Morgan Stanley (MS): A Technical Analysis

Morgan Stanley (NYSE: MS) has a higher price-to-earnings ratio of 16.45x compared to its average ratio. MS has 36-month beta value of 1.36. Analysts have mixed views 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 1.24B, and currently, short sellers hold a 1.17% ratio of that float. The average trading volume of MS on September 03, 2024 was 6.16M shares.

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MS) stock’s latest price update

Morgan Stanley (NYSE: MS) has experienced a decline in its stock price by -3.54 compared to its previous closing price of 103.61. However, the company has seen a fall of -2.34% in its stock price over the last five trading days. zacks.com reported 2024-09-02 that JPM, MS, WFC, RJF, BAC and others are under legal scrutiny for transferring clients’ idle funds into sweep accounts with near-zero interest rates.

MS’s Market Performance

MS’s stock has fallen by -2.34% in the past week, with a monthly rise of 4.27% and a quarterly rise of 2.60%. The volatility ratio for the week is 1.28% while the volatility levels for the last 30 days are 1.80% for Morgan Stanley The simple moving average for the past 20 days is 1.05% for MS’s stock, with a 8.01% simple moving average for the past 200 days.

Analysts’ Opinion of MS

Many brokerage firms have already submitted their reports for MS stocks, with Wells Fargo repeating the rating for MS by listing it as a “Underweight.” The predicted price for MS in the upcoming period, according to Wells Fargo is $95 based on the research report published on August 02, 2024 of the current year 2024.

Keefe Bruyette gave a rating of “Mkt Perform” to MS, setting the target price at $91 in the report published on January 17th of the current year.

MS Trading at -0.48% 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 -8.40% of loss for the given period.

Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.28%, as shares surge +8.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.14% upper at present.

During the last 5 trading sessions, MS fell by -2.14%, which changed the moving average for the period of 200-days by +27.88% in comparison to the 20-day moving average, which settled at $99.31. In addition, Morgan Stanley saw 7.17% 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 CRAWLEY MANDELL, who sale 3,500 shares at the price of $105.25 back on Jul 26 ’24. After this action, CRAWLEY MANDELL now owns 43,224 shares of Morgan Stanley, valued at $368,375 using the latest closing price.

MANDELL L CRAWLEY & ALISON JIM, the Affilliate of Morgan Stanley, proposed sale 3,500 shares at $105.25 during a trade that took place back on Jul 26 ’24, which means that MANDELL L CRAWLEY & ALISON JIM is holding shares at $368,375 based on the most recent closing price.

Stock Fundamentals for MS

Current profitability levels for the company are sitting at:

  • 0.25 for the present operating margin
  • 0.6 for the gross margin

The net margin for Morgan Stanley stands at 0.19. The total capital return value is set at 0.02. Equity return is now at value 10.36, with 0.88 for asset returns.

Based on Morgan Stanley (MS), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 3.72. The interest coverage ratio of the stock is 0.3.

Currently, EBITDA for the company is 16.07 billion with net debt to EBITDA at 18.3. When we switch over and look at the enterprise to sales, we see a ratio of 8.47. The receivables turnover for the company is 0.63for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.

Conclusion

To put it simply, Morgan Stanley (MS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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