In the latest session, Marsh & McLennan Cos., Inc. (NYSE: MMC) closed at $205.43 down -0.49% from its previous closing price of $206.45. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 2338536 shares were traded.
Ratios:
For a deeper understanding of Marsh & McLennan Cos., Inc.’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 30.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.29. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.11.
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, TD Cowen on January 10, 2024, initiated with a Market Perform rating and assigned the stock a target price of $189.
On January 08, 2024, Goldman Downgraded its rating to Sell which previously was Buy but kept the price unchanged to $185.
Keefe Bruyette Downgraded its Mkt Perform to Underperform on December 15, 2023, whereas the target price for the stock was revised from $198 to $192.
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 14 ’24 when Mills Stacy sold 1,461 shares for $209.16 per share. The transaction valued at 305,583 led to the insider holds 2,923 shares of the business.
Klisura Dean Michael sold 9,994 shares of MMC for $2,048,770 on Mar 08 ’24. The President & CEO, Guy Carpenter now owns 20,935 shares after completing the transaction at $205.00 per share. On Mar 07 ’24, another insider, Jones John Jude, who serves as the Chief Marketing Officer of the company, sold 1,505 shares for $203.67 each. As a result, the insider received 306,523 and left with 7,978 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, MMC now has a Market Capitalization of 101.00B and an Enterprise Value of 113.08B. As of this moment, Marsh’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.30, and their Forward P/E ratio for the next fiscal year is 21.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.44 while its Price-to-Book (P/B) ratio in mrq is 8.29. Its current Enterprise Value per Revenue stands at 4.97 whereas that against EBITDA is 17.90.
Stock Price History:
Over the past 52 weeks, MMC has reached a high of $209.20, while it has fallen to a 52-week low of $156.78. The 50-Day Moving Average of the stock is 199.77, while the 200-Day Moving Average is calculated to be 193.18.
Shares Statistics:
For the past three months, MMC has traded an average of 1.65M shares per day and 1.52M over the past ten days. A total of 492.01M shares are outstanding, with a floating share count of 491.00M. Insiders hold about 0.13% of the company’s shares, while institutions hold 91.73% stake in the company. Shares short for MMC as of Feb 29, 2024 were 3.84M with a Short Ratio of 2.32, compared to 3.13M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.78% and a Short% of Float of 0.78%.
Dividends & Splits
According to the company, the forward annual dividend rate for MMC is 2.72, from 2.72 in the trailing year. Against a Trailing Annual Dividend Yield of 1.32%, it implies a Forward Annual Dividend Yield of 1.38%. The stock’s 5-year Average Dividend Yield is 1.47. The current Payout Ratio is 36.14% for MMC, which recently paid a dividend on May 15, 2024 with an ex-dividend date of Apr 03, 2024. Stock splits for the company last occurred on Jul 01, 2002 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 18 different market analysts currently analyzing its stock. On average, analysts expect EPS of $2.8 for the current quarter, with a high estimate of $2.88 and a low estimate of $2.67, while EPS last year was $2.53. The consensus estimate for the next quarter is $2.41, with high estimates of $2.46 and low estimates of $2.34.
Analysts are recommending an EPS of between $8.82 and $8.39 for the fiscal current year, implying an average EPS of $8.62. EPS for the following year is $9.44, with 20 analysts recommending between $9.8 and $9.01.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $6.39B this quarter.It ranges from a high estimate of $6.48B to a low estimate of $6.3B. As of the current estimate, Marsh & McLennan Cos., Inc.’s year-ago sales were $5.92B, an estimated increase of 7.90% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $6.29B, an increase of 7.10% less than the figure of $7.90% in the same quarter last year. There is a high estimate of $6.38B for the next quarter, whereas the lowest estimate is $6.24B.
A total of 15 analysts have provided revenue estimates for MMC’s current fiscal year. The highest revenue estimate was $24.63B, while the lowest revenue estimate was $24.06B, resulting in an average revenue estimate of $24.28B. In the same quarter a year ago, actual revenue was $22.74B, up 6.80% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $25.68B in the next fiscal year. The high estimate is $26.31B and the low estimate is $25.1B. The average revenue growth estimate for next year is up 5.70% from the average revenue estimate for this year.
