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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 57.94 (1.12% today). The market cap for State Street Corporation is 22886.82, and is in the sector Financial, and Asset Management industry. The target price for State Street Corporation is 62.81. Currently State Street Corporation is trading with a P/E of 13.13, and a forward P/E of 10.94. Average volume for State Street Corporation is 2750.04 and so far today it is 929983.

Performance in the last year for State Street Corporation has been -27.48%. For EPS growth, State Street Corporation has seen a growth of -1.40%, and is looking to grow in the next year to 10.64%. More long term stats show that EPS growth has been 7.60% over the last five years and could be 3.68% for the next five years. State Street Corporation has seen sales growth quarter over quarter at -1.70%, with EPS growth quarter over quarter at -11.30%. The 20-day simple moving average is -0.05%, with the 200-day simple moving average coming to -4.70%.

Since the IPO date for State Street Corporation on the 7/9/1986, State Street Corporation has seen performance year to date to be -12.57%. With State Street Corporation trading at 57.94, the dividend yield is 2.37%, and the EPS is 4.37.

So could State Street Corporation, be undervalued? Well as said before P/E is 13.13. The PEG is 3.57, P/S is 9.26 and the P/B is at 1.22. The P/cash is 0.22, with P/free cash flow at *TBA.

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 0.55, and total debt/equity at 0.86.

In terms of margins, State Street Corporation has a gross margin of *TBA, an operating margin of 82.50% and a profit margin of 72.40%.Payout ratio for State Street Corporation is 30.80%. Return on assets come to 0.70% with return on investment coming to 4.80%.

Insider ownership for State Street Corporation, is at 0.90% and institutional ownership comes to 88.00%. Outstanding shares are at 399.42. While shares float is 392.86. The float short is currently 1.78%, and short ratio is 2.54.

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

Mark Hines

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