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.
Several price targets were given for NTRS by the analysts covering the stock. The maximum price target given was 111, implying potential capital gains of 27.21 percent. The minimum price target given was 83, which equates to a potential downside of -4.88 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.15 percent on average, compared to last month. That number becomes -4.15 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.48 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.77 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 6 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 7 analysts that revised their FY estimates downwards.
The growth rate of NTRS's earnings is estimated by analysts to be 7.25 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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. Currently the stock is 32.37 percent higher than its low, and 12.12 percent below the 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.