Moody’s Corp. (NYSE: MCO) is 4.95% higher on its value in year-to-date trading and has touched a low of $298.86 and a high of $407.62 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 MCO stock was last observed hovering at around $402.10 in the last trading session, with the day’s gains setting it 7.8%.
Currently trading at $409.90, the stock is 6.85% and 6.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 1.94% at the moment leaves the stock 13.11% off its SMA200. MCO registered 31.77% gain for a year compared to 6-month gain of 19.33%.
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The stock witnessed a 10.57% loss in the last 1 month and extending the period to 3 months gives it a 11.85%, and is 3.53% up 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 1.80% over the week and 1.83% over the month.
Moody’s Corp. (MCO) has around 15151 employees, a market worth around $74.85B and $6.23B in sales. Current P/E ratio is 44.75 and Fwd P/E is 33.09. Profit margin for the company is 27.01%. Distance from 52-week low is 37.15% and 0.56% from its 52-week high. The company has generated returns on investments over the last 12 months (16.64%).
The EPS is expected to grow by 9.11% this year
The shares outstanding are 182.47M, and float is at 182.21M with Short Float at 0.70%.
Moody’s Corp. (MCO) Insider Activity
The most recent transaction is an insider sale by Steele Richard G, the company’s SVP – General Counsel. SEC filings show that Steele Richard G sold 304 shares of the company’s common stock on Mar 04 ’24 at a price of $382.34 per share for a total of $0.12 million. Following the sale, the insider now owns 1615.0 shares.
Moody’s Corp. disclosed in a document filed with the SEC on Jan 16 ’24 that Fauber Robert (President and CEO) sold a total of 2,547 shares of the company’s common stock. The trade occurred on Jan 16 ’24 and was made at $376.50 per share for $0.96 million. Following the transaction, the insider now directly holds 54099.0 shares of the MCO stock.
Still, SEC filings show that on Dec 29 ’23, Fauber Robert (President and CEO) disposed off 2,546 shares at an average price of $390.63 for $0.99 million. The insider now directly holds 55,099 shares of Moody’s Corp. (MCO).
