Northern Trust Corp. (NASDAQ: NTRS)’s stock price has increased by 0.03 compared to its previous closing price of 95.76. However, the company has seen a 1.49% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-10-22 that CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 6, 2024. Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depos.
Is It Worth Investing in Northern Trust Corp. (NASDAQ: NTRS) Right Now?
Northern Trust Corp. (NASDAQ: NTRS) has a price-to-earnings ratio of 13.12x that is above its average ratio. Additionally, the 36-month beta value for NTRS is 1.09. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 12 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NTRS is 198.52M and currently, short sellers hold a 1.63% ratio of that float. The average trading volume of NTRS on October 23, 2024 was 1.08M shares.
NTRS’s Market Performance
NTRS’s stock has seen a 1.49% increase for the week, with a 4.68% rise in the past month and a 10.80% gain in the past quarter. The volatility ratio for the week is 1.55%, and the volatility levels for the past 30 days are at 1.65% for Northern Trust Corp. The simple moving average for the last 20 days is 3.99% for NTRS stock, with a simple moving average of 12.45% for the last 200 days.
Analysts’ Opinion of NTRS
Many brokerage firms have already submitted their reports for NTRS stocks, with Goldman repeating the rating for NTRS by listing it as a “Sell.” The predicted price for NTRS in the upcoming period, according to Goldman is $82 based on the research report published on September 26, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see NTRS reach a price target of $86, previously predicting the price at $82. The rating they have provided for NTRS stocks is “Underweight” according to the report published on January 30th, 2024.
Jefferies gave a rating of “Buy” to NTRS, setting the target price at $99 in the report published on January 09th of the current year.
NTRS Trading at 6.43% from the 50-Day Moving Average
After a stumble in the market that brought NTRS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.33% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares surge +4.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.10% upper at present.
During the last 5 trading sessions, NTRS rose by +1.49%, which changed the moving average for the period of 200-days by +14.76% in comparison to the 20-day moving average, which settled at $92.12. In addition, Northern Trust Corp. saw 13.52% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NTRS starting from Tribbett Charles A, who sale 1,855 shares at the price of $88.12 back on Sep 13 ’24. After this action, Tribbett Charles A now owns 1,000 shares of Northern Trust Corp., valued at $163,463 using the latest closing price.
Tribbett Charles A, the Director of Northern Trust Corp., proposed sale 1,855 shares at $86.36 during a trade that took place back on Sep 12 ’24, which means that Tribbett Charles A is holding shares at $160,203 based on the most recent closing price.
Stock Fundamentals for NTRS
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 1.01 for the gross margin
The net margin for Northern Trust Corp. stands at 0.12. The total capital return value is set at 0.02. Equity return is now at value 12.66, with 0.98 for asset returns.
Based on Northern Trust Corp. (NTRS), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is 0.3.
Currently, EBITDA for the company is -53.4 million with net debt to EBITDA at -110.47. When we switch over and look at the enterprise to sales, we see a ratio of -1.15. The receivables turnover for the company is 67.99for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.75.
Conclusion
In conclusion, Northern Trust Corp. (NTRS) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
