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Morning Hot Stocks: State Street Corporation, (STT)

Friday February 24th 2017: State Street Corporation, STT is in the exchange NYSE and its industry is Asset Management in the sector of Financial. Based in USA, State Street Corporation, STTĀ  has a market cap of 34.89 B. Since its IPO date on the 07/09/1986, State Street Corporation, STT performance year to date is 18.10%. Today State Street Corporation, STT has gained -1.32%, with a current price of 90.58.

Ownership of the company is 0.90% for insider ownership while institutional ownership is 93.30%. The management of the company have seen the company have a payout ratio of 26.60%. Return of assets are at 0.80%, with return on investment at 5.90%.

In terms of debt levels and profit levels, State Street Corporation, STT is seeing a long-term debt/equity of 0.63. While Total debt/equity is 0.92. With a profit margin of 83.80%, this is combined with a gross margin of *TBA, and operating margin of 81.80%. State Street Corporation ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year State Street Corporation, STT has seen a EPS growth of 11.20%. A performance for the year of 67.47%. The 52-week high is -1.78%, and the 52-week low is 62.65%. The average volume for State Street Corporation, STT is 69152.

With a target price of 90.89, can State Street Corporation, STT reach this target? Looking at the value indicators of State Street Corporation, STT. State Street Corporation has a P/E of 17.18 and a forward P/E of 13.76. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.35. State Street Corporation also has a P/S and a P/B of 13.95 and 1.93 respectively. For P/cash, State Street Corporation has a value of 0.35, while it is 21.83 for P/free cash flow.

At the current price of 90.58, State Street Corporation has a dividend yield of 1.66%. We see a return on equity of 11.30%.

Looking more long-term State Street Corporation, is projected to get an EPS growth for the next five years of 12.77%. In the short-term an EPS growth of 12.59% in the next year is forecasted. This is after a EPS growth of 11.20% for this year and for the last five years a 5.50% growth has been seen.

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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Stephen Butters

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