Northern Trust Corp. (NTRS) in Focus: Stock Jumps 6.2% - Tale of the Tape
Northern Trust Corporation (NTRS) was a big mover last session, as the company saw its shares rise more than 6% on the day. Shares moved up after the bank’s fourth quarter 2014 earnings beat analysts’ estimates. This led to solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 2.27% in the past one-month time frame.
The bank witnessed one positive estimate revision and two negative estimate revisions in the past 30 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Northern Trust carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
However, a better-ranked stock in the same industry is Citigroup Inc. (C) with a Zacks Rank #2 (Buy).
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NORTHERN TRUST (NTRS): Free Stock Analysis Report
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