These Numbers Show Favorable Signs for Morgan Stanley (MS)

Morgan Stanley (NYSE: MS) is -7.89% lower on its value in year-to-date trading and has touched a low of $69.42 and a high of $100.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MS stock was last observed hovering at around $85.65 in the last trading session, with the day’s gains setting it 0.24%.

Currently trading at $85.89, the stock is -1.04% and -1.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.66 million and changing 0.28% at the moment leaves the stock 1.72% off its SMA200. MS registered -13.21% loss for a year compared to 6-month gain of -2.00%.

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The stock witnessed a -6.11% loss in the last 1 month and extending the period to 3 months gives it a 13.06%, and is -1.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.25% over the week and 1.84% over the month.

Morgan Stanley (MS) has around Jan 30 2024 employees, a market worth around $140.97B and $96.51B in sales. Current P/E ratio is 16.60 and Fwd P/E is 11.76. Profit margin for the company is 8.84%. Distance from 52-week low is 23.73% and -14.95% from its 52-week high. The company has generated returns on investments over the last 12 months (2.37%).

Morgan Stanley quarterly earnings per share for the current quarter are estimated at $1.7 with sales reaching $14.38B over the same period.The EPS is expected to grow by 23.83% this year, but quarterly earnings will post 4.70% year-over-year. Quarterly sales are estimated to grow 3.30% in year-over-year returns.

Morgan Stanley (MS) Top Institutional Holders

2,236 institutions hold shares in Morgan Stanley (MS), with institutional investors hold 81.83% of the company’s shares. The shares outstanding are 1.63B, and float is at 1.26B with Short Float at 1.34%. Institutions hold 62.83% of the Float.

The top institutional shareholder in the company is Mitsubishi UFJ Financial Group Inc with over 377.09 million shares valued at $32.2 billion. The investor’s holdings represent 22.76% of the MS Shares outstanding. As of Jun 29, 2023, the second largest holder is State Street Corporation with 114.52 million shares valued at $9.78 billion to account for 6.91% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 110.85 million shares representing 6.69% and valued at over $9.47 billion, while Blackrock Inc. holds 5.47% of the shares totaling 90.64 million with a market value of $7.74 billion.

Morgan Stanley (MS) Insider Activity

A total of 4 insider transactions have happened at Morgan Stanley (MS) in the last six months, with sales accounting for 1 and purchases happening 3 times. The most recent transaction is an insider sale by GROSSMAN ERIC F ,the company’sChief Legal/Admin Officer. SEC filings show that GROSSMAN ERIC F sold 26,562 shares of the company’s common stock on Jan 31 at a price of $88.55 per share for a total of $2.35 million. Following the sale, the insider now owns 0.23 million shares.

Morgan Stanley disclosed in a document filed with the SEC on Jan 30 that GROSSMAN ERIC F (Chief Legal/Admin Officer) sold a total of 26,563 shares of the company’s common stock. The trade occurred on Jan 30 and was made at $87.81 per share for $2.33 million. Following the transaction, the insider now directly holds 0.26 million shares of the MS stock.

Still, SEC filings show that on Jan 30, SAPERSTEIN ANDREW M (Co-President) disposed off 10,000 shares at an average price of $87.92 for $0.88 million. The insider now directly holds 313,490 shares of Morgan Stanley (MS).

Morgan Stanley (MS): Who are the competitors?

The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading 22.75% up over the past 12 months. Wells Fargo & Co. (WFC) that is -0.15% lower over the same period.