A share price of Moody’s Corp. [MCO] is currently trading at $487.18, up 1.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MCO shares have gain 3.44% over the last week, with a monthly amount glided 0.48%, 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 October 02, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $521. Previously, Raymond James downgraded its rating to Underperform on September 23, 2024. On August 13, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $510 on the stock. BMO Capital Markets downgraded its rating to a Market Perform and decreased its price target to $455 on July 24, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $450 on April 02, 2024. Wells Fargo upgraded its rating to Overweight for this stock on December 15, 2023, and upped its price target to $455. In a note dated September 14, 2023, Wolfe Research initiated an Outperform rating and provided a target price of $390 on this stock.
Moody’s Corp. experienced fluctuations in its stock price throughout the past year between $298.86 and $495.10. Currently, Wall Street analysts expect the stock to reach $416.43 within the next 12 months. Moody’s Corp. [NYSE: MCO] shares were valued at $487.18 at the most recent close of the market. An investor can expect a potential drop of -14.52% based on the average MCO price forecast.
Analyzing the MCO fundamentals
Trailing Twelve Months sales for Moody’s Corp. [NYSE:MCO] were 6.55B which represents 21.62% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.87.
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 482.35 points at the first support level, and at 477.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 490.66, and for the 2nd resistance point, it is at 494.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Moody’s Corp. [NYSE:MCO] is 1.48. In addition, the Quick Ratio stands at 1.48 and the Cash Ratio stands at 0.82. Considering the valuation of this stock, the price to sales ratio is 13.53, the price to book ratio is 23.48 and price to earnings (TTM) ratio is 48.10.
Transactions by insiders
Recent insider trading involved Tulenko Stephen T, President, Moody’s Analytics, that happened on Aug 09 ’24 when 500.0 shares were sold. SVP – General Counsel, Steele Richard G completed a deal on Aug 08 ’24 to sell 1862.0 shares. Meanwhile, Officer Tulenko Stephen T bought 500.0 shares on Aug 09 ’24.
