Northern Trust Corp (NASDAQ: NTRS) has reported E.P.S. of $2.23 for its third fiscal quarter (ending September 30) versus $1.49 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $8.05 versus $5.27 for the same period a year ago.
Recent Price Action
On 10/23/24, Northern Trust Corp (NASDAQ: NTRS) stock enjoyed a very large increase of 7.0%, closing at $102.51. Moreover, trading volume in this advance was exceptionally high at 342% of normal. Relative to the market the stock has been strong over the last nine months and has risen 8.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NTRS is expected to continue to be an important Value Builder.
Northern Trust has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Northern Trust has a slightly positive Power Rating of 67 and a slightly positive Appreciation Score of 67, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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