Post-Trade Analysis: Moelis & Co (MC) Slides -3.05, Closing at 68.24

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After finishing at $70.39 in the prior trading day, Moelis & Co (NYSE: MC) closed at $68.24, down -3.05%. In other words, the price has decreased by -$3.05 from its previous closing price. On the day, 0.65 million shares were traded. MC stock price reached its highest trading level at $70.17 during the session, while it also had its lowest trading level at $68.1.

Ratios:

Our goal is to gain a better understanding of MC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.41. In the meantime, Its Debt-to-Equity ratio is 0.59 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 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:

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 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 4953001984 and an Enterprise Value of 4887413248. As of this moment, Moelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 437.44, and their Forward P/E ratio for the next fiscal year is 29.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.95 while its Price-to-Book (P/B) ratio in mrq is 13.43. Its current Enterprise Value per Revenue stands at 5.043.

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 $38.58. The 50-Day Moving Average of the stock is 1.29%, while the 200-Day Moving Average is calculated to be 16.02%.

Shares Statistics:

The stock has traded on average 672.65K shares per day over the past 3-months and 512240 shares per day over the last 10 days, according to various share statistics. 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 103.45% stake in the company. Shares short for MC as of 1727654400 were 3993610 with a Short Ratio of 5.94, compared to 1724976000 on 4455885. Therefore, it implies a Short% of Shares Outstanding of 3993610 and a Short% of Float of 8.469999999999999.

Dividends & Splits

In the trailing 12 months, MC’s forward annual dividend rate was 2.4, compared to 2.40 this year. Against a Trailing Annual Dividend Yield of 0.034095753The stock’s 5-year Average Dividend Yield is 4.77.

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