Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Moelis & Co (NYSE: MC) closed the day trading at $50.05 up 0.60% from the previous closing price of $49.75. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.55 million shares were traded. MC stock price reached its highest trading level at $50.74 during the session, while it also had its lowest trading level at $49.755.
Ratios:
For a better understanding of MC, 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 34.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.24. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.53.
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 the company, Goldman on March 13, 2024, Upgraded its rating to Neutral and sets its target price to $58 from $53 previously.
Goldman Downgraded its Neutral to Sell on January 11, 2023, whereas the target price for the stock was revised from $40 to $37.
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 01 ’24 when MAHMOODZADEGAN NAVID sold 19,483 shares for $53.88 per share. The transaction valued at 1,049,744 led to the insider holds 44,980 shares of the business.
MOELIS KENNETH sold 4,000 shares of MC for $216,320 on Mar 01 ’24. The Chairman, CEO now owns 82,441 shares after completing the transaction at $54.08 per share. On Feb 29 ’24, another insider, MOELIS KENNETH, who serves as the Chairman, CEO of the company, sold 75,000 shares for $54.11 each. As a result, the insider received 4,058,250 and left with 86,441 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 3521252864 and an Enterprise Value of 3658856448. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 9.66. Its current Enterprise Value per Revenue stands at 4.137.
Stock Price History:
The Beta on a monthly basis for MC is 1.39, which has changed by 0.36376023 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, MC has reached a high of $58.67, while it has fallen to a 52-week low of $33.87. The 50-Day Moving Average of the stock is -7.42%, while the 200-Day Moving Average is calculated to be 0.03%.
Shares Statistics:
Over the past 3-months, MC traded about 683.74K shares per day on average, while over the past 10 days, MC traded about 706670 shares per day. A total of 70.35M shares are outstanding, with a floating share count of 69.97M. Insiders hold about 0.55% of the company’s shares, while institutions hold 102.75% stake in the company. Shares short for MC as of 1713139200 were 5734097 with a Short Ratio of 8.39, compared to 1710460800 on 6058239. Therefore, it implies a Short% of Shares Outstanding of 5734097 and a Short% of Float of 9.64.
Dividends & Splits
MC’s forward annual dividend rate is 2.40, up from 2.4 a year ago. Against a Trailing Annual Dividend Yield of 0.04824121The stock’s 5-year Average Dividend Yield is 4.93.
Earnings Estimates
The current assessment of Moelis & Co (MC) involves the perspectives of 8.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.03, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.32, with high estimates of $0.44 and low estimates of $0.2.
Analysts are recommending an EPS of between $1.47 and $0.8 for the fiscal current year, implying an average EPS of $1.12. EPS for the following year is $2.51, with 8.0 analysts recommending between $3.08 and $1.75.
Revenue Estimates
6 analysts predict $231.96M in revenue for the current quarter. It ranges from a high estimate of $256M to a low estimate of $220M. As of the current estimate, Moelis & Co’s year-ago sales were $185.56MFor the next quarter, 6 analysts are estimating revenue of $281.07M. There is a high estimate of $305.43M for the next quarter, whereas the lowest estimate is $250.1M.
A total of 7 analysts have provided revenue estimates for MC’s current fiscal year. The highest revenue estimate was $1.18B, while the lowest revenue estimate was $1.04B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $860.09MBased on 7 analysts’ estimates, the company’s revenue will be $1.3B in the next fiscal year. The high estimate is $1.55B and the low estimate is $978M.
