Is State Street Stock a Good Investment?
State Street Investment Advice | STT |
- Examine State Street's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research State Street's leadership team and their track record. Good management can help State Street navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact State Street's business and its evolving consumer preferences.
- Compare State Street's performance and market position to its competitors. Analyze how State Street is positioned in terms of product offerings, innovation, and market share.
- Check if State Street pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about State Street's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in State Street Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if State Street Corp is a good investment.
Sell | Buy |
Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine State Street Stock
Researching State Street's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.21. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. State Street Corp has Price/Earnings To Growth (PEG) ratio of 0.64. The entity recorded earning per share (EPS) of 6.38. The firm last dividend was issued on the 1st of October 2024. State Street had 2:1 split on the 31st of May 2001.
To determine if State Street is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding State Street's research are outlined below:
| Over 91.0% of the company shares are owned by institutional investors | |
| On 11th of October 2024 State Street paid $ 0.76 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: WEBTOON Entertainment Shares Up 5.3 percent Should You Buy |
State Street Quarterly Good Will |
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State Street uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in State Street Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to State Street's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 12th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 17th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact State Street's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises State Street's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-07-15 | 2003-06-30 | 0.47 | 0.52 | 0.05 | 10 | ||
2005-10-18 | 2005-09-30 | 0.67 | 0.75 | 0.08 | 11 | ||
2006-07-18 | 2006-06-30 | 0.83 | 0.93 | 0.1 | 12 | ||
2004-10-12 | 2004-09-30 | 0.65 | 0.55 | -0.1 | 15 | ||
2017-04-26 | 2017-03-31 | 1.1 | 1.21 | 0.11 | 10 | ||
2013-01-18 | 2012-12-31 | 1 | 1.11 | 0.11 | 11 | ||
2015-04-24 | 2015-03-31 | 1.05 | 1.17 | 0.12 | 11 | ||
2014-07-22 | 2014-06-30 | 1.26 | 1.39 | 0.13 | 10 |
Know State Street's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as State Street is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading State Street Corp backward and forwards among themselves. State Street's institutional investor refers to the entity that pools money to purchase State Street's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lsv Asset Management | 2024-09-30 | 5.3 M | Hotchkis & Wiley Capital Management Llc | 2024-06-30 | 4.5 M | Metropolis Capital Ltd | 2024-09-30 | 4.3 M | Amundi | 2024-06-30 | 3.8 M | Ameriprise Financial Inc | 2024-06-30 | 3.6 M | Northern Trust Corp | 2024-09-30 | 3.6 M | Goldman Sachs Group Inc | 2024-06-30 | 3.4 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.1 M | Yacktman Asset Management Co | 2024-09-30 | 3 M | Vanguard Group Inc | 2024-09-30 | 37.4 M | Blackrock Inc | 2024-06-30 | 24.7 M |
State Street's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 27.94 B.Market Cap |
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State Street's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.08 | 0.14 |
Determining State Street's profitability involves analyzing its financial statements and using various financial metrics to determine if State Street is a good buy. For example, gross profit margin measures State Street's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of State Street's profitability and make more informed investment decisions.
State Street's Earnings Breakdown by Geography
Please note, the imprecision that can be found in State Street's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of State Street Corp. Check State Street's Beneish M Score to see the likelihood of State Street's management manipulating its earnings.
Evaluate State Street's management efficiency
At this time, State Street's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, State Street's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 672.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.5 B in 2024. State Street's management efficiency ratios could be used to measure how well State Street manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 73.83 | 77.52 | |
| Tangible Book Value Per Share | 46.13 | 48.43 | |
| Enterprise Value Over EBITDA | (13.39) | (14.06) | |
| Price Book Value Ratio | 1.05 | 1.00 | |
| Enterprise Value Multiple | (13.39) | (14.06) | |
| Price Fair Value | 1.05 | 1.00 | |
| Enterprise Value | -3.4 B | -3.6 B |
Understanding the operational decisions made by State Street management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0319 | Forward Dividend Yield 0.0319 | Forward Dividend Rate 3.04 | Beta 1.48 |
Basic technical analysis of State Stock
As of the 21st of November, State Street has the Semi Deviation of 0.7384, coefficient of variation of 439.92, and Risk Adjusted Performance of 0.1751. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of State Street Corp, as well as the relationship between them.State Street's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific State Street insiders, such as employees or executives, is commonly permitted as long as it does not rely on State Street's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases State Street insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
State Street's Outstanding Corporate Bonds
State Street issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. State Street Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most State bonds can be classified according to their maturity, which is the date when State Street Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US857477BE26 Corp BondUS857477BE26 | View | |
| US857477BD43 Corp BondUS857477BD43 | View | |
| STATE STREET P Corp BondUS857477BG73 | View | |
| US857477BF90 Corp BondUS857477BF90 | View | |
| STATE STR P Corp BondUS857477AT04 | View | |
| STATE STR P Corp BondUS857477AW33 | View | |
| STT 5769 15 JUN 47 Corp BondUS857477AY98 | View | |
| STATE STR P Corp BondUS857477AN34 | View |
Understand State Street's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing State Street's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1751 | |||
| Market Risk Adjusted Performance | 0.2893 | |||
| Mean Deviation | 0.9561 | |||
| Semi Deviation | 0.7384 | |||
| Downside Deviation | 0.9888 | |||
| Coefficient Of Variation | 439.92 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.5 | |||
| Information Ratio | 0.1493 | |||
| Jensen Alpha | 0.186 | |||
| Total Risk Alpha | 0.1293 | |||
| Sortino Ratio | 0.1846 | |||
| Treynor Ratio | 0.2793 | |||
| Maximum Drawdown | 5.94 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 0.9778 | |||
| Semi Variance | 0.5452 | |||
| Expected Short fall | (1.17) | |||
| Skewness | 0.5369 | |||
| Kurtosis | 0.6291 |
| Risk Adjusted Performance | 0.1751 | |||
| Market Risk Adjusted Performance | 0.2893 | |||
| Mean Deviation | 0.9561 | |||
| Semi Deviation | 0.7384 | |||
| Downside Deviation | 0.9888 | |||
| Coefficient Of Variation | 439.92 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.5 | |||
| Information Ratio | 0.1493 | |||
| Jensen Alpha | 0.186 | |||
| Total Risk Alpha | 0.1293 | |||
| Sortino Ratio | 0.1846 | |||
| Treynor Ratio | 0.2793 | |||
| Maximum Drawdown | 5.94 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.46 | |||
| Downside Variance | 0.9778 | |||
| Semi Variance | 0.5452 | |||
| Expected Short fall | (1.17) | |||
| Skewness | 0.5369 | |||
| Kurtosis | 0.6291 |
Consider State Street's intraday indicators
State Street intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of State Street stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
State Street Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of November 2024 Other Reports | ViewVerify | |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
State Stock media impact
Far too much social signal, news, headlines, and media speculation about State Street that are available to investors today. That information is available publicly through State media outlets and privately through word of mouth or via State internal channels. However, regardless of the origin, that massive amount of State data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of State Street news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of State Street relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to State Street's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive State Street alpha.
State Street Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards State Street can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
State Street Corp Historical Investor Sentiment
Investor biases related to State Street's public news can be used to forecast risks associated with an investment in State. The trend in average sentiment can be used to explain how an investor holding State can time the market purely based on public headlines and social activities around State Street Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
State Street's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for State Street and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average State Street news discussions. The higher the estimate score, the more favorable the investor's outlook on State Street.
State Street Corporate Directors
| William Freda | Independent Director | Profile | |
| Sean OSullivan | Independent Director | Profile | |
| William Meaney | Independent Director | Profile | |
| Amelia Fawcett | Lead Independent Director | Profile |
Additional Tools for State Stock Analysis
When running State Street's price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.