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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 07/09/1986. State Street Corporation is in the Asset Management industry and Financial sector. Average volume for State Street Corporation, is 2712.68, and so far today it has a volume of 2718300. Performance year to date since the 07/09/1986 is -18.20%.

To help you determine whether State Street Corporation is undervalued the following values will help you decide. P/E is 12.28 and forward P/E is 10.16. PEG perhaps more useful shows that State Street Corporation has a value for PEG of 3.34. P/S ratio is 8.66 and the P/B ratio is 1.14. The P/Cash and P/Free cash flow is 0.21 and *TBA respectively.

At the current price State Street Corporation is trading at, 53.61 (0.71% today), State Street Corporation has a dividend yield of 2.54%, and this is covered by a payout ratio of 30.80%. Earnings per share (EPS) is 4.37, and this is looking to grow in the next year to 11.10% after growing -1.40% this past year. EPS growth quarter over quarter is -11.30%, and -1.70% for sales growth quarter over quarter.

The number of shares outstanding is 399.42, and the number of shares float is 392.81. The senior management bring insider ownership to 0.90%, and institutional ownership is at 88.10%. The float short is 2.29%, with the short ratio at a value of 3.32. Management has seen a return on assets of 0.70%, 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 0.55 and total debt/equity is 0.86. In terms of margins, State Street Corporation has a gross margin of *TBA, with its operating margin at 82.50%, and State Street Corporation has a profit margin of 72.40%.

The 52 week high is -32.51%, with 7.00% being its 52 week low. The 20 day simple moving average is -8.76% and the 200 day simple moving average is -12.46%.

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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