Closing Figures: Moelis & Co (MC)’s Positive Finish at 74.64, Up 1.72

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After finishing at $73.38 in the prior trading day, Moelis & Co (NYSE: MC) closed at $74.64, up 1.72%. In other words, the price has increased by $1.72 from its previous closing price. On the day, 0.52 million shares were traded. MC stock price reached its highest trading level at $75.44 during the session, while it also had its lowest trading level at $73.27.

Ratios:

Our goal is to gain a better understanding of MC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.14. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.56.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on September 12, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $70.

On March 13, 2024, Goldman Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $53 to $58.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Callesano Christopher sold 885 shares for $80.00 per share. The transaction valued at 70,800 led to the insider holds 0 shares of the business.

Shropshire Kenneth sold 495 shares of MC for $34,299 on Jul 31 ’24. The Director now owns 9,372 shares after completing the transaction at $69.29 per share. On Jul 30 ’24, another insider, Pilcher Ciafone Katherine, who serves as the Chief Operating Officer of the company, sold 3,666 shares for $68.88 each. As a result, the insider received 252,514 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MC now has a Market Capitalization of 5268763136 and an Enterprise Value of 5273484288. As of this moment, Moelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 140.38, and their Forward P/E ratio for the next fiscal year is 31.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.90 while its Price-to-Book (P/B) ratio in mrq is 14.33. Its current Enterprise Value per Revenue stands at 5.433.

Stock Price History:

Over the past 52 weeks, MC has reached a high of $81.60, while it has fallen to a 52-week low of $44.06. The 50-Day Moving Average of the stock is 6.16%, while the 200-Day Moving Average is calculated to be 23.12%.

Shares Statistics:

The stock has traded on average 693.59K shares per day over the past 3-months and 752000 shares per day over the last 10 days, according to various share statistics. A total of 70.59M shares are outstanding, with a floating share count of 70.35M. Insiders hold about 0.34% of the company’s shares, while institutions hold 101.62% stake in the company. Shares short for MC as of 1730332800 were 2449055 with a Short Ratio of 3.53, compared to 1727654400 on 3993610. Therefore, it implies a Short% of Shares Outstanding of 2449055 and a Short% of Float of 5.17.

Dividends & Splits

In the trailing 12 months, MC’s forward annual dividend rate was 2.4, compared to 2.40 this year. Against a Trailing Annual Dividend Yield of 0.03270646The stock’s 5-year Average Dividend Yield is 4.74.

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