Analyst Ratings for Northern Trust Corp. (NTRS)Updated: 2017-07-29
Analysts covering Northern Trust Corp. (NASDAQ:NTRS) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for NTRS last month.
Of the 20 analysts covering the stock, 4 gave it a buy rating, 1 issued an overweight rating, 14 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for NTRS. The maximum price target given was 111, implying potential capital gains of 27.21 percent. The lowest price target was 83, which equates to a potential downside of -4.88 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -4.15 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.15 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.48 percent. If we look at the last 90 days instead, we find a net average change of -1.77 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 6 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 7 analysts decreased their estimates.
NTRS has an estimated earnings growth rate of 7.25 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. NTRS has a PEG ratio of 2.74.
NTRS has traded between a high of 99.30 and a low of 65.92 over the past year. The current market price is above the trailing year's low by 32.37 percent, and 12.12 percent lower than its 52-week high. NTRS has a price/earnings ratio of 19.83. Investors typically compare the P/E ratio to a company's peers in the industry. The NTRS value stock report compares NTRS to some of its peers using value stock charts. The stock has a market capitalization of $20.13 billion. NTRS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.