Northern Trust Corp (NASDAQ: NTRS) on Friday, plunged -0.39% from the previous trading day, before settling in for the closing price of $105.39. Within the past 52 weeks, NTRS’s price has moved between $76.67 and $111.87.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Financial sector has jumped its sales by 14.68% annually for the last half of the decade. The company achieved an average annual earnings per share of 27.11%. With a float of $195.18 million, this company’s outstanding shares have now reached $198.22 million.
In an organization with 23100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 115.35%, operating margin of 13.48%, and the pretax margin is 16.5%.
Northern Trust Corp (NTRS) Insider and Institutional Ownership
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of Northern Trust Corp is 1.53%, while institutional ownership is 85.95%. The most recent insider transaction that took place on Nov 29 ’24, was worth 1,010,146. In this transaction Vice Chairman of this company sold 9,100 shares at a rate of $111.00, taking the stock ownership to the 47,797 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Affiliate proposed sale 9,100 for $110.62, making the entire transaction worth $1,006,639.
Northern Trust Corp (NTRS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 27.11% 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 1.38. Likewise, its price to free cash flow for the trailing twelve months is 4.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.03, a number that is poised to hit 1.98 in the next quarter and is forecasted to reach 7.73 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 1.74 million. That was better 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 11.44%. Additionally, its Average True Range was 2.04.
During the past 100 days, Northern Trust Corp’s (NTRS) raw stochastic average was set at 77.82%, which indicates a significant increase from 11.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.40% in the past 14 days, which was lower than the 22.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.89, while its 200-day Moving Average is $89.84. However, in the short run, Northern Trust Corp’s stock first resistance to watch stands at $105.64. Second resistance stands at $106.31. The third major resistance level sits at $107.07. If the price goes on to break the first support level at $104.21, it is likely to go to the next support level at $103.45. The third support level lies at $102.78 if the price breaches the second support level.
Northern Trust Corp (NASDAQ: NTRS) Key Stats
Market capitalization of the company is 20.73 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.
