Finance

Stocks under Review: State Street Corporation (NYSE:STT) – WEC Energy Group, Inc. (NYSE:WEC)

State Street Corporation (NYSE:STT)

State Street Corporation is one of the world’s leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia.

State Street Corporation (NYSE:STT)’s Financial Overview

State Street Corporation (NYSE) declined -0.65% yesterday to close its trading session at $63.07. The company has 1 year Price Target of $84.58. State Street Corporation has 52-Week high of $114.27 and 52-Week Low of $57.87. The stock touched its 52-Week High on 114.27 and 52-Week Low on 57.87. The stock traded with the volume of 2.52 Million shares yesterday. The firm shows the market capitalization of $24.09 Billion.

State Street Corporation (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $1.87/share against the analyst consensus estimate of $1.89/share. The difference between the actual and expected EPS is $-0.02 a share with a surprise factor of -1.1%.

The firm is trading with SMA20 of -2.21 Percent, SMA50 of -8.25 Percent and SMA200 of -27.76 percent. State Street Corporation has P/S value of 6.91 while its P/B value stands at 1.13. Similarly, the company has Return on Assets of 1 percent, Return on Equity of 11.9 percent and Return on Investment of 5.2 Percent. The company shows Gross Margin and Operating Margin of 0 percent and 74.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.3 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 20 analysts offering 12-month price forecasts for State Street Corp have a median target of 81.50, with a high estimate of 105.00 and a low estimate of 71.00. The median estimate represents a +29.22% increase from the last price of 63.07.

State Street Corporation is estimated to report earnings on 01/22/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.83. The reported EPS for the same quarter last year was $1.83.

WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Group is the natural gas distribution company. WEC Energy Group, Inc., formerly known as Wisconsin Energy Corporation, is based in MILWAUKEE, United States.

WEC Energy Group, Inc. (NYSE:WEC)’s Financial Outlook

The 13 analysts offering 12-month price forecasts for WEC Energy Group Inc have a median target of 69.00, with a high estimate of 76.00 and a low estimate of 64.00. The median estimate represents a -0.38% decrease from the last price of 69.26.

WEC Energy Group, Inc. is estimated to report earnings on 01/30/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.63. The reported EPS for the same quarter last year was $0.71.

According to Zacks Investment Research, WEC Energy Group, Inc. has a Consensus Recommendation of 2.6. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.36% and closed its last trading session at $69.26. The company has the market capitalization of $23.09 Billion. The stock has 52-week high of $75.48 and 52-Week low of $58.48. The firm touched its 52-Week high on 75.48 and 52-Week low on 58.48. The company has volume of 1.13 Million shares. The company has a total of 333.35 Million shares outstanding.

WEC Energy Group, Inc. (NYSE) in the last quarter reported its actual EPS of $0.74/share where the analyst estimated EPS was $0.71/share. The difference between the actual and Estimated EPS is $0.03. This shows a surprise factor of 4.2 percent.

The company has YTD performance of 4.26 percent. Beta for WEC Energy Group, Inc. stands at 0.04 while its ATR (average true range) is 1.68. The company has Weekly Volatility of 3.11%% and Monthly Volatility of 2.48%%.

WEC Energy Group, Inc. has distance from 20-day Simple Moving Average (SMA20) of -3.96%, Distance from 50-Day Simple Moving Average of -2.16 percent and Distance from 200-Day Simple Moving Average of 4.86%.

The Company currently has ROA (Return on Assets) of 4 percent, Return on Equity (ROE) of 13.3 Percent and Return on Investment (ROI) of 5.8% with Gross margin of 62.8 percent and Operating & Profit margin of 20.8% and 16.8% respectively.