A share price of Moody’s Corp [MCO] is currently trading at $499.66, up 1.14%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MCO shares have gain 6.59% over the last week, with a monthly amount glided 8.12%, and 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 experienced fluctuations in its stock price throughout the past year between $358.49 and $495.10. 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 $499.66 at the most recent close of the market. An investor can expect a potential drop of -16.24% based on the average MCO price forecast.
Analyzing the MCO fundamentals
Trailing Twelve Months sales for Moody’s Corp [NYSE:MCO] were 6.90B which represents 23.17% growth. Gross Profit Margin for this corporation currently stands at 0.67% 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 494.37 points at the first support level, and at 489.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 503.08, and for the 2nd resistance point, it is at 506.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Moody’s Corp [NYSE:MCO] is 1.63. Further, the Quick Ratio stands at 1.63, while the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 13.13, the price to book ratio is 23.19 and price to earnings (TTM) ratio is 45.67.
Transactions by insiders
Recent insider trading involved Fauber Robert, President and CEO, that happened on Nov 15 ’24 when 281.0 shares were sold. Officer, Fauber Robert completed a deal on Nov 15 ’24 to buy 281.0 shares. Meanwhile, President, Moody’s Investors West Michael L sold 10896.0 shares on Nov 08 ’24.
