State Street Corp (NYSE:STT) currently has a daily average trading volume of 2.22M but it saw 2556296 shares traded in last market. With a market cap of 25.28B USD, the company’s current market price of $87.57 came rising about 2.40 while comparing to the previous closing price of $85.52. 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 $85.05 while lowest mark touched by it was $88.01.
Taking a look at 20-day trading activity of State Street Corp (STT) gives us an average price of $83.05, while its current price level is -14.98% below from 52-week high level whereas it is 24.74% 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 $89.23 while that of 200 days or SMA-200 reads an average of $90.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.66% during that period while stretching the period over a month that decreases to 4.64%. 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 55.65 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 9.97% up while it is -5.35% when we observe its performance for the past one month. Year-to-date it is -10.78% down and over the past year, the stock is showing an upside performance of 17.53%.
The company is expected to be releasing its next quarterly report on 2025-Apr-16, for which analysts forecasted an EPS of 2.36 while estimate for next year EPS is 9.41. In next quarter, company is expected to be making quarterly sales of $3.35B as analysts are expecting the sales for current fiscal year at $13.42B and seeing the company making $13.84B in sales next year. Moreover, analysts are in estimates of $3.32B for current-quarter revenue.
Currently, State Street Corp’s total number of outstanding shares is 288.68M with 0.43% of that held by the insiders while 91.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.17% and return on equity (ROE) at 11.21%. It has a price to earnings ratio (P/E ratio) of 9.83 while having a 8.44 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 1.09 while price to sale or P/S ratio amounts to 1.17. Its return on asset (ROA) is 0.81% on average.
