of the security is expected to range between $164 (low) and $250 (high), with a median estimate of $200. The average forecasted price is $202.26, while the current price stands at $191.57. The currency used for these values is USD.Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. The gross profit margin has been fluctuating, with the highest in 2020 at $104.9 billion and the lowest in 2021 at $152.8 billion.
3. Operating income has shown an upward trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
4. Net income has also been increasing consistently, from $57.4 billion in 2020 to $97 billion in 2023.
5. Earnings per share (EPS) have shown a slight variation but have generally been stable over the years.
6. The company has been able to maintain a healthy EBITDA margin, with the highest at $129.2 billion in 2023.
7. Despite fluctuations in other income and expenses, the company has managed to increase its net income from continuous operations over the years.
8. The company has been effectively managing its operating expenses, with a slight increase in research and development costs but stable selling, general, and administrative expenses.
9. Non-operating interest expenses have been relatively stable, indicating efficient financial management.
10. The number of basic and diluted shares outstanding has remained constant over the years.
Overall, the company has shown consistent growth in revenue, profitability, and operational efficiency over the years.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets include cash, inventory, and receivables, with a significant portion in cash equivalents and short-term investments.
3. Non-current assets consist mainly of investments and advances, along with machinery, furniture, and equipment.
4. Total liabilities have also been increasing, but not as rapidly as assets, resulting in a growth in shareholders' equity.
5. Shareholders' equity includes common stock, retained earnings, and other equity components.
6. The company has been managing its short-term and long-term debts while investing in non-current assets for future growth.
7. The accumulated depreciation indicates the wear and tear on the company's assets over the years.
8. The provision for risks and charges has been relatively stable, indicating prudent risk management practices.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its peak in 2020.
5. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
6. Investing activities include the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company seems to be managing its cash flow effectively, with some fluctuations in different areas that may require further analysis.
MACD of 0KNY
This is not investment advice. Remember to verify the information provided here.
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