The stock of Northern Trust Corp (NTRS) has gone up by 5.04% for the week, with a 17.03% rise in the past month and a 27.63% rise in the past quarter. The volatility ratio for the week is 2.17%, and the volatility levels for the past 30 days are 2.13% for NTRS. The simple moving average for the past 20 days is 8.07% for NTRS’s stock, with a 23.59% 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 13.27x, which is above its average ratio. Moreover, the 36-month beta value for NTRS is 1.07. 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 November 07, 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 gone rise by 5.15 in comparison to its previous close of 101.35, however, the company has experienced a 5.04% increase in its stock price over the last five trading days. zacks.com reported 2024-11-06 that NTRS’ steady organic growth and solid capital position, combined with the Fed’s recent rate cuts, make the stock a lucrative pick now.
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 14.23% 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 able to rebound, for now settling with 2.23% of gains for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.17%, as shares surge +16.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.88% upper at present.
During the last 5 trading sessions, NTRS rose by +5.04%, which changed the moving average for the period of 200-days by +31.16% in comparison to the 20-day moving average, which settled at $98.62. In addition, Northern Trust Corp saw 26.30% 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:
- 0.17 for the present operating margin
- 1.15 for the gross margin
The net margin for Northern Trust Corp stands at 0.13. 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 0.3. The debt to equity ratio resting at 1.31. 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 -74.18. When we switch over and look at the enterprise to sales, we see a ratio of -1.07. The receivables turnover for the company is 37.84for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.
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.
