Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Moelis & Co (NYSE: MC) closed at $50.26 down -6.91% from its previous closing price of $53.99. In other words, the price has decreased by -$6.91 from its previous closing price. On the day, 1.76 million shares were traded. MC stock price reached its highest trading level at $51.38 during the session, while it also had its lowest trading level at $46.24.
Ratios:
For a deeper understanding of Moelis & Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.63. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.55.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3599917824. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.79 while its Price-to-Book (P/B) ratio in mrq is 9.52.
Stock Price History:
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 -7.30%, while the 200-Day Moving Average is calculated to be 0.49%.
Shares Statistics:
For the past three months, MC has traded an average of 655.77K shares per day and 706490 over the past ten days. A total of 66.68M shares are outstanding, with a floating share count of 66.31M. Insiders hold about 0.55% of the company’s shares, while institutions hold 108.34% stake in the company. Shares short for MC as of 1713139200 were 5734097 with a Short Ratio of 8.74, 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
According to the company, the forward annual dividend rate for MC is 2.40, from 1.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.033339504The stock’s 5-year Average Dividend Yield is 4.93.
