Morgan Stanley (MS) stock forecast: Can it reach its 52-week high of $95.57

Morgan Stanley [MS] stock prices are up 0.15% to $91.28 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MS shares have gain 3.23% over the last week, with a monthly amount glided 6.55%, and seem to be holding up well over a long-time horizon.

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On 26, March 2024, Morgan Stanley Capital Partners Completes Sale of World 50 to New Continuation Fund Investment Vehicle. In a post published today on Yahoo Finance, Investment funds managed by Morgan Stanley Capital Partners (“MSCP”) today announced the sale of World 50 Parent LLC and its related subsidiary companies (“World 50” or the “Company”) to a single asset GP-led continuation fund investment vehicle managed by an affiliate of MSCP. The continuation fund is led by investments from Pantheon with co-lead participation from Blue Owl Strategic Equity and Lexington, with Norwest, Ares Management Funds, AltamarCAM and Churchill also committing to the vehicle.

From an analyst’s perspective:

Morgan Stanley [NYSE: MS] stock has seen the most recent analyst activity on January 17, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also revised its price target to $91 from $102. Previously, JP Morgan downgraded its rating to Neutral on January 17, 2024, and dropped its price target to $87. On January 09, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $96 on the stock. Societe Generale downgraded its rating to a Hold. Exane BNP Paribas downgraded its rating to a Neutral but $85 remained the price target by the analyst firm on November 20, 2023. Odeon downgraded its rating to Hold for this stock on October 23, 2023, but kept the price target unchanged to $79.15. In a note dated October 20, 2023, Wolfe Research upgraded an Peer Perform rating on this stock.

The stock price of Morgan Stanley [MS] has been fluctuating between $69.42 and $95.57 over the past year. Currently, Wall Street analysts expect the stock to reach $100.98 within the next 12 months. Morgan Stanley [NYSE: MS] shares were valued at $91.28 at the most recent close of the market. An investor can expect a potential return of 10.63% based on the average MS price forecast.

Analyzing the MS fundamentals

The Morgan Stanley [NYSE:MS] reported sales of 96.67B for trailing twelve months, representing a surge of 27.00%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.79.

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 90.84 points at the first support level, and at 90.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.82, and for the 2nd resistance point, it is at 92.35.

Morgan Stanley [MS] reported earnings per share of $0.99 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.01/share, meaning a difference of $-0.02 and a surprise factor of -2.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.38 per share as compared to estimates of $1.28 per share, a difference of $0.1 representing a surprise of 7.80%.

Ratios To Look Out For

It’s worth pointing out that Morgan Stanley [NYSE:MS]’s Current Ratio is 1.37. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 1.64 and price to earnings (TTM) ratio is 17.64.

Transactions by insiders

Recent insider trading involved GORMAN JAMES P, Executive Chairman, that happened on Feb 12 ’24 when 100000.0 shares were sold. Co-President, SAPERSTEIN ANDREW M completed a deal on Feb 12 ’24 to sell 26655.0 shares. Meanwhile, Chief Legal/Admin Officer GROSSMAN ERIC F sold 26562.0 shares on Jan 31 ’24.

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