Northern Trust Corp (NASDAQ: NTRS) on Tuesday, plunged -1.00% from the previous trading day, before settling in for the closing price of $108.93. Within the past 52 weeks, NTRS’s price has moved between $74.63 and $109.54.
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During the last 5-year period, the sales growth of Financial Sector giant was 14.68%. The company achieved an average annual earnings per share of 26.97%. With a float of $195.16 million, this company’s outstanding shares have now reached $205.13 million.
Let’s determine the extent of company efficiency that accounts for 23100 employees. In terms of profitability, gross margin is 120.4%, operating margin of 13.2%, and the pretax margin is 17.22%.
Northern Trust Corp (NTRS) Insider Activity
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of Northern Trust Corp is 1.54%, while institutional ownership is 85.90%. The most recent insider transaction that took place on Nov 07 ’24, was worth 529,000. In this transaction Executive Vice President of this company sold 5,000 shares at a rate of $105.80, taking the stock ownership to the 49,756 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Chief Operating Officer sold 16,153 for $105.18, making the entire transaction worth $1,698,973. This insider now owns 4,397 shares in total.
Northern Trust Corp (NTRS) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.52 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.91) by -0.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.65% 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
Northern Trust Corp (NTRS) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.42. Likewise, its price to free cash flow for the trailing twelve months is 4.43.
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 7.61 in one year’s time.
Technical Analysis of Northern Trust Corp (NTRS)
Looking closely at Northern Trust Corp (NASDAQ: NTRS), its last 5-days average volume was 1.3 million, which is a jump from its year-to-date volume of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 81.10%. Additionally, its Average True Range was 2.16.
During the past 100 days, Northern Trust Corp’s (NTRS) raw stochastic average was set at 94.08%, which indicates a significant increase from 83.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.75% in the past 14 days, which was higher than the 24.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.49, while its 200-day Moving Average is $87.41. However, in the short run, Northern Trust Corp’s stock first resistance to watch stands at $108.34. Second resistance stands at $108.83. The third major resistance level sits at $109.44. If the price goes on to break the first support level at $107.24, it is likely to go to the next support level at $106.63. Should the price break the second support level, the third support level stands at $106.14.
Northern Trust Corp (NASDAQ: NTRS) Key Stats
Market capitalization of the company is 21.38 billion based on 198,218K outstanding shares. Right now, sales total 12,117 M and income totals 1,107 M. The company made 3,936 M in profit during its latest quarter, and 464,900 K in sales during its previous quarter.
