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State Street Corporation (NYSE: STT) – Is this large market cap stock undervalued?

State Street Corporation (NYSE: STT), is firmly in the large market cap category with market cap of 27473.01. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for State Street Corporation is 70.44 (with a change from open of 0.27%), this in conjunction with a target price of *TBA. Volume today has so far reached 2156554, with an average volume of about 2481.69. The GAP for this stock, is 0.24%.

The P/E ratio is 14.41, bringing the forward P/E to a value of 12.72. The current EPS for State Street Corporation, is 4.89, with a EPS growth for this year coming to a value of -1.40%. Performance has been interesting with performance year to date coming to 7.48%.

Looking further into the growth statistics for State Street Corporation, EPS is looking like it will grow 9.82% in the next year. Looking even further it is projected to be 8.72%. Quarter over quarter is 55.50% for EPS growth and for sales growth quarter over quarter it is -1.10%. Looking at past EPS growth statistics we see that for the past five years it has been 7.60%. Sales growth for the past five years has in fact been 0.60%.

Looking at the ownership, we see that the insider ownership is at 0.30% and institutional ownership is 86.30%. Shares outstanding is 390.02, while shares float is at a value of 387. Float short for State Street Corporation is 1.48% and the short ratio is 2.3.

In terms of debt, long term debt/equity is 0.63, while the total debt/equity comes to 0.95. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is *TBA and their operating margin is 82.20%. The profit margin is 80.40%.

State Street Corporation has seen returns on assets of 0.80%, and on investment, 4.80%. Return on equity is 10.60%. Price/Earnings to growth ratio is 1.65. Price/Sales ratio is at a value of 11.15, with Price/book ratio coming to 1.47 and Price/cash is 0.24, and finally Price/Free cash Flow is 4.1.

The simple moving averages are 4.32% and 16.32% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -4.93% and the 52 week low is 40.60%.

State Street Corporation has a dividend yield of 2.16%, with a current price of 70.44. The ability to pay this means the payout ratio is 27.50%. This is in an industry, Asset Management, with equally high dividends from other companies in this sector, which it is Financial. State Street Corporation is based in USA.

Performance in the Asset Management industry means that State Street Corporation has seen performance for the past week of -0.89%, with performance for the month coming to 1.16%. Looking at the data for the quarter it is at a value of 35.05%, and for the half year the performance is 7.60%. Volatility for this week is 1.56% and for the month this is 1.68%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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