Marsh & McLennan Cos., Inc. (NYSE: MMC)’s stock price has increased by 0.61 compared to its previous closing price of 203.59. However, the company has seen a 2.75% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-29 that Marsh & McLennan Companies has seen a 9.25% YoY increase in total revenues in Q1 2024. MMC’s value proposition includes strong revenue growth, expense-base management, and substantial free cash flow growth. MMC is undervalued compared to its peers and has demonstrated strong growth potential, superior capital returns, and financial discipline.
Is It Worth Investing in Marsh & McLennan Cos., Inc. (NYSE: MMC) Right Now?
Marsh & McLennan Cos., Inc. (NYSE: MMC) has a price-to-earnings ratio that is above its average at 26.02x. The stock has a 36-month beta value of 0.93. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 4 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for MMC is 492.25M, and at present, short sellers hold a 0.74% of that float. On May 10, 2024, the average trading volume of MMC was 1.61M shares.
MMC’s Market Performance
The stock of Marsh & McLennan Cos., Inc. (MMC) has seen a 2.75% increase in the past week, with a 1.82% rise in the past month, and a 4.09% gain in the past quarter. The volatility ratio for the week is 1.18%, and the volatility levels for the past 30 days are at 1.29% for MMC. The simple moving average for the past 20 days is 2.39% for MMC’s stock, with a 4.45% simple moving average for the past 200 days.
Analysts’ Opinion of MMC
Many brokerage firms have already submitted their reports for MMC stocks, with Piper Sandler repeating the rating for MMC by listing it as a “Neutral.” The predicted price for MMC in the upcoming period, according to Piper Sandler is $211 based on the research report published on April 17, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see MMC reach a price target of $212. The rating they have provided for MMC stocks is “Equal Weight” according to the report published on April 11th, 2024.
TD Cowen gave a rating of “Market Perform” to MMC, setting the target price at $189 in the report published on January 10th of the current year.
MMC Trading at 1.02% from the 50-Day Moving Average
After a stumble in the market that brought MMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.08% of loss for the given period.
Volatility was left at 1.29%, however, over the last 30 days, the volatility rate increased by 1.18%, as shares surge +2.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.60% lower at present.
During the last 5 trading sessions, MMC rose by +2.75%, which changed the moving average for the period of 200-days by +5.92% in comparison to the 20-day moving average, which settled at $200.35. In addition, Marsh & McLennan Cos., Inc. saw 8.11% 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 MMC starting from Mills Stacy, who sale 1,461 shares at the price of $209.16 back on Mar 14 ’24. After this action, Mills Stacy now owns 2,923 shares of Marsh & McLennan Cos., Inc., valued at $305,583 using the latest closing price.
Klisura Dean Michael, the President & CEO, Guy Carpenter of Marsh & McLennan Cos., Inc., sale 9,994 shares at $205.00 during a trade that took place back on Mar 08 ’24, which means that Klisura Dean Michael is holding 20,935 shares at $2,048,770 based on the most recent closing price.
Stock Fundamentals for MMC
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.43 for the gross margin
The net margin for Marsh & McLennan Cos., Inc. stands at 0.17. The total capital return value is set at 0.19. Equity return is now at value 33.55, with 9.57 for asset returns.
Based on Marsh & McLennan Cos., Inc. (MMC), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.11. The interest coverage ratio of the stock is 9.32.
Currently, EBITDA for the company is 6.31 billion with net debt to EBITDA at 2.12. When we switch over and look at the enterprise to sales, we see a ratio of 4.93. The receivables turnover for the company is 3.23for trailing twelve months and the total asset turnover is 0.49.
Conclusion
To sum up, Marsh & McLennan Cos., Inc. (MMC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
