Northern Trust Corp (NASDAQ: NTRS) kicked off on Tuesday, up 1.11% from the previous trading day, before settling in for the closing price of $100.24. Over the past 52 weeks, NTRS has traded in a range of $68.97-$104.25.
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Annual sales at Financial sector company grew by 14.68% over the past five years. While this was happening, its average annual earnings per share was recorded 26.93%. With a float of $195.16 million, this company’s outstanding shares have now reached $205.13 million.
Let’s look at the performance matrix of the company that is accounted for 23100 employees. In terms of profitability, gross margin is 115.35%, operating margin of 17.13%, and the pretax margin is 16.5%.
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 1.54%, while institutional ownership is 85.18%. The most recent insider transaction that took place on Oct 25 ’24, was worth 2,002,762. In this transaction EVP and General Counsel of this company sold 19,585 shares at a rate of $102.26, taking the stock ownership to the 17,132 shares. Before that another transaction happened on Oct 25 ’24, when Company’s Vice Chairman sold 27,874 for $100.50, making the entire transaction worth $2,801,343. This insider now owns 46,078 shares in total.
Northern Trust Corp (NTRS) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.46 earnings per share (EPS), higher than consensus estimate (set at 1.21) by 0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.83% 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 1.33. Likewise, its price to free cash flow for the trailing twelve months is 4.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.03, a number that is poised to hit 1.97 in the next quarter and is forecasted to reach 7.58 in one year’s time.
Technical Analysis of Northern Trust Corp (NTRS)
Northern Trust Corp (NASDAQ: NTRS) saw its 5-day average volume 0.91 million, a negative change from its year-to-date volume of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 41.63%. Additionally, its Average True Range was 2.12.
During the past 100 days, Northern Trust Corp’s (NTRS) raw stochastic average was set at 87.82%, which indicates a significant increase from 69.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.19% in the past 14 days, which was higher than the 23.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.94, while its 200-day Moving Average is $86.10. Nevertheless, the first resistance level for the watch stands at $102.18 in the near term. At $103.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $104.16. If the price goes on to break the first support level at $100.20, it is likely to go to the next support level at $99.06. The third support level lies at $98.22 if the price breaches the second support level.
Northern Trust Corp (NASDAQ: NTRS) Key Stats
The company with the Market Capitalisation of 20.09 billion has total of 198,218K 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 3,936 M and last quarter income was 464,900 K.
