Yahoo Finance Why Northern Trust Corporation (NTRS) is a Top Momentum Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
Northern Trust Corporation (NTRS)
Headquartered in Chicago, Northern Trust Corporation provides services from sovereign wealth funds to the wealthiest families. The company is a leading provider of wealth management, asset servicing, asset management and banking solutions to corporations, institutions, families, and individuals.
NTRS is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of A. Shares are down 5% over the past one week and up 2.8% over the past four weeks. NTRS has gained 13.4% in the last one-year period as well. Looking at trading volume, an average of 956,219.31 shares exchanged hands over the last 20 trading days.
Momentum investors also pay close attention to a company's earnings. For NTRS, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.10 to $7.01 per share for 2024. NTRS boasts an average earnings surprise of 6.6%.
With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding NTRS to their portfolios.
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Northern Trust Corporation (NTRS) : Free Stock Analysis Report
