Is Northern Trust Corporation (NTRS) A Risky Investment?

Northern Trust Corporation (NASDAQ:NTRS) finished Friday with an addition of $0.09 to close at $125.32, an upside of 0.07 percent. An average of 1,067,160 shares of common stock have been traded in the last five days. There was a gain of $4.46 in the past week, and it reached a new high 41 times over the past 12 months. The last 20 days have seen an average of 859,015 shares traded, while the 50-day average volume stands at 745,478.

NTRS stock has increased by 14.57% in the last month. The company shares reached their 1-month lowest point of $106.57 on 10/01/21. With the stock rallying to its 52-week high on 10/21/21, shares of the company touched a low of $76.20 and a high of $126.73 in 52 weeks. It has reached a new high 36 times so far this year and achieved 34.55% or $32.18 in price. In spite of this, the price is down -1.11% from the 52-week high.


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Insider Transactions

73 days have passed since Northern Trust Corporation (NTRS) last reported insider trading activity. St Clair Joyce, who is Executive Vice President, most recently acquired $49,871 shares at $116.00 per share on Aug 11. In this transaction, the insider spent $5,785,036. President / Asset Management, Thomas Shundrawn A, disposed of 5,000 shares at a price of $112.47 on Jul 27. The insider now owns more than $562,350 worth of shares. Prior to that, Executive Vice President St Clair Joyce went on to Sale 6,568 shares at $120.00 each on May 21. An amount of $788,160 was transacted.

Valuation Metrics

Northern Trust Corporation (NTRS) has a trailing price-to-earnings (P/E) ratio of 21.37, which compares with the 20.50 for the broader industry and 13.15 for the sector. In the last five years, Northern Trust Corporation’s PE ratio has ranged between 22.50 and 9.399. The stock’s beta is 1.14. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.21, the price-to-book (PB) ratio at 2.39.

Northern Trust Corporation pays a $2.80 dividend per share annually. It offers a dividend yield of 2.23%. The company has a payout ratio of 47.60%. The company’s most recent quarterly dividend payment was $0.70 a share, without any change from last year. Its latest increase dividend $0.10 reported on Tuesday July 23 2019.Dividends have grown by 75.00% each year over the last three years.

Further, the company has a long term debt to equity ratio of 0.41 and a total debt to equity ratio of 14.29 for the quarter ending June 29. Its gross profit as reported stood at $1.44 billion compared to revenue of $1.64 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Northern Trust Corporation’s return on assets was 0.70%. For the broader industry, ROE averaged 10.74 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Northern Trust Corporation had $1.17 billion in total debt. The analyst consensus anticipated Northern Trust Corporation’s latest quarter earnings to come in at $1.71 per share, but it turned out to be $1.72, a 0.60% surprise. At the end of the quarter ending June 29, Northern Trust Corporation’s stock balance sheet showed total debt was $10.61 billion. Shareholders own equity worth $208.4 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Northern Trust Corporation (NTRS) price momentum. RSI 9-day as of the close on 22 October was 83.28%, suggesting the stock is Overbought, with historical volatility in this time frame at 20.83%.

As of today, NTRS’s price is $123.69 +3.69% or $4.46 from its 5-day moving average. NTRS is currently trading +14.63% higher than its 20-day SMA and +4.03% higher than its 100-day SMA. However, the stock’s current price level is +6.66% above the SMA50 and +28.43% above the SMA200.

The stochastic %K and %D were 94.64% and 93.36%, respectively, and the average true range (ATR) was 2.73. With the 14-day stochastic at 92.44% and the average true range at 2.74, the RSI (14) stands at 74.64%. The stock has reached 4.15 on the 9-day MACD Oscillator while the 14-day reading was at 6.98.

Analyst Ratings

UBS upgraded Northern Trust Corporation (NASDAQ: NTRS) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Northern Trust Corporation (NTRS) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell NTRS, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.

What is NTRS’s price target for the next 12 months?

Analysts predict a range of price targets between $111.00 and $149.00, with a median target of $130.00. Taking a look at these predictions, the average price target given by analysts for Northern Trust Corporation (NTRS) stock is $130.63.

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