State Street Corp (NYSE:STT) currently has a daily average trading volume of 2.05M but it saw 2429373 shares traded in last market. With a market cap of 26.02B USD, the company’s current market price of $90.21 came rising about 2.38 while comparing to the previous closing price of $88.11. 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 $87.86 while lowest mark touched by it was $90.83.
Taking a look at 20-day trading activity of State Street Corp (STT) gives us an average price of $92.23, while its current price level is -12.42% below from 52-week high level whereas it is 28.50% 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 $96.13 while that of 200 days or SMA-200 reads an average of $89.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.24% during that period while stretching the period over a month that increases to 2.76%. 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 43.53 which implies that the stock is in neutral 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 5.19% up while it is -10.19% when we observe its performance for the past one month. Year-to-date it is -8.09% down and over the past year, the stock is showing an upside performance of 24.43%.
The company is expected to be releasing its next quarterly report on 2025-Jan-16, for which analysts forecasted an EPS of 2.0 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 $13.52B and seeing the company making $13.94B in sales next year. Moreover, analysts are in estimates of $3.31B 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 10.96 while having a 8.34 of forward P/E ratio. Stock’s beta reads 1.45. Stock has a price to book (P/B) ratio of 1.16 while price to sale or P/S ratio amounts to 1.23. Its return on asset (ROA) is 0.83% on average.
