T. Rowe Price Group (TROW): Assessing Valuation Following Latest AUM Figures and Ahead of Earnings Release
T. Rowe Price Group (TROW) recently reported preliminary assets under management of $1.77 trillion at the end of September, along with net outflows of $2.0 billion for the month. The company is also preparing to release its Q3 earnings on October 31.
See our latest analysis for T. Rowe Price Group.
Despite some investor caution after the recent net outflows, T. Rowe Price Group’s share price has inched up over the past three months. This hints at a bit of renewed confidence. The 1-year total shareholder return stands just above break-even. Multi-year performance shows the stock remains a recovery story rather than a momentum play right now.
If these shifts have you rethinking where opportunity might be next, now is the time to broaden…
