The price-to-earnings ratio for Morgan Stanley (NYSE: MS) is above average at 15.58x, while the 36-month beta value is 1.33.Analysts have differing opinions on the stock, with 15 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for Morgan Stanley (MS) is $97.88, which is $9.2 above the current market price. The public float for MS is 1.28B, and currently, short sellers hold a 1.51% ratio of that floaft. The average trading volume of MS on September 18, 2023 was 7.08M shares.
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MS) stock’s latest price update
Morgan Stanley (NYSE: MS)’s stock price has decreased by -0.74 compared to its previous closing price of 89.07. However, the company has seen a 4.11% increase in its stock price over the last five trading sessions. Reuters reported 2023-09-15 that Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position themselves for a murky economic climate.
MS’s Market Performance
Morgan Stanley (MS) has seen a 4.11% rise in stock performance for the week, with a 2.81% gain in the past month and a -0.72% plunge in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are at 1.74% for MS. The simple moving average for the last 20 days is 4.18% for MS stock, with a simple moving average of -0.37% for the last 200 days.
Analysts’ Opinion of MS
Many brokerage firms have already submitted their reports for MS stocks, with HSBC Securities repeating the rating for MS by listing it as a “Buy.” The predicted price for MS in the upcoming period, according to HSBC Securities is $99 based on the research report published on September 07, 2023 of the current year 2023.
MS Trading at 1.25% from the 50-Day Moving Average
After a stumble in the market that brought MS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.46% of loss for the given period.
Volatility was left at 1.74%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares surge +3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.10% upper at present.
During the last 5 trading sessions, MS rose by +4.11%, which changed the moving average for the period of 200-days by -1.65% in comparison to the 20-day moving average, which settled at $84.99. In addition, Morgan Stanley saw 3.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MS starting from GORMAN JAMES P, who sale 125,000 shares at the price of $95.19 back on Jul 24. After this action, GORMAN JAMES P now owns 1,011,345 shares of Morgan Stanley, valued at $11,898,812 using the latest closing price.
PICK EDWARD N, the Co-President/Head of IS of Morgan Stanley, sale 100,000 shares at $94.33 during a trade that took place back on Jul 24, which means that PICK EDWARD N is holding 604,845 shares at $9,433,050 based on the most recent closing price.
Stock Fundamentals for MS
Current profitability levels for the company are sitting at:
- +21.32 for the present operating margin
The net margin for Morgan Stanley stands at +16.71. The total capital return value is set at 3.27, while invested capital returns managed to touch 3.30. Equity return is now at value 10.30, with 0.80 for asset returns.
Based on Morgan Stanley (MS), the company’s capital structure generated 328.87 points at debt to equity in total, while total debt to capital is 76.68. Total debt to assets is 27.84, with long-term debt to equity ratio resting at 247.51. Finally, the long-term debt to capital ratio is 52.67.
When we switch over and look at the enterprise to sales, we see a ratio of 5.65, with the company’s debt to enterprise value settled at 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
In a nutshell, Morgan Stanley (MS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
