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Stockreport

Northern Trust: A Strong Q1 But A Full Valuation [Seeking Alpha]

Northern Trust Corporation (NTRS)  More Company Research Source: Seeking Alpha
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
NTRS achieved significant operating leverage, improving pre-tax margins and generating positive fee revenue ex-interest for the first time in years. Balance sheet growth and cost discipline drove earnings upgrades, but these positives are likely temporary and already reflected in the stock price. I maintain a 'sell' rating on NTRS due to its premium valuation, smaller scale, and greater reliance on interest income versus peers BK and STT. felixmizioznikov/iStock Editorial via Getty Images Shares of Northern Trust ( NTRS ) have been an excellent performer over the past year, gaining about 80%. Investors have been clearly drawn to its fee-based cash flows and limited credit risk, especially amidst fears about losses NTRS expanded pre-tax margins to 32% and generated a $47 million profit ex-interest, a dramatic improvement from last year's loss, reflecting strong cost discipline. NTRS trades at over 15x earnings, a premium to State Street and similar to BK, despite smaller s [Read more]
IMPACT SNAPSHOT EVENT TIME: NTRS
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Stockreport

Northern Trust: A Strong Q1 But A Full Valuation [Seeking Alpha]

Northern Trust Corporation  (NTRS) 
More Company Research Source: Seeking Alpha
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
NTRS achieved significant operating leverage, improving pre-tax margins and generating positive fee revenue ex-interest for the first time in years. Balance sheet growth and cost discipline drove earnings upgrades, but these positives are likely temporary and already reflected in the stock price. I maintain a 'sell' rating on NTRS due to its premium valuation, smaller scale, and greater reliance on interest income versus peers BK and STT. felixmizioznikov/iStock Editorial via Getty Images Shares of Northern Trust ( NTRS ) have been an excellent performer over the past year, gaining about 80%. Investors have been clearly drawn to its fee-based cash flows and limited credit risk, especially amidst fears about losses NTRS expanded pre-tax margins to 32% and generated a $47 million profit ex-interest, a dramatic improvement from last year's loss, reflecting strong cost discipline. NTRS trades at over 15x earnings, a premium to State Street and similar to BK, despite smaller s [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NTRS
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS