Across the recent three months, 6 analysts have shared their insights on Northern Trust NTRS, expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 1 | 4 | 1 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 1 | 0 |
3M Ago | 0 | 1 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $88.33, a high estimate of $94.00, and a low estimate of $84.00. A decline of 1.49% from the prior average price target is evident in the current average.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Northern Trust is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Brian Bedell | Deutsche Bank | Raises | Hold | $94.00 | $84.00 |
Brian Bedell | Deutsche Bank | Lowers | Hold | $84.00 | $85.00 |
Betsy Graseck | Morgan Stanley | Lowers | Underweight | $93.00 | $97.00 |
Gerard Cassidy | RBC Capital | Raises | Outperform | $90.00 | $86.00 |
Alexander Blostein | Goldman Sachs | Lowers | Neutral | $84.00 | $94.00 |
David Konrad | Keefe, Bruyette & Woods | Lowers | Market Perform | $85.00 | $92.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Northern Trust. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Northern Trust compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Northern Trust's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Northern Trust's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Northern Trust analyst ratings.
Unveiling the Story Behind Northern Trust
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2023, Northern Trust had assets under custody or administration of $15.4 trillion and assets under management of $1.4 trillion.
A Deep Dive into Northern Trust's Financials
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Northern Trust's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 54.54%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Northern Trust's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 32.56% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Northern Trust's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.69% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Northern Trust's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.57%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Northern Trust's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.16.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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