Morgan Stanley (NYSE: MS)’s stock price has gone rise by 0.44 in comparison to its previous close of 90.26, however, the company has experienced a 5.19% increase in its stock price over the last five trading days. CNBC reported 2024-04-20 that The findings add to concerns that GLP-1s could take a bite out of the bottom lines of some of the biggest restaurant companies and packaged food makers.
Is It Worth Investing in Morgan Stanley (NYSE: MS) Right Now?
The price-to-earnings ratio for Morgan Stanley (NYSE: MS) is above average at 16.52x, Company’s 36-month beta value is 1.40.Analysts have differing opinions on the stock, with 14 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for MS is 1.25B, and currently, short sellers hold a 1.21% ratio of that floaft. The average trading volume of MS on April 22, 2024 was 8.71M shares.
MS’s Market Performance
MS stock saw a decrease of 5.19% in the past week, with a monthly decline of -0.76% and a quarterly a decrease of 6.23%. The volatility ratio for the week is 2.54%, and the volatility levels for the last 30 days are 2.26% for Morgan Stanley (MS). The simple moving average for the last 20 days is -0.80% for MS’s stock, with a simple moving average of 6.24% for the last 200 days.
Analysts’ Opinion of MS
Many brokerage firms have already submitted their reports for MS stocks, with Keefe Bruyette repeating the rating for MS by listing it as a “Mkt Perform.” The predicted price for MS in the upcoming period, according to Keefe Bruyette is $91 based on the research report published on January 17, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see MS reach a price target of $87, previously predicting the price at $94. The rating they have provided for MS stocks is “Neutral” according to the report published on January 17th, 2024.
HSBC Securities gave a rating of “Hold” to MS, setting the target price at $96 in the report published on January 09th of the current year.
MS Trading at 2.28% 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 -5.14% of loss for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.54%, as shares sank -2.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.42% upper at present.
During the last 5 trading sessions, MS rose by +5.19%, which changed the moving average for the period of 200-days by +5.52% in comparison to the 20-day moving average, which settled at $91.26. In addition, Morgan Stanley saw -2.78% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MS starting from GORMAN JAMES P, who sale 100,000 shares at the price of $90.21 back on Apr 18 ’24. After this action, GORMAN JAMES P now owns 414,870 shares of Morgan Stanley, valued at $9,020,530 using the latest closing price.
Smith Charles Aubrey III, the Chief Risk Officer of Morgan Stanley, sale 11,200 shares at $90.09 during a trade that took place back on Apr 17 ’24, which means that Smith Charles Aubrey III is holding 126,190 shares at $1,009,019 based on the most recent closing price.
Stock Fundamentals for MS
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.77 for the gross margin
The net margin for Morgan Stanley stands at 0.15. Equity return is now at value 9.12, with 0.76 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 2.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
Conclusion
In a nutshell, Morgan Stanley (MS) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
