Moody’s Corp [MCO] stock is trading at $479.42, up 0.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MCO shares have gain 3.96% over the last week, with a monthly amount drifted -1.59%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 [MCO] stock has fluctuated between $342.16 and $495.10 over the past year. Currently, Wall Street analysts expect the stock to reach $418.5 within the next 12 months. Moody’s Corp [NYSE: MCO] shares were valued at $479.42 at the most recent close of the market. An investor can expect a potential drop of -12.71% based on the average MCO price forecast.
Analyzing the MCO fundamentals
Moody’s Corp [NYSE:MCO] reported sales of 6.90B for the trailing twelve months, which represents a growth of 23.17%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.55 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 1.94.
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 475.89 points at the first support level, and at 472.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 482.98, and for the 2nd resistance point, it is at 486.54.
Ratios To Look Out For
For context, Moody’s Corp’s Current Ratio is 1.63. As well, the Quick Ratio is 1.63, while the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 12.60, the price to book ratio is 22.25 and price to earnings (TTM) ratio is 43.82.
Transactions by insiders
Recent insider trading involved West Michael L, President, Moody’s Investors, that happened on Nov 08 ’24 when 10896.0 shares were sold. Officer, West Michael L completed a deal on Nov 08 ’24 to buy 10896.0 shares. Meanwhile, President and CEO Fauber Robert sold 281.0 shares on Nov 01 ’24.
