In the past week, MMC stock has gone up by 0.06%, with a monthly gain of 2.16% and a quarterly surge of 8.74%. The volatility ratio for the week is 1.63%, and the volatility levels for the last 30 days are 1.27% for Marsh & McLennan Cos., Inc. The simple moving average for the past 20 days is 1.94% for MMC’s stock, with a 9.16% simple moving average for the past 200 days.
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 of 27.16x that is above its average ratio. Additionally, the 36-month beta value for MMC is 0.93. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
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The public float for MMC is 491.29M and currently, short sellers hold a 0.90% ratio of that float. The average trading volume of MMC on July 24, 2024 was 1.65M shares.
MMC) stock’s latest price update
Marsh & McLennan Cos., Inc. (NYSE: MMC) has seen a decline in its stock price by 0.00 in relation to its previous close of 219.03. However, the company has experienced a 0.06% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-18 that Marsh & McLennan’s (MMC) second-quarter results benefit on strong international operations and sound contribution from Health and Wealth businesses.
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 3.80% 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 -1.20% of loss for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares surge +1.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.93% upper at present.
During the last 5 trading sessions, MMC rose by +0.06%, which changed the moving average for the period of 200-days by +14.61% in comparison to the 20-day moving average, which settled at $215.03. In addition, Marsh & McLennan Cos., Inc. saw 15.61% 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 Beswick Paul, who sale 2,169 shares at the price of $220.00 back on Jul 16 ’24. After this action, Beswick Paul now owns 11,861 shares of Marsh & McLennan Cos., Inc., valued at $477,180 using the latest closing price.
FANJUL OSCAR, the Director of Marsh & McLennan Cos., Inc., sale 6,000 shares at $209.01 during a trade that took place back on Jun 13 ’24, which means that FANJUL OSCAR is holding 53,393 shares at $1,254,070 based on the most recent closing price.
Stock Fundamentals for MMC
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.53 for the gross margin
The net margin for Marsh & McLennan Cos., Inc. stands at 0.17. The total capital return value is set at 0.2. Equity return is now at value 31.67, with 8.43 for asset returns.
Based on Marsh & McLennan Cos., Inc. (MMC), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 19.82.
Currently, EBITDA for the company is 6.31 billion with net debt to EBITDA at 2.02. When we switch over and look at the enterprise to sales, we see a ratio of 5.14. The receivables turnover for the company is 3.05for trailing twelve months and the total asset turnover is 0.49.
Conclusion
In conclusion, Marsh & McLennan Cos., Inc. (MMC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
