The price of Moelis & Co (NYSE: MC) closed at $52.05 in the last session, down -0.55% from day before closing price of $52.34. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 506741 shares were traded. MC stock price reached its highest trading level at $52.97 during the session, while it also had its lowest trading level at $51.72.
Ratios:
We take a closer look at MC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.48. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.55.
On January 11, 2023, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $40 to $37.
Keefe Bruyette Downgraded its Mkt Perform to Underperform on November 03, 2022, whereas the target price for the stock was revised from $40 to $37.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3.47B and an Enterprise Value of 3.50B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.06 while its Price-to-Book (P/B) ratio in mrq is 9.86. Its current Enterprise Value per Revenue stands at 4.09 whereas that against EBITDA is -109.25.
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 54.92, while the 200-Day Moving Average is calculated to be 47.90.
Shares Statistics:
According to the various share statistics, MC traded on average about 676.97K shares per day over the past 3-months and 804.34k shares per day over the past 10 days. A total of 66.68M shares are outstanding, with a floating share count of 66.11M. Insiders hold about 0.84% of the company’s shares, while institutions hold 109.11% stake in the company. Shares short for MC as of Feb 15, 2024 were 6.42M with a Short Ratio of 9.49, compared to 6.61M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.63% and a Short% of Float of 10.80%.
Dividends & Splits
The forward annual dividend rate for MC is 2.40, which was 2.40 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 4.59%, it implies a Forward Annual Dividend Yield of 4.61%. The stock’s 5-year Average Dividend Yield is 4.93. The current Payout Ratio is 112.25% for MC, which recently paid a dividend on Mar 28, 2024 with an ex-dividend date of Feb 16, 2024. Stock splits for the company last occurred on Jun 20, 2017 when the company split stock in a 1:1 ratio.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.24 and a low estimate of -$0.09, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.22, with high estimates of $0.46 and low estimates of $0.03.
Analysts are recommending an EPS of between $1.5 and $1 for the fiscal current year, implying an average EPS of $1.2. EPS for the following year is $2.71, with 8 analysts recommending between $3.36 and $2.05.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $210.12M. It ranges from a high estimate of $222.36M to a low estimate of $190M. As of the current estimate, Moelis & Co’s year-ago sales were $185.3M, an estimated increase of 13.40% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $242.37M, an increase of 30.60% over than the figure of $13.40% in the same quarter last year. There is a high estimate of $255.14M for the next quarter, whereas the lowest estimate is $225M.
A total of 7 analysts have provided revenue estimates for MC’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.01B, resulting in an average revenue estimate of $1.1B. In the same quarter a year ago, actual revenue was $860.09M, up 28.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.33B in the next fiscal year. The high estimate is $1.56B and the low estimate is $1.24B. The average revenue growth estimate for next year is up 21.10% from the average revenue estimate for this year.
