Marsh & McLennan Cos., Inc. (MMC) Stock: What the Analysts are Saying

Marsh & McLennan Cos., Inc. (NYSE: MMC) has a price-to-earnings ratio that is above its average at 27.36x. 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 490.69M, and at present, short sellers hold a 0.90% of that float. On October 23, 2024, the average trading volume of MMC was 1.62M shares.

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MMC) stock’s latest price update

The stock of Marsh & McLennan Cos., Inc. (NYSE: MMC) has decreased by -0.10 when compared to last closing price of 222.06.Despite this, the company has seen a loss of -1.87% in its stock price over the last five trading days. benzinga.com reported 2024-10-18 that Marsh & McLennan MMC reported better-than-expected third-quarter earnings on Thursday.

MMC’s Market Performance

Marsh & McLennan Cos., Inc. (MMC) has seen a -1.87% fall in stock performance for the week, with a -1.22% decline in the past month and a 2.00% surge in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 1.48% for MMC. The simple moving average for the last 20 days is -0.98% for MMC’s stock, with a simple moving average of 5.32% for the last 200 days.

Analysts’ Opinion of MMC

Many brokerage firms have already submitted their reports for MMC stocks, with Barclays repeating the rating for MMC by listing it as a “Equal Weight.” The predicted price for MMC in the upcoming period, according to Barclays is $236 based on the research report published on September 05, 2024 of the current year 2024.

Piper Sandler, on the other hand, stated in their research note that they expect to see MMC reach a price target of $211. The rating they have provided for MMC stocks is “Neutral” according to the report published on April 17th, 2024.

Wells Fargo gave a rating of “Equal Weight” to MMC, setting the target price at $212 in the report published on April 11th of the current year.

MMC Trading at -1.52% 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 -4.51% of loss for the given period.

Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -0.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.07% upper at present.

During the last 5 trading sessions, MMC fell by -1.87%, which changed the moving average for the period of 200-days by +16.24% in comparison to the 20-day moving average, which settled at $224.03. In addition, Marsh & McLennan Cos., Inc. saw 17.08% 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 $232.00 back on Sep 05 ’24. After this action, Beswick Paul now owns 10,692 shares of Marsh & McLennan Cos., Inc., valued at $503,208 using the latest closing price.

Beswick Paul, the Officer of Marsh & McLennan Cos., Inc., proposed sale 2,169 shares at $232.00 during a trade that took place back on Sep 05 ’24, which means that Beswick Paul is holding shares at $503,208 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
  • 0.29 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 32.10, with 8.23 for asset returns.

Based on Marsh & McLennan Cos., Inc. (MMC), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is -18.17.

Currently, EBITDA for the company is 6.31 billion with net debt to EBITDA at 2.38. When we switch over and look at the enterprise to sales, we see a ratio of 5.09. The receivables turnover for the company is 3.23for trailing twelve months and the total asset turnover is 0.48.

Conclusion

To sum up, Marsh & McLennan Cos., Inc. (MMC) has seen a mixed 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.

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