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.
State |
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
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
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 Corp | 2023-12-31 | 4.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4 M | Cooke & Bieler Lp | 2023-12-31 | 3.8 M | Lsv Asset Management | 2023-12-31 | 3.7 M | Metropolis Capital Ltd | 2023-12-31 | 3.5 M | Yacktman Asset Management Co | 2023-12-31 | 3.4 M | Amundi | 2023-12-31 | 3.4 M | Goldman Sachs Group Inc | 2023-12-31 | 2.9 M | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 2.9 M | Vanguard Group Inc | 2023-12-31 | 37.1 M | Blackrock Inc | 2023-12-31 | 24.9 M |
State Street Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 90M | 165M | 164M | 339M | 77M | 73.2M | |
Free Cash Flow | 5.0B | 3.0B | (7.5B) | 11.2B | (126M) | (119.7M) | |
Depreciation | 1.3B | 1.5B | 1.6B | 1.2B | 882M | 520.5M | |
Other Non Cash Items | 420M | 361M | 401M | 460M | 257M | 269.9M | |
Dividends Paid | 930M | 889M | 866M | 972M | (970M) | (921.5M) | |
Capital Expenditures | 730M | 560M | 811M | 734M | 816M | 856.8M | |
Net Income | 2.2B | 2.4B | 2.7B | 2.8B | 1.9B | 1.3B | |
End Period Cash Flow | 3.3B | 3.5B | 3.6B | 4.0B | 4.0B | 3.1B | |
Investments | (5.8B) | (61.4B) | (4.7B) | 9.7B | 25.5B | 26.7B | |
Net Borrowings | (1.1B) | 4.1B | (3.4B) | 2.2B | 2.5B | 2.6B | |
Change To Netincome | 237M | 350M | 206M | 486M | 437.4M | 284.5M | |
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 Composite | 1.04 | |
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 |
Fundamentals | State Street | Peer Average |
Return On Equity | 0.0794 | -0.31 |
Return On Asset | 0.0065 | -0.14 |
Profit Margin | 0.16 % | (1.27) % |
Operating Margin | 0.15 % | (5.51) % |
Current Valuation | (34.47 B) | 16.62 B |
Shares Outstanding | 301.94 M | 571.82 M |
Shares Owned By Insiders | 0.50 % | 10.09 % |
Shares Owned By Institutions | 90.19 % | 39.21 % |
Number Of Shares Shorted | 3.34 M | 4.71 M |
Price To Earning | 11.21 X | 28.72 X |
Price To Book | 1.06 X | 9.51 X |
Price To Sales | 1.96 X | 11.42 X |
Revenue | 11.95 B | 9.43 B |
Gross Profit | 12.13 B | 27.38 B |
EBITDA | 2.32 B | 3.9 B |
Net Income | 1.94 B | 570.98 M |
Cash And Equivalents | 115.12 B | 2.7 B |
Cash Per Share | 313.74 X | 5.01 X |
Total Debt | 21.5 B | 5.32 B |
Debt To Equity | 10.62 % | 48.70 % |
Book Value Per Share | 72.28 X | 1.93 K |
Cash Flow From Operations | 690 M | 971.22 M |
Short Ratio | 1.47 X | 4.00 X |
Earnings Per Share | 5.58 X | 3.12 X |
Price To Earnings To Growth | 5.61 X | 4.89 X |
Target Price | 86.62 | |
Number Of Employees | 46.45 K | 18.84 K |
Beta | 1.53 | -0.15 |
Market Capitalization | 23.34 B | 19.03 B |
Total Asset | 297.26 B | 29.47 B |
Retained Earnings | 27.96 B | 9.33 B |
Z Score | 0.85 | 8.72 |
Annual Yield | 0.04 % |
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.
Accumulation Distribution | 41969.32 | |||
Daily Balance Of Power | 0.7635 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 76.94 | |||
Day Typical Price | 77.07 | |||
Price Action Indicator | 0.94 | |||
Period Momentum Indicator | 1.13 |
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 Total | 13.6B | 17.1B | 21.5B | 22.6B | Total Assets | 314.6B | 301.5B | 297.3B | 155.4B |
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.Did You Try This Idea?
Run Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
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.
View All Next | Launch |
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.
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
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.