Marsh & McLennan Cos., Inc. (NYSE: MMC) is 4.76% higher on its value in year-to-date trading and has touched a low of $171.47 and a high of $209.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MMC stock was last observed hovering at around $197.95 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $198.48, the stock is -1.32% and -2.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 0.27% at the moment leaves the stock 1.45% off its SMA200. MMC registered 10.60% gain for a year compared to 6-month gain of 6.07%.
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The stock witnessed a -3.64% loss in the last 1 month and extending the period to 3 months gives it a 3.92%, and is -1.46% 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 1.19% over the week and 1.44% over the month.
Marsh & McLennan Cos., Inc. (MMC) has around 85000 employees, a market worth around $97.80B and $23.29B in sales. Current P/E ratio is 25.21 and Fwd P/E is 20.85. Profit margin for the company is 16.84%. Distance from 52-week low is 15.75% and -5.12% from its 52-week high. The company has generated returns on investments over the last 12 months (14.90%).
Marsh & McLennan Cos., Inc. quarterly earnings per share for the current quarter are estimated at $2.4 with sales reaching $6.3B over the same period.The EPS is expected to grow by 9.39% this year, but quarterly earnings will post 7.30% year-over-year. Quarterly sales are estimated to grow 7.30% in year-over-year returns.
Marsh & McLennan Cos., Inc. (MMC) Top Institutional Holders
The shares outstanding are 492.72M, and float is at 492.25M with Short Float at 0.74%.
Marsh & McLennan Cos., Inc. (MMC) Insider Activity
The most recent transaction is an insider sale by Mills Stacy,the company’sVice President and Controller. SEC filings show that Mills Stacy sold 1,461 shares of the company’s common stock on Mar 14 ’24 at a price of $209.16 per share for a total of $0.31 million. Following the sale, the insider now owns 2923.0 shares.
Marsh & McLennan Cos., Inc. disclosed in a document filed with the SEC on Mar 08 ’24 that Klisura Dean Michael (President & CEO, Guy Carpenter) sold a total of 9,994 shares of the company’s common stock. The trade occurred on Mar 08 ’24 and was made at $205.00 per share for $2.05 million. Following the transaction, the insider now directly holds 20935.0 shares of the MMC stock.
Still, SEC filings show that on Mar 07 ’24, Jones John Jude (Chief Marketing Officer) disposed off 1,505 shares at an average price of $203.67 for $0.31 million. The insider now directly holds 7,978 shares of Marsh & McLennan Cos., Inc. (MMC).
