Investor’s Delight: Moelis & Co (MC) Closes Strong at 67.04, Up 1.75

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The closing price of Moelis & Co (NYSE: MC) was $67.04 for the day, up 1.75% from the previous closing price of $65.89. In other words, the price has increased by $1.75 from its previous closing price. On the day, 0.58 million shares were traded. MC stock price reached its highest trading level at $67.385 during the session, while it also had its lowest trading level at $65.22.

Ratios:

Our analysis of MC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.01. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 31 ’24 when Shropshire Kenneth sold 495 shares for $69.29 per share. The transaction valued at 34,299 led to the insider holds 9,372 shares of the business.

Pilcher Ciafone Katherine sold 3,666 shares of MC for $252,514 on Jul 30 ’24. The Chief Operating Officer now owns 0 shares after completing the transaction at $68.88 per share. On Jul 30 ’24, another insider, MOELIS KENNETH, who serves as the Chairman, CEO of the company, sold 93,506 shares for $68.87 each. As a result, the insider received 6,439,758 and left with 6,494 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 4801720320 and an Enterprise Value of 4825949696. As of this moment, Moelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 126.09, and their Forward P/E ratio for the next fiscal year is 28.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.86 while its Price-to-Book (P/B) ratio in mrq is 12.87. Its current Enterprise Value per Revenue stands at 4.972.

Stock Price History:

Over the past 52 weeks, MC has reached a high of $72.80, while it has fallen to a 52-week low of $39.08. The 50-Day Moving Average of the stock is -0.74%, while the 200-Day Moving Average is calculated to be 13.60%.

Shares Statistics:

MC traded an average of 665.69K shares per day over the past three months and 631680 shares per day over the past ten days. A total of 70.36M shares are outstanding, with a floating share count of 70.12M. Insiders hold about 0.34% of the company’s shares, while institutions hold 104.47% stake in the company. Shares short for MC as of 1728950400 were 3474020 with a Short Ratio of 5.22, compared to 1726185600 on 4504197. Therefore, it implies a Short% of Shares Outstanding of 3474020 and a Short% of Float of 7.33.

Dividends & Splits

With its trailing 12-month dividend rate of 2.4, MC has a forward annual dividend rate of 2.40. Against a Trailing Annual Dividend Yield of 0.036424346The stock’s 5-year Average Dividend Yield is 4.77.

Earnings Estimates

The stock of Moelis & Co (MC) is currently being evaluated by 9.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.45, with high estimates of $0.64 and low estimates of $0.22.

Analysts are recommending an EPS of between $1.14 and $0.91 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $2.36, with 9.0 analysts recommending between $2.8 and $1.8.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $359.33M to a low estimate of $315M. As of the current estimate, Moelis & Co’s year-ago sales were $214.88MFor the next quarter, 7 analysts are estimating revenue of $291.08M. There is a high estimate of $315.35M for the next quarter, whereas the lowest estimate is $256.3M.

A total of 8 analysts have provided revenue estimates for MC’s current fiscal year. The highest revenue estimate was $1.12B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.09B. In the same quarter a year ago, actual revenue was $860.09MBased on 8 analysts’ estimates, the company’s revenue will be $1.38B in the next fiscal year. The high estimate is $1.54B and the low estimate is $1.28B.

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