Deep Dive Into State Street Stock: Analyst Perspectives (9 Ratings)

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State Street STT has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 7 2 0 0
Last 30D 0 1 0 0 0
1M Ago 0 2 0 0 0
2M Ago 0 1 1 0 0
3M Ago 0 3 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $110.0, along with a high estimate of $139.00 and a low estimate of $94.00. Observing a 9.88% increase, the current average has risen from the previous average price target of $100.11.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The standing of State Street among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mike Mayo Wells Fargo Raises Overweight $118.00 $108.00
Connor Lynagh Morgan Stanley Raises Overweight $139.00 $102.00
David Konrad Keefe, Bruyette & Woods Raises Outperform $120.00 $105.00
Mike Mayo Wells Fargo Raises Overweight $108.00 $106.00
Brian Bedell Deutsche Bank Raises Hold $95.00 $90.00
Jason Goldberg Barclays Raises Overweight $108.00 $103.00
Mike Mayo Wells Fargo Raises Overweight $106.00 $98.00
Glenn Schorr Evercore ISI Group Raises Outperform $94.00 $89.00
Connor Lynagh Morgan Stanley Raises Equal-Weight $102.00 $100.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to State Street. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of State Street compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of State Street's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of State Street's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on State Street analyst ratings.

About State Street

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $47 trillion in assets under custody and administration and $4.7 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.

State Street: A Financial Overview

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: State Street's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 18.1%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: State Street's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 21.46%, the company may face hurdles in effective cost management.

Return on Equity (ROE): State Street's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 3.01%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): State Street's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.21%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: State Street's debt-to-equity ratio is below the industry average. With a ratio of 1.34, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

What Are Analyst Ratings?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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