State Street Corp (NYSE:STT) currently has a daily average trading volume of 2.10M but it saw 2420174 shares traded in last market. With a market cap of 24.74B USD, the company’s current market price of $85.76 came rising about 0.05 while comparing to the previous closing price of $85.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $103.00 and as low as $70.20. In the recent trading on the day, stock has struck highest price mark of $84.03 while lowest mark touched by it was $87.059.
Taking a look at 20-day trading activity of State Street Corp (STT) gives us an average price of $95.19, while its current price level is -16.74% below from 52-week high level whereas it is 22.17% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $97.19 while that of 200 days or SMA-200 reads an average of $88.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.26% during that period while stretching the period over a month that decreases to 2.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 22.93 which implies that the stock is in oversold territory.
JP Morgan upgraded its recommendation for the stock as a “Neutral” from “Underweight” on December 20, 2024 while assigning a price target of $95. Morgan Stanley also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $102 and $139.
Over the week, STT’s stock price is moving -7.33% down while it is -12.53% when we observe its performance for the past one month. Year-to-date it is -12.62% down and over the past year, the stock is showing an upside performance of 18.40%.
The company is expected to be releasing its next quarterly report on 2025-Jan-16, for which analysts forecasted an EPS of 1.99 while estimate for next year EPS is 9.75. In next quarter, company is expected to be making quarterly sales of $3.36B as analysts are expecting the sales for current fiscal year at $13.53B and seeing the company making $13.96B in sales next year. Moreover, analysts are in estimates of $3.3B for current-quarter revenue.
Currently, State Street Corp’s total number of outstanding shares is 288.77M with 0.48% of that held by the insiders while 91.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.18% and return on equity (ROE) at 10.93%. It has a price to earnings ratio (P/E ratio) of 10.42 while having a 7.90 of forward P/E ratio. Stock’s beta reads 1.46. Stock has a price to book (P/B) ratio of 1.10 while price to sale or P/S ratio amounts to 1.17. Its return on asset (ROA) is 0.83% on average.
