Moody’s Corp [MCO] stock is trading at $499.20, up 1.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The MCO shares have gain 2.69% over the last week, with a monthly amount glided 4.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Moody’s Corp [NYSE: MCO] stock has seen the most recent analyst activity on December 20, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $565. Previously, Evercore ISI started tracking the stock with Outperform rating on October 02, 2024, and set its price target to $521. On September 23, 2024, downgrade downgraded it’s rating to Underperform. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $510 on August 13, 2024. BMO Capital Markets downgraded its rating to a Market Perform and reduced its price target to $455 on July 24, 2024. Barclays upgraded its rating to Overweight for this stock on April 02, 2024, and upped its price target to $450. In a note dated December 15, 2023, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $365 to $455.
Moody’s Corp [MCO] stock has fluctuated between $360.05 and $503.95 over the past year. Currently, Wall Street analysts expect the stock to reach $510.5 within the next 12 months. Moody’s Corp [NYSE: MCO] shares were valued at $499.20 at the most recent close of the market. An investor can expect a potential return of 2.26% 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 0.67% 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 2.03.
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 495.90 points at the first support level, and at 492.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 502.80, and for the 2nd resistance point, it is at 506.40.
Ratios To Look Out For
For context, Moody’s Corp’s Current Ratio is 1.63. On the other hand, the Quick Ratio is 1.63, and the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 13.12, the price to book ratio is 23.17 and price to earnings (TTM) ratio is 45.63.
Transactions by insiders
Recent insider trading involved Fauber Robert, President and CEO, that happened on Jan 15 ’25 when 281.0 shares were sold. Officer, Fauber Robert completed a deal on Jan 15 ’25 to buy 281.0 shares. Meanwhile, President and CEO Fauber Robert sold 281.0 shares on Jan 02 ’25.