Moody’s Corp (NYSE: MCO) is 0.52% higher on its value in year-to-date trading and has touched a low of $360.05 and a high of $503.95 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 $479.00 in the last trading session, with the day’s loss setting it -3.15%.
Currently trading at $475.85, the stock is 1.05% and -0.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing -0.66% at the moment leaves the stock 6.16% off its SMA200. MCO registered 24.80% gain for a year compared to 6-month gain of 6.02%. The firm has a 50-day simple moving average (SMA 50) of $479.0964 and a 200-day simple moving average (SMA200) of $448.2298.
The stock witnessed a -2.73% loss in the last 1 month and extending the period to 3 months gives it a -2.90%, and is 5.09% 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 1.69% over the week and 1.97% over the month.
Moody’s Corp (MCO) has around 15151 employees, a market worth around $86.22B and $6.90B in sales. Current P/E ratio is 43.49 and Fwd P/E is 35.26. Profit margin for the company is 29.05%. Distance from 52-week low is 32.16% and -5.58% from its 52-week high. The company has generated returns on investments over the last 12 months (18.17%).
The EPS is expected to grow by 24.64% this year.
Moody’s Corp (MCO) Top Institutional Holders
1725.0 institutions hold shares in Moody’s Corp (MCO), with institutional investors hold 90.69% of the company’s shares. The shares outstanding are 181.23M, and float is at 181.02M with Short Float at 0.86%. Institutions hold 78.23% of the Float.
The top institutional shareholder in the company is BERKSHIRE HATHAWAY INC with over 24.67 million shares valued at $10.38 billion. The investor’s holdings represent 13.5103% of the MCO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.56 million shares valued at $6.13 billion to account for 7.9753 of the shares outstanding. The other top investors are TCI FUND MANAGEMENT LTD which holds 13.25 million shares representing 7.2545% and valued at over $5.58 billion, while BLACKROCK INC. holds 7.2219 of the shares totaling 13.19 million with a market value of $5.55 billion.
Moody’s Corp (MCO) Insider Activity
The most recent transaction is an insider sale by Fauber Robert, the company’s President and CEO. SEC filings show that Fauber Robert sold 281 shares of the company’s common stock on Jan 15 ’25 at a price of $473.62 per share for a total of $0.13 million. Following the sale, the insider now owns 61894.0 shares.
Still, SEC filings show that on Jan 02 ’25, Fauber Robert (President and CEO) disposed off 281 shares at an average price of $474.86 for $0.13 million. The insider now directly holds 61,894 shares of Moody’s Corp (MCO).
