The Marsh & McLennan Companies, Inc. (NYSE:MMC) is going down by -0.84% in today’s trading session, a fall equivalent to -0.86% of the stock’s price from yesterday’s market close. A news came out on 09/19/19 stating that Employers expect health benefit costs to rise 3.9% in 2020, Mercer annual survey finds by WSJ. The lowest point that the shares touched during the trading session was $101.57, while the peak of the day was recorded at a share price of $102.67. MMC finished the previous session at $102.24 according to the data provided by Barchart, while the trading volume was observed to be $1,144,132.
In the 100 days of trading, MMC managed to top a 98.48% Moving average. Additionally, Marsh & McLennan Companies, Inc. shares have achieved a 52-week range between 74.30 and 103.36 alongside 100 days raw stochastic set at 77.11%.
The number of shares outstanding, according to the fundamentals of the company, is set at 505.50M, equal to the value of $51.68B in market capitalization. In the last 30 days, Marsh & McLennan Companies, Inc. shares went down by -1.52%, adding 102.80 to growth in value, on top of a +6.47% boost since 08/20/19.
Marsh & McLennan Companies, Inc. (NYSE:MMC) Analyst’s Estimates
Marsh & McLennan Companies, Inc. (MMC) could record at least $0.70 per share in quarterly earnings in the upcoming report on 10/24/2019, a number that would actually represent an increase of 10.45% YOY.
According to the average analyst rating, Marsh & McLennan Companies, Inc. would be rated as Hold. Out of 18 different analysts monitoring MMC stock, 3 analysts rate the stock as a BUY, 13 suggest to give the rating of HOLD, 0 indicate that MMC is an OVERWEIGHT, 1 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On Jun-12-19, the stock earned a Downgrade rating due to a new analyst call from Keefe Bruyette, while analysts from Goldman believe that the stock is set at Neutral, as concluded on Apr-08-19. Wells Fargo, is still rather wary about the stock, deciding to keep the rating at Market Perform as confirmed through a call on Apr-05-19.
Credit Suisse, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Aug-07-18, giving the stock a Neutral rating.
MMC Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +15.07. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 7.86%. Beta value of the stock is recorded at 0.73. Additionally, Marsh & McLennan Companies, Inc. is recording price volatility of 1.14% for the period of the last seven days and 1.37% in the last 30 days.
Marsh & McLennan Companies, Inc. (NYSE:MMC) Technical Outlook
For the period of the last 50 days, Marsh & McLennan Companies, Inc. had its Raw Stochastic average set at 75.16% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 79.77%. Stochastic %K for Marsh & McLennan Companies, Inc., with the last 20 days included, was set at 90.28%, having Stochastic %D topping 91.17%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Marsh & McLennan Companies, Inc. stocks with recording 28.20% in metrics.
Marsh & McLennan Companies, Inc. Insider Watch:
Similarly, 88.64% of the company’s float is held by institutions – and there are 1,124 institutions in total holding shares of this company. The top three institutional holders of MMC stocks are: Blackrock Inc. with ownership of $4.2 billion, which is approximately 42,068,438 of the company’s shares; Vanguard Group, Inc. (The), holding 38,854,934 shares of the stock with an approximate value of $3.88 billion; and Price (T.Rowe) Associates Inc, currently with more than 32,309,284 shares of the company valued at $3.22 billion. Positions in Marsh & McLennan Companies, Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 12 insider purchases amounting to 62,502 shares.