Moody’s Corp. [MCO] stock is trading at $456.48, down -0.34%. An important factor to consider is whether the stock is rising or falling in short-term value. The MCO shares have gain 5.23% over the last week, with a monthly amount glided 8.30%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Moody’s Corp. [NYSE: MCO] stock has seen the most recent analyst activity on July 24, 2024, when BMO Capital Markets downgraded its rating to a Market Perform and also revised its price target to $455 from $482. Previously, Barclays upgraded its rating to Overweight on April 02, 2024, and elevated its price target to $450. On December 15, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $455 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $390 on September 14, 2023. Goldman reiterated its recommendation of a Neutral and raised its price target to $362 on July 03, 2023. In a note dated May 09, 2023, Wells Fargo initiated an Equal Weight rating and provided a target price of $312 on this stock.
Moody’s Corp. [MCO] stock has fluctuated between $298.86 and $459.05 over the past year. Currently, Wall Street analysts expect the stock to reach $393.46 within the next 12 months. Moody’s Corp. [NYSE: MCO] shares were valued at $456.48 at the most recent close of the market. An investor can expect a potential drop of -13.81% based on the average MCO price forecast.
Analyzing the MCO fundamentals
Moody’s Corp. [NYSE:MCO] reported sales of 6.55B for the trailing twelve months, which represents a growth of 21.62%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.54 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.87.
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 452.74 points at the first support level, and at 449.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 461.44, and for the 2nd resistance point, it is at 466.40.
Ratios To Look Out For
For context, Moody’s Corp.’s Current Ratio is 1.48. On the other hand, the Quick Ratio is 1.48, and the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 12.68, the price to book ratio is 22.00 and price to earnings (TTM) ratio is 45.07.
Transactions by insiders
Recent insider trading involved Tulenko Stephen T, Officer, that happened on Jul 31 ’24 when 1147.0 shares were purchased. Officer, Tulenko Stephen T completed a deal on Jul 29 ’24 to buy 5978.0 shares. Meanwhile, Officer Steele Richard G bought 1506.0 shares on Jul 29 ’24.
