Northern Trust Corp. (NASDAQ: NTRS) kicked off on Friday, up 0.15% from the previous trading day, before settling in for the closing price of $96.26. Over the past 52 weeks, NTRS has traded in a range of $62.44-$97.08.
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A company in the Financial sector has jumped its sales by 14.68% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 15.25%. With a float of $198.52 million, this company’s outstanding shares have now reached $205.13 million.
In an organization with 23100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.68%, operating margin of 16.2%, and the pretax margin is 15.55%.
Northern Trust Corp. (NTRS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Northern Trust Corp. is 1.55%, while institutional ownership is 83.60%. The most recent insider transaction that took place on Sep 13 ’24, was worth 163,463. In this transaction Director of this company sold 1,855 shares at a rate of $88.12, taking the stock ownership to the 1,000 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director proposed sale 1,855 for $86.36, making the entire transaction worth $160,203.
Northern Trust Corp. (NTRS) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.49 earnings per share (EPS), lower than consensus estimate (set at 1.5) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.23% during the next five years compared to -5.22% drop over the previous five years of trading.
Northern Trust Corp. (NASDAQ: NTRS) Trading Performance Indicators
Take a look at Northern Trust Corp.’s (NTRS) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 4.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.30, a number that is poised to hit 1.74 in the next quarter and is forecasted to reach 7.06 in one year’s time.
Technical Analysis of Northern Trust Corp. (NTRS)
Let’s dig in a bit further. During the last 5-days, its volume was 1.09 million. That was inferior than the volume of 1.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.16%. Additionally, its Average True Range was 1.71.
During the past 100 days, Northern Trust Corp.’s (NTRS) raw stochastic average was set at 96.09%, which indicates a significant increase from 92.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.86% in the past 14 days, which was lower than the 22.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.51, while its 200-day Moving Average is $85.06. However, in the short run, Northern Trust Corp.’s stock first resistance to watch stands at $96.92. Second resistance stands at $97.44. The third major resistance level sits at $98.10. If the price goes on to break the first support level at $95.74, it is likely to go to the next support level at $95.08. The third support level lies at $94.56 if the price breaches the second support level.
Northern Trust Corp. (NASDAQ: NTRS) Key Stats
The company with the Market Capitalisation of 19.44 billion has total of 204,592K Shares Outstanding. Its annual sales at the moment are 12,117 M in contrast with the sum of 1,107 M annual income. Company’s last quarter sales were recorded 4,699 M and last quarter income was 896,100 K.
