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Is State Street Corporation(NYSE: STT), a large market cap stock a smart buy?

With a market cap of has a large market cap size. State Street Corporation (NYSE: STT) has been on the stock market since its IPO date on the 7/9/1986. State Street Corporation is in the Asset Management industry and Financial sector. Average volume for State Street Corporation, is 2808.2, and so far today it has a volume of 525331. Performance year to date since the 7/9/1986 is 5.36%.

To help you determine whether State Street Corporation is undervalued the following values will help you decide. P/E is 14.13 and forward P/E is 12.54. PEG perhaps more useful shows that State Street Corporation has a value for PEG of 1.75. P/S ratio is 10.97 and the P/B ratio is 1.44. The P/Cash and P/Free cash flow is 0.33 and 4.03 respectively.

At the current price State Street Corporation is trading at, 69.15 (0.14% today), State Street Corporation has a dividend yield of 1.97%, and this is covered by a payout ratio of 27.50%. Earnings per share (EPS) is 4.89, and this is looking to grow in the next year to 9.71% after growing -1.40% this past year. EPS growth quarter over quarter is 55.50%, and -1.10% for sales growth quarter over quarter.

The number of shares outstanding is 391.5, and the number of shares float is 386.98. The senior management bring insider ownership to 0.90%, and institutional ownership is at 90.30%. The float short is 1.36%, with the short ratio at a value of 1.88. Management has seen a return on assets of 0.80%, and also a return on investment of 4.80%.

The ability for State Street Corporation, to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is 0.63 and total debt/equity is 0.95. In terms of margins, State Street Corporation has a gross margin of *TBA, with its operating margin at 82.20%, and State Street Corporation has a profit margin of 80.40%.

The 52 week high is -10.06%, with 38.02% being its 52 week low. The 20 day simple moving average is 15.58% and the 200 day simple moving average is 14.01%.

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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Peter Clarke

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