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Wednesday, December 6, 2023

Is Moody’s Corp. (NYSE: MCO) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Moody’s Corp. (MCO) shows that investor sentiment remained same, with the stock’s consolidated last price to $326.83. The Moody’s Corp. has recorded 85,473 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Moody’s Corporation Reports Results for Third Quarter 2023.

Stocks Info

This NYSE-listed company operates within the Financial Data & Stock Exchanges industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $326.83 and fluctuated between $327.37 as its day high and $317.54 as its day low. The current market capitalization of Moody’s Corp. is $59.81B. A total of 1.32 million shares were traded on the day, compared to an average of 631.32K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, MCO has seen 23 BUY and 19 SELL insider trades, representing the acquisition of 17,712 and the disposition of 25,642 shares. Over the last 12 months, there were 84 BUYs and 61 SELLs from insiders. Insiders purchased 147,826 shares during that period but sold 175,347.

In the most recent transaction, Fauber Robert sold 2,546 shares of MCO for 306.21 per share on Oct 31. After the transaction, the President and CEO now owns 59,838 company shares. In a previous transaction on Oct 13, Fauber Robert sold 2,546 shares at 320.28 per share. MCO shares that President and CEO owns now total 60,838.

Among the insiders who sold shares, Fauber Robert disposed of 2,546 shares on Sep 29 at a per-share price of $320.93. This resulted in the President and CEO holding 61,838 shares of MCO after the transaction. In another insider transaction, Fauber Robert sold 2,546 shares at $343.99 per share on Sep 15. Company shares held by the President and CEO now total 62,838.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Moody’s Corp. pays an annual dividend of $2.76, resulting in a dividend yield of 0.84%, and it has a price to earnings (P/E) ratio of 39.76. MCO’s most recent ex-dividend date was 11/22/2023 when it declared a $0.77 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/8/2023 with an ex-dividend date of 8/17/2023. The MCO stock dividend was $0.77 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for MCO in the last 3 months, the mean price target is $356.56 with high estimates of $411.00 and low estimates of $310.00. In terms of 52-week highs and lows, MCO has a high of $363.19 and a low of $251.98.

As of this writing, MCO has an earnings estimate of $2.31 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.54 per share and a lower estimate of $2.04. The company reported an EPS of $2.99 in the last quarter, which was 35.90% higher than expectations of $2.2.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MCO’s latest balance sheet shows that the firm has $1.90B in Cash & Short Term Investments as of fiscal 2021. There were $560.00M in debt and $2.50B in liabilities at the time. Its Book Value Per Share was $17.44, while its Total Shareholder’s Equity was $2.92B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCO is Buy with a score of 3.94.

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