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.
Recent meaningful positive changes in investment behavior have benefitted Northern Trust Corp (NASDAQ: NTRS): positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
NTRS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Northern Trust has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northern Trust has a slightly positive Appreciation Score of 69 and a good Power Rating of 84, producing the Highest Value Trend Rating.
Recent Price Action
On 4/26/24, Northern Trust Corp (NASDAQ: NTRS) stock declined slightly by -0.07%, closing at $83.38. However, below average trading volume at 67% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 2.4% during the last week.
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