Alert: Positive Fundamental Signals (11/21/24)-Northern Trust Corp (NASDAQ: NTRS)

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Northern Trust Corp (NASDAQ: NTRS) has recently enjoyed extremely meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Northern Trust has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Northern Trust has a slightly positive Appreciation Score of 63 and a good Power Rating of 83, triggering the Positive Value Trend Rating.

Recent Price Action

Northern Trust Corp (NASDAQ: NTRS) stock rose modestly by 1.0% on 11/21/24. The stock closed at $108.94. However, trading volume in this advance was unusually low at 64% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.0% during the last week.

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