What Are The Chances Of Moody’s Corp. (NYSE: MCO) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Moody’s Corporation to Present at a Fireside Chat Hosted by Bank of America on March 7, 2024.

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Stocks Info

As a NYSE listed company, MCO falls under the Financial sector while operating within the Financial Data & Stock Exchanges industry segment. The current market capitalization of Moody’s Corp. is $71.00B. A total of 0.79 million shares were traded on the day, compared to an average of 757.48K shares.

In the most recent transaction, Steele Richard G sold 304 shares of MCO for 382.34 per share on Mar 04 ’24. After the transaction, the SVP – General Counsel now owns 1,615 company shares. In a previous transaction on Jan 16 ’24, Fauber Robert sold 2,547 shares at 376.50 per share. MCO shares that President and CEO owns now total 54,099.

Among the insiders who sold shares, Fauber Robert disposed of 2,546 shares on Dec 29 ’23 at a per-share price of $390.63. This resulted in the President and CEO holding 55,099 shares of MCO after the transaction. In another insider transaction, Fauber Robert sold 2,546 shares at $391.62 per share on Dec 15 ’23. Company shares held by the President and CEO now total 56,099.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Moody’s Corp. pays an annual dividend of $3.16, resulting in a dividend yield of 0.81%, and it has a price to earnings (P/E) ratio of 44.54. MCO’s most recent ex-dividend date was 2/22/2024 when it declared a $0.85 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/22/2023. The MCO stock dividend was $0.77 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, MCO has a high of $407.62 and a low of $278.23.

As of this writing, MCO has an earnings estimate of $2.83 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $3.28 per share and a lower estimate of $2.48. The company reported an EPS of $2.43 in the last quarter, which was 5.70% higher than expectations of $2.3.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MCO’s latest balance sheet shows that the firm has $1.90B in Cash & Short Term Investments as of fiscal 2021. There were $7.97B in debt and $2.50B in liabilities at the time. Its Book Value Per Share was $18.18, 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 4.12.

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