Stock Updates

Is this Large Market Cap Stock target price reasonable for State Street Corporation (NYSE:STT)?

The company in question is, State Street Corporation (NYSE:STT) currently with a stock price of 69.02 (-0.39% today). The market cap for State Street Corporation is 27338.13, and is in the sector Financial, and Asset Management industry. The target price for State Street Corporation is *TBA. Currently State Street Corporation is trading with a P/E of 14.12, and a forward P/E of 12.47. Average volume for State Street Corporation is 2672.99 and so far today it is 3439600.

Performance in the last year for State Street Corporation has been 2.32%. For EPS growth, State Street Corporation has seen a growth of -1.40%, and is looking to grow in the next year to 9.78%. More long term stats show that EPS growth has been 7.60% over the last five years and could be 8.72% for the next five years. State Street Corporation has seen sales growth quarter over quarter at -1.10%, with EPS growth quarter over quarter at 55.50%. The 20-day simple moving average is 5.47%, with the 200-day simple moving average coming to 13.98%.

Since the IPO date for State Street Corporation on the 7/9/1986, State Street Corporation has seen performance year to date to be 5.31%. With State Street Corporation trading at 69.02, the dividend yield is 1.97%, and the EPS is 4.89.

So could State Street Corporation, be undervalued? Well as said before P/E is 14.12. The PEG is 1.62, P/S is 11.09 and the P/B is at 1.44. The P/cash is 0.24, with P/free cash flow at 4.08.

State Street Corporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.63, and total debt/equity at 0.95.

In terms of margins, State Street Corporation has a gross margin of *TBA, an operating margin of 82.20% and a profit margin of 80.40%.Payout ratio for State Street Corporation is 27.50%. Return on assets come to 0.80% with return on investment coming to 4.80%.

Insider ownership for State Street Corporation, is at 0.30% and institutional ownership comes to 86.30%. Outstanding shares are at 396.09. While shares float is 387. The float short is currently 1.48%, and short ratio is 2.14.

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.

About the author

Stephen Butters

Leave a Comment