Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $85.49 in the prior trading day, Northern Trust Corp. (NASDAQ: NTRS) closed at $87.14, up 1.93%. In other words, the price has increased by $1.93 from its previous closing price. On the day, 1.17 million shares were traded. NTRS stock price reached its highest trading level at $87.2 during the session, while it also had its lowest trading level at $85.14.
Ratios:
Our goal is to gain a better understanding of NTRS by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on January 30, 2024, Downgraded its rating to Underweight and sets its target price to $86 from $82 previously.
On January 09, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $68 to $99.
Wolfe Research Downgraded its Peer Perform to Underperform on January 03, 2024, while the target price for the stock was maintained at $85.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 15 ’24 when Cherecwich Peter sold 12,000 shares for $87.09 per share. The transaction valued at 1,045,080 led to the insider holds 31,471 shares of the business.
FRADKIN STEVEN L sold 4,097 shares of NTRS for $338,248 on May 01 ’24. The President/Wealth Management now owns 46,078 shares after completing the transaction at $82.56 per share. On Feb 22 ’24, another insider, FRADKIN STEVEN L, who serves as the President/Wealth Management of the company, sold 30,392 shares for $80.11 each. As a result, the insider received 2,434,703 and left with 55,707 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTRS now has a Market Capitalization of 17570736128 and an Enterprise Value of 31882235904. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.94, and their Forward P/E ratio for the next fiscal year is 12.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 4.19.
Stock Price History:
Over the past 52 weeks, NTRS has reached a high of $92.46, while it has fallen to a 52-week low of $62.44. The 50-Day Moving Average of the stock is 3.44%, while the 200-Day Moving Average is calculated to be 8.34%.
Shares Statistics:
The stock has traded on average 1.25M shares per day over the past 3-months and 1757290 shares per day over the last 10 days, according to various share statistics. A total of 205.13M shares are outstanding, with a floating share count of 201.55M. Insiders hold about 1.49% of the company’s shares, while institutions hold 82.53% stake in the company. Shares short for NTRS as of 1719532800 were 1732621 with a Short Ratio of 1.39, compared to 1717113600 on 1250017. Therefore, it implies a Short% of Shares Outstanding of 1732621 and a Short% of Float of 0.9599999499999999.
Dividends & Splits
In the trailing 12 months, NTRS’s forward annual dividend rate was 3.0, compared to 3.00 this year. Against a Trailing Annual Dividend Yield of 0.035091825The stock’s 5-year Average Dividend Yield is 3.1.
