Closing Figures Unveiled: Marsh & McLennan Cos., Inc. (MMC) Gain 0.35, Closes at 205.55

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Marsh & McLennan Cos., Inc. (NYSE: MMC) closed the day trading at $205.55 up 0.35% from the previous closing price of $204.84. In other words, the price has increased by $0.35 from its previous closing price. On the day, 0.92 million shares were traded. MMC stock price reached its highest trading level at $206.44 during the session, while it also had its lowest trading level at $204.59.

Ratios:

For a better understanding of MMC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 69.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.12. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.12.

On April 11, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $212.

On January 10, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $189.TD Cowen initiated its Market Perform rating on January 10, 2024, with a $189 target price.

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 Mar 14 ’24 when Mills Stacy sold 1,461 shares for $209.16 per share. The transaction valued at 305,583 led to the insider holds 2,923 shares of the business.

Klisura Dean Michael sold 9,994 shares of MMC for $2,048,770 on Mar 08 ’24. The President & CEO, Guy Carpenter now owns 20,935 shares after completing the transaction at $205.00 per share. On Mar 07 ’24, another insider, Jones John Jude, who serves as the Chief Marketing Officer of the company, sold 1,505 shares for $203.67 each. As a result, the insider received 306,523 and left with 7,978 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, MMC now has a Market Capitalization of 101279416320 and an Enterprise Value of 115406422016. As of this moment, Marsh’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.11, and their Forward P/E ratio for the next fiscal year is 21.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.35 while its Price-to-Book (P/B) ratio in mrq is 8.15. Its current Enterprise Value per Revenue stands at 4.956 whereas that against EBITDA is 16.808.

Stock Price History:

The Beta on a monthly basis for MMC is 0.93, which has changed by 0.13194561 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, MMC has reached a high of $209.20, while it has fallen to a 52-week low of $171.47. The 50-Day Moving Average of the stock is 1.39%, while the 200-Day Moving Average is calculated to be 4.78%.

Shares Statistics:

Over the past 3-months, MMC traded about 1.61M shares per day on average, while over the past 10 days, MMC traded about 1357670 shares per day. A total of 492.72M shares are outstanding, with a floating share count of 492.25M. Insiders hold about 0.10% of the company’s shares, while institutions hold 91.66% stake in the company. Shares short for MMC as of 1714435200 were 3980235 with a Short Ratio of 2.48, compared to 1711584000 on 3701129. Therefore, it implies a Short% of Shares Outstanding of 3980235 and a Short% of Float of 0.98.

Dividends & Splits

MMC’s forward annual dividend rate is 2.84, up from 2.84 a year ago. Against a Trailing Annual Dividend Yield of 0.013864479The stock’s 5-year Average Dividend Yield is 1.46. The current Payout Ratio is 36.14% for MMC, which recently paid a dividend on 2024-04-03 with an ex-dividend date of 1712102400. Stock splits for the company last occurred on 2002-07-01 when the company split stock in a 2:1 ratio.

Earnings Estimates

Marsh & McLennan Cos., Inc. (MMC) is currently under the scrutiny of 19.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $2.4 for the current quarter, with a high estimate of $2.46 and a low estimate of $2.35, while EPS last year was $2.2. The consensus estimate for the next quarter is $1.61, with high estimates of $1.7 and low estimates of $1.54.

Analysts are recommending an EPS of between $8.95 and $8.4 for the fiscal current year, implying an average EPS of $8.73. EPS for the following year is $9.48, with 19.0 analysts recommending between $9.82 and $8.83.

Revenue Estimates

10 analysts predict $6.3B in revenue for the current quarter. It ranges from a high estimate of $6.41B to a low estimate of $6.24B. As of the current estimate, Marsh & McLennan Cos., Inc.’s year-ago sales were $5.88BFor the next quarter, 10 analysts are estimating revenue of $5.73B. There is a high estimate of $5.79B for the next quarter, whereas the lowest estimate is $5.65B.

A total of 14 analysts have provided revenue estimates for MMC’s current fiscal year. The highest revenue estimate was $24.64B, while the lowest revenue estimate was $24.18B, resulting in an average revenue estimate of $24.4B. In the same quarter a year ago, actual revenue was $22.74BBased on 14 analysts’ estimates, the company’s revenue will be $25.83B in the next fiscal year. The high estimate is $26.31B and the low estimate is $25.37B.

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