4 Reasons to Go Long On Morgan Stanley [MS]

Morgan Stanley [MS] stock is down -1.14 while the S&P 500 has fallen -0.19% on Monday, 12/07/20. While at the time of this article, MS ATR is sitting at 1.65, with the beta value at 1.57. This stock’s volatility for the past week remained at 1.70%, while it was 2.41% for the past 30-day period. MS has fallen -$0.74 from the previous closing price of $65.00 on volume of 10.4 million shares.

On 19, November 2020, Morgan Stanley Survey: Racial Justice Movement Has Shifted VC Attitudes to Address Diverse Entrepreneurs’ Funding Gap. According to news published on Yahoo Finance, 61% of VCs say that the Black Lives Matter movement has impacted their investment strategy.

Analyst Birdseye View:

The most recent analyst activity for Morgan Stanley [NYSE:MS] stock was on October 13, 2020, when it was Resumed with an Overweight rating from JP Morgan, which also raised its 12-month price target on the stock to $57. On July 08, 2020, Seaport Global Securities Initiated a Buy rating and boosted its price target on this stock to $61. On June 24, 2020, DA Davidson Upgrade a Buy rating and increased its price target to $58. On June 23, 2020, UBS Reiterated a Buy rating and increased its price target to $52. On May 21, 2020, Odeon Upgrade a Buy rating and boosted its amount on this stock to $47. On April 14, 2020, Societe Generale Upgrade a Buy rating. Goldman elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $27.20 and a peak of $65.19. Right now, the middling Wall Street analyst 12-month amount mark is $65.00. At the most recent market close, shares of Morgan Stanley [NYSE:MS] were valued at $64.26. According to the average price forecast, investors can expect a potential return of 2.51%.

FUNDAMENTAL ANALYSIS

Morgan Stanley [NYSE:MS] most recently reported quarterly sales of 2.06 billion, which represented growth of -7.10%. This publicly-traded organization’s revenue is $1,047,525 per employee, while its income is $149,625 per employee. This company’s Gross Margin is currently 82.90%, its Operating Margin is 24.70%, its Pretax Margin is +17.85, and its Net Margin is +14.28. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.03, 11.18, 6.02 and 3.52 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 77.12 and the whole liability to whole assets at 30.64. It shows enduring liability to the whole principal at 50.87 and enduring liability to assets at 0.20 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 63.70 points at 1st support level, the second support level is making up to 63.14. But as of 1st resistance point, this stock is sitting at 65.00 and at 65.74 for 2nd resistance point.

Morgan Stanley [MS] reported its earnings at $1.66 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.28/share signifying the difference of 0.38 and 29.70% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.96 calling estimates for $1.12/share with the difference of 0.84 depicting the surprise of 75.00%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.32, it’s amount to book ratio is 1.12 and showing 10.84 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by OLAYAN HUTHAM S, Director, and it was the purchase of 25000.0 shares on Nov 12. MITSUBISHI UFJ FINANCIAL GROUP, the 10% Owner, completed a sale of 1.02 million shares on Oct 19. On Jul 21, ROONEY ROBERT P, Head of Tech/Ops/Resilience, completed a sale of 18355.0 shares.