Market Recap: Morgan Stanley (MS)’s Positive Momentum, Closing at 103.46

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The closing price of Morgan Stanley (NYSE: MS) was $103.46 for the day, up 0.83% from the previous closing price of $102.61. In other words, the price has increased by $0.83 from its previous closing price. On the day, 5.6 million shares were traded. MS stock price reached its highest trading level at $103.51 during the session, while it also had its lowest trading level at $102.06.

Ratios:

Our analysis of MS’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 3.88 whereas as Long-Term Debt/Eq ratio is at 2.75.

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, Keefe Bruyette on January 17, 2024, Downgraded its rating to Mkt Perform and sets its target price to $91 from $102 previously.

On January 17, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $94 to $87.

HSBC Securities Downgraded its Buy to Hold on January 09, 2024, while the target price for the stock was maintained at $96.

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 May 14 ’24 when CRAWLEY MANDELL sold 6,954 shares for $99.61 per share. The transaction valued at 692,663 led to the insider holds 46,274 shares of the business.

GORMAN JAMES P sold 100,000 shares of MS for $9,020,530 on Apr 18 ’24. The Executive Chairman now owns 414,870 shares after completing the transaction at $90.21 per share. On Apr 17 ’24, another insider, Smith Charles Aubrey III, who serves as the Chief Risk Officer of the company, sold 11,200 shares for $90.09 each. As a result, the insider received 1,009,019 and left with 126,190 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, MS now has a Market Capitalization of 168139046912 and an Enterprise Value of -132382670848. As of this moment, Morgan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.85, and their Forward P/E ratio for the next fiscal year is 13.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at -2.43.

Stock Price History:

The Beta on a monthly basis for MS is 1.37, which has changed by 0.20009279 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, MS has reached a high of $103.25, while it has fallen to a 52-week low of $69.42. The 50-Day Moving Average of the stock is 6.36%, while the 200-Day Moving Average is calculated to be 17.64%.

Shares Statistics:

MS traded an average of 6.41M shares per day over the past three months and 5736170 shares per day over the past ten days. A total of 1.63B shares are outstanding, with a floating share count of 1.24B. Insiders hold about 23.49% of the company’s shares, while institutions hold 61.32% stake in the company. Shares short for MS as of 1718323200 were 12245675 with a Short Ratio of 1.91, compared to 1715731200 on 15603686. Therefore, it implies a Short% of Shares Outstanding of 12245675 and a Short% of Float of 0.98.

Dividends & Splits

With its trailing 12-month dividend rate of 3.4, MS has a forward annual dividend rate of 3.40. Against a Trailing Annual Dividend Yield of 0.033135172The stock’s 5-year Average Dividend Yield is 2.97. The current Payout Ratio is 62.71% for MS, which recently paid a dividend on 2024-04-29 with an ex-dividend date of 1714348800. Stock splits for the company last occurred on 2000-01-27 when the company split stock in a 2:1 ratio.

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