Are Marsh & McLennan Companies Inc. (MMC) stocks a prudent buy?

At the time of writing, Marsh & McLennan Companies Inc. [MMC] stock is trading at $158.69, up 2.99%. An important factor to consider is whether the stock is rising or falling in short-term value. The MMC shares have lost -0.09% over the last week, with a monthly amount drifted -4.98%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Marsh & McLennan Companies Inc. [NYSE: MMC] stock has seen the most recent analyst activity on January 30, 2023, when MKM Partners reiterated its Neutral rating and also boosted its price target to $175 from $160. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on January 20, 2023, and set its price target to $168. On January 09, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $178 on the stock. Credit Suisse started tracking the stock assigning a Neutral rating and suggested a price target of $157 on December 23, 2022. Citigroup initiated its recommendation with a Neutral and recommended $185 as its price target on December 15, 2022. Atlantic Equities downgraded its rating to Neutral for this stock on November 08, 2022, but kept the price target unchanged to $185. In a note dated July 12, 2022, Goldman initiated an Buy rating and iterated a target price of $182 on this stock.

For the past year, the stock price of Marsh & McLennan Companies Inc. fluctuated between $143.33 and $183.14. Currently, Wall Street analysts expect the stock to reach $184.71 within the next 12 months. Marsh & McLennan Companies Inc. [NYSE: MMC] shares were valued at $158.69 at the most recent close of the market. An investor can expect a potential return of 16.4% based on the average MMC price forecast.

Analyzing the MMC fundamentals

According to Marsh & McLennan Companies Inc. [NYSE:MMC], the company’s sales were 4.84 billion in the recent quarter, which represents an -2.20% plunge.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 154.63 points at the first support level, and at 150.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 161.32, and for the 2nd resistance point, it is at 163.94.

Marsh & McLennan Companies Inc. [MMC] reported earnings per share of $1.47 for its fiscal quarter that ended on 12/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.41/share, meaning a difference of $0.06 and a surprise factor of 4.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2022 were $1.18 per share as compared to estimates of $1.14 per share, a difference of $0.04 representing a surprise of 3.50%.

Ratios To Look Out For

It is important to note that Marsh & McLennan Companies Inc. [NYSE:MMC] has a current ratio of 1.20. Considering the valuation of this stock, the price to sales ratio is 4.05, the price to book ratio is 7.78 and the P/E (TTM) ratio is 26.32.

Transactions by insiders

The next item on our agenda is insider trading, which has seen 3 insider purchases totaling 4,838 shares and 4 insider sales totaling 9,992 shares over the past 3 months. Recent insider trading involved Klisura Dean Michael, President & CEO, Guy Carpenter, that happened on Mar 06 when 3140.0 shares were sold. Chief Financial Officer, MCGIVNEY MARK C completed a deal on Mar 03 to sell 11531.0 shares. Meanwhile, Vice President and Controller Mills Stacy sold 1276.0 shares on Mar 03.