TROW Slumps to 476th in Trading Volume Ranking as Turnover Drops 49.24 Percent

Generated by AI AgentAinvest Market Brief
Monday, May 5, 2025 7:48 pm ET1min read

On May 5, 2025, T. Rowe Price Group (TROW) experienced a significant decline in trading volume, with a total turnover of $170 million, marking a 49.24% decrease from the previous day. This placed

at the 476th position in terms of trading volume among all stocks for the day. The stock price of T. Rowe Price Group also decreased by 0.24%.

T. Rowe Price Group reported an adjusted earnings per share (EPS) of $2.23 for the first quarter of 2025, surpassing the consensus estimate of $2.09. This performance marked a 5.2% positive surprise, although it represented a 6.3% decrease from the previous year's EPS of $2.38. The company also reported net outflows of $8.6 billion, primarily driven by market conditions and investor sentiment.

Goldman Sachs has adjusted its price target for T. Rowe Price Group to $82 from $80, while maintaining a sell rating. This adjustment reflects the firm's assessment of the company's current financial performance and future prospects. Additionally,

has also adjusted its price target and earnings forecast for T. Rowe Price Group, acknowledging the company's recent financial results and market dynamics.

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