State Street Corp Stock Buy Hold or Sell Recommendation

STT Stock  USD 77.32  1.13  1.48%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding State Street Corp is 'Strong Hold'. Macroaxis provides State Street buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding STT positions. The advice algorithm takes into account all of State Street's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting State Street's buy or sell advice are summarized below:
Real Value
76.05
Target Price
75.14
Hype Value
77.32
Market Value
77.32
Naive Value
78.5
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell State Street Corp given historical horizon and risk tolerance towards State Street. When Macroaxis issues a 'buy' or 'sell' recommendation for State Street Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out State Street Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as State and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Execute State Street Buy or Sell Advice

The State recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on State Street Corp. Macroaxis does not own or have any residual interests in State Street Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute State Street's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell State StreetBuy State Street
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon State Street Corp has a Risk Adjusted Performance of 0.016, Jensen Alpha of (0.12), Total Risk Alpha of (0.23), Sortino Ratio of (0.09) and Treynor Ratio of 0.0114
Macroaxis provides unbiased trade recommendation on State Street Corp that should be used to complement current analysts and expert consensus on State Street Corp. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure State Street Corp is not overpriced, please validate all State Street fundamentals, including its number of shares shorted, book value per share, annual yield, as well as the relationship between the ebitda and number of employees . Given that State Street Corp has a price to earning of 11.21 X, we advise you to double-check State Street Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

State Street Trading Alerts and Improvement Suggestions

State Street Corp generated a negative expected return over the last 90 days
Over 90.0% of the company shares are owned by institutional investors
Latest headline from investing.com: HarborOne Bancorp appoints new CFO

State Street Returns Distribution Density

The distribution of State Street's historical returns is an attempt to chart the uncertainty of State Street's future price movements. The chart of the probability distribution of State Street daily returns describes the distribution of returns around its average expected value. We use State Street Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of State Street returns is essential to provide solid investment advice for State Street.
Mean Return
0.02
Value At Risk
-1.56
Potential Upside
1.65
Standard Deviation
1.10
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of State Street historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

State Stock 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 originates 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
Northern Trust Corp2023-12-31
4.2 M
Morgan Stanley - Brokerage Accounts2023-12-31
M
Cooke & Bieler Lp2023-12-31
3.8 M
Lsv Asset Management2023-12-31
3.7 M
Metropolis Capital Ltd2023-12-31
3.5 M
Yacktman Asset Management Co2023-12-31
3.4 M
Amundi2023-12-31
3.4 M
Goldman Sachs Group Inc2023-12-31
2.9 M
Hotchkis & Wiley Capital Management Llc2023-12-31
2.9 M
Vanguard Group Inc2023-12-31
37.1 M
Blackrock Inc2023-12-31
24.9 M
Note, although State Street's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

State Street Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash90M165M164M339M77M73.2M
Free Cash Flow5.0B3.0B(7.5B)11.2B(126M)(119.7M)
Depreciation1.3B1.5B1.6B1.2B882M520.5M
Other Non Cash Items420M361M401M460M257M269.9M
Dividends Paid930M889M866M972M(970M)(921.5M)
Capital Expenditures730M560M811M734M816M856.8M
Net Income2.2B2.4B2.7B2.8B1.9B1.3B
End Period Cash Flow3.3B3.5B3.6B4.0B4.0B3.1B
Investments(5.8B)(61.4B)(4.7B)9.7B25.5B26.7B
Net Borrowings(1.1B)4.1B(3.4B)2.2B2.5B2.6B
Change To Netincome237M350M206M486M437.4M284.5M
Change Receivables(28M)127M(173M)(156M)(179.4M)(188.4M)

State Street Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to State Street or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that State Street's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a State stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.12
β
Beta against NYSE Composite1.04
σ
Overall volatility
1.13
Ir
Information ratio -0.1

State Street Volatility Alert

State Street Corp has relatively low volatility with skewness of -0.22 and kurtosis of 0.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure State Street's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact State Street's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

State Street Implied Volatility

State Street's implied volatility exposes the market's sentiment of State Street Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if State Street's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that State Street stock will not fluctuate a lot when State Street's options are near their expiration.

State Street Fundamentals Vs Peers

Comparing State Street's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze State Street's direct or indirect competition across all of the common fundamentals between State Street and the related equities. This way, we can detect undervalued stocks with similar characteristics as State Street or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of State Street's fundamental indicators could also be used in its relative valuation, which is a method of valuing State Street by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare State Street to competition
FundamentalsState StreetPeer Average
Return On Equity0.0794-0.31
Return On Asset0.0065-0.14
Profit Margin0.16 %(1.27) %
Operating Margin0.15 %(5.51) %
Current Valuation(34.47 B)16.62 B
Shares Outstanding301.94 M571.82 M
Shares Owned By Insiders0.50 %10.09 %
Shares Owned By Institutions90.19 %39.21 %
Number Of Shares Shorted3.34 M4.71 M
Price To Earning11.21 X28.72 X
Price To Book1.06 X9.51 X
Price To Sales1.96 X11.42 X
Revenue11.95 B9.43 B
Gross Profit12.13 B27.38 B
EBITDA2.32 B3.9 B
Net Income1.94 B570.98 M
Cash And Equivalents115.12 B2.7 B
Cash Per Share313.74 X5.01 X
Total Debt21.5 B5.32 B
Debt To Equity10.62 %48.70 %
Book Value Per Share72.28 X1.93 K
Cash Flow From Operations690 M971.22 M
Short Ratio1.47 X4.00 X
Earnings Per Share5.58 X3.12 X
Price To Earnings To Growth5.61 X4.89 X
Target Price86.62
Number Of Employees46.45 K18.84 K
Beta1.53-0.15
Market Capitalization23.34 B19.03 B
Total Asset297.26 B29.47 B
Retained Earnings27.96 B9.33 B
Z Score0.858.72
Annual Yield0.04 %
Note: Acquisition by Gregory Summe of 3116 shares of State Street subject to Rule 16b-3 [view details]

State Street Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as State . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About State Street Buy or Sell Advice

When is the right time to buy or sell State Street Corp? Buying financial instruments such as State Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total13.6B17.1B21.5B22.6B
Total Assets314.6B301.5B297.3B155.4B

Use Investing Ideas to Build Portfolios

In addition to having State Street in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Junk Bonds Funds Thematic Idea Now

Junk Bonds Funds
Junk Bonds Funds Theme
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Funds Theme or any other thematic opportunities.
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When determining whether State Street Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if State Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about State Street Corp Stock. Highlighted below are key reports to facilitate an investment decision about State Street Corp Stock:
Check out State Street Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary 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.
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Is State Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of State Street. If investors know State will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about State Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Dividend Share
2.64
Earnings Share
5.58
Revenue Per Share
36.915
Quarterly Revenue Growth
(0.04)
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because State Street's market value can be influenced by many factors that don't directly affect State Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.