An Insight Special On T. Rowe Price Group, Inc. (NASDAQ:TROW)

Experts Expectations:

Experts are expecting that the revenue will rise of 4.1% from the year-earlier quarter to $710.5 million.

Industry Analysis

T. Rowe Price Group, Inc. (NASDAQ:TROW) is ranked 26^th among 360 by long term growth rate. The company maintains the long term growth rate of 13.71 percent as compared to highest long term growth rate of 17.50 percent maintained in its industry.

Financial Analysis

T. Rowe Price Group, Inc. (NASDAQ:TROW) generated the revenue of $671.50 million for the quarter ended December 31^st, 2011 as compared to revenue of $647.50 million for the same period last year. The company reported the net profit of $188.40 million or profit of $0.73 per share for the respective quarter as compared to net profit of $191.60 million or earnings of $0.72 per share last year.

The company’s total assets accumulate up to $3.77 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 6.97 times.

T. Rowe Price Group, Inc.’s Competitors:

Federated Investors, Inc. (NYSE:FII), BlackRock, Inc. (NYSE:BLK), Waddell & Reed Financial, Inc. (NYSE:WDR), U.S. Global Investors, Inc. (NASDAQ:GROW), Janus Capital Group Inc. (NYSE:JNS), Franklin Resources, Inc. (NYSE:BEN), Virtus Investment Partners, Inc. (NASDAQ:VRTS), Cohen & Steers, Inc. (NYSE:CNS), Calamos Asset Management, Inc (NASDAQ:CLMS), Bank of America (NYSE:BAC), Citigroup (NYSE:C), JP Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Financial Engines Inc (NASDAQ:FNGN).