With 2.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.07 million shares. The 52-week range on STT shows that it touched its highest point at $103.00 and its lowest point at $70.20 during that stretch. It currently has a 1-year price target of $112.96. With its current market cap of 28.74 billion, STT has annualized dividend of $2.90 while the current yield stands at 2.91%. Beta for the stock currently stands at 1.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STT was up-trending over the past week, with a rise of 1.45%, but this was up by 0.65% over a month. Three-month performance surged to 4.36% while six-month performance rose 23.00%. The stock gained 37.45% in the past year, while it has gained 1.52% so far this year. A look at the trailing 12-month EPS for STT yields 8.23 with Next year EPS estimates of 10.87. For the next quarter, that number is 2.01. This implies an EPS growth rate of 12.33% for this year and 11.20% for next year. EPS is expected to grow by 12.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.85%.
Float and Shares Shorts:
At present, 288.77 million STT shares are outstanding with a float of 286.79 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STT since 17 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.60854 being high and $8.35916 being low. For STT, this leads to a yearly average estimate of $8.47886.
