In the past week, NTRS stock has gone up by 6.82%, with a monthly gain of 13.65% and a quarterly surge of 15.42%. The volatility ratio for the week is 2.87%, and the volatility levels for the last 30 days are 1.93% for Northern Trust Corp.. The simple moving average for the past 20 days is 7.57% for NTRS’s stock, with a 19.49% simple moving average for the past 200 days.
Is It Worth Investing in Northern Trust Corp. (NASDAQ: NTRS) Right Now?
The price-to-earnings ratio for Northern Trust Corp. (NASDAQ: NTRS) is 12.74x, which is above its average ratio. Moreover, the 36-month beta value for NTRS is 1.09. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 12 as “hold,” and 1 as “sell.”
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The public float for NTRS is 195.16M and currently, short sellers hold a 1.62% of that float. On October 30, 2024, NTRS’s average trading volume was 1.15M shares.
NTRS) stock’s latest price update
Northern Trust Corp. (NASDAQ: NTRS)’s stock price has soared by 0.43 in relation to previous closing price of 101.88. Nevertheless, the company has seen a gain of 6.82% in its stock price over the last five trading days. zacks.com reported 2024-10-28 that Northern Trust (NTRS) is well positioned to outperform the market, as it exhibits above-average growth in financials.
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 11.68% 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 -1.85% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 2.87%, as shares surge +15.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.37% upper at present.
During the last 5 trading sessions, NTRS rose by +6.82%, which changed the moving average for the period of 200-days by +22.09% in comparison to the 20-day moving average, which settled at $95.12. In addition, Northern Trust Corp. saw 21.26% 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 Levy Susan Cohen, who sale 19,585 shares at the price of $102.26 back on Oct 25 ’24. After this action, Levy Susan Cohen now owns 17,132 shares of Northern Trust Corp., valued at $2,002,762 using the latest closing price.
FRADKIN STEVEN L, the Vice Chairman of Northern Trust Corp., sale 27,874 shares at $100.50 during a trade that took place back on Oct 25 ’24, which means that FRADKIN STEVEN L is holding 46,078 shares at $2,801,343 based on the most recent closing price.
Stock Fundamentals for NTRS
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 1.01 for the gross margin
The net margin for Northern Trust Corp. stands at 0.11. The total capital return value is set at 0.02. Equity return is now at value 13.61, with 1.11 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 0.26. The debt to equity ratio resting at 1.31. The interest coverage ratio of the stock is 0.41.
Currently, EBITDA for the company is -53.4 million with net debt to EBITDA at 34.94. When we switch over and look at the enterprise to sales, we see a ratio of 2.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.
Conclusion
To wrap up, the performance of Northern Trust Corp. (NTRS) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
