State Street Corporation (STT) shares ascend -2.35% on Tuesday: A Good Option for Optimistic Investors

State Street Corporation (STT) is owned by a number of high-value investors. Its largest direct holder is Joseph Hooley Chairman of the Board with 722,639 shares. The second-largest direct holder is Jeffrey N. Carp Executive Vice President, Chief Legal Officer and Secretary, with 162,927 shares of the company’s stock. In third place with 127,235 shares of STT is Ronald P. O’hanley Director, Chief Executive Officer and President.

Now turning to institutional ownership of State Street Corporation (STT), Massachusetts Financial Services Co. is the top holder with 28.26 million shares. The next largest fund holder of this company’s stock is The Vanguard Group, Inc. with 28.13 million shares. In the third-place spot with 20.44 million shares is Longview Partners LLP.

This company’s stock price was $73.61 at the previous market close, with its latest volume reaching 2945020. Compare that to its average daily volume of 2.47M. Given the fact that this stock has 364.74M shares outstanding, its current market value is sitting at $26.85B. This publicly-traded stock’s 60-month Beta is 1.57. Its Price to Sales ratio is 6.71, its Price to Cash Flow ratio is 0.28, and its Price to Book ratio is 1.25.

STT stock has achieved a 5-day range of $73.35 to $76.43, with a total performance of -0.92% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $68.79 to $76.43, generating a +8.63% change during the period. In the past three months, this stock’s price has changed by +48.29%, trading in the range of $50.11 to $76.43.

In the past 5 days, shares of STT have made a new high 3 times. In the last month, it has made a new high 9 times, and in the past 3 months, it has made a new high 23 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 1.51. This is a 0.12 difference compared to the consensus estimate of 1.39, amounting to an earnings surprise of 8.60%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 1.39, making for an earnings surprise of 4.30%. For the quarter ending 3/30/2019, EPS was reported at 1.24, generating a 4.20% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $2.6 billion. This is compared to the prior year, where Net Income was $2.18 billion. Meanwhile, this company’s Operating Cash Flow was $10.46 billion for the year, compared to $6.93 billion in 2017. Capital Expenditures for the year were reportedly -$609.0 million, compared to -$637.0 million, and Free Cash flow was $9.85 billion compared to the prior year’s $6.3 billion.

State Street Corporation (STT) stock currently has a Financial Strength score of 3/10. This is due to a combination of factors, including a Cash to Debt ratio of 3.6, an Equity to Asset ratio of 0.1, a Debt to Equity ratio of 0.74 and a Debt to EBITDA of 1.75. The Beneish M-Score is -2.45.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: a Net Margin of 20.02, a ROE of 7.67.

Shifting focus now to Valuation and Return for STT, this company’s Price to Tangible Book is 2.24 and its Price to Median PS Value is 0.94. Price to Peter Lynch Fair Value for STT is now 0.00, and this organization’s Price to Graham Number is 1.2.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for STT is sitting at 0.00, while its Current Ratio is 0.00. This stock’s PB Ratio is 1.24, its PS Ratio is 2.62, its Forward PE Ratio is 11.96, and its PE Ratio without NRI is 14.54. Similarly, its Shiller PE Ratio is 14.63, its Price to Owner Earnings is 5.71, its Price to Free Cash Flow is 5.19 and its Price to Operating Cash Flow is 4.56.