The price-to-earnings ratio for Moelis & Co (NYSE: MC) is above average at 429.23x, Company’s 36-month beta value is 1.33.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for MC is 70.12M, and currently, short sellers hold a 5.70% ratio of that floaft. The average trading volume of MC on October 25, 2024 was 674.32K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
MC) stock’s latest price update
The stock price of Moelis & Co (NYSE: MC) has dropped by -1.88 compared to previous close of 68.24. Despite this, the company has seen a fall of -6.87% in its stock price over the last five trading days. zacks.com reported 2024-10-24 that MC’s third-quarter 2024 results beat estimates on higher revenues and lower operating expenses. Also, a solid liquidity position is another positive.
MC’s Market Performance
Moelis & Co (MC) has experienced a -6.87% fall in stock performance for the past week, with a -3.56% drop in the past month, and a -1.65% drop in the past quarter. The volatility ratio for the week is 2.31%, and the volatility levels for the past 30 days are at 2.32% for MC.. The simple moving average for the past 20 days is -2.64% for MC’s stock, with a 13.72% simple moving average for the past 200 days.
Analysts’ Opinion of MC
Many brokerage firms have already submitted their reports for MC stocks, with Wells Fargo repeating the rating for MC by listing it as a “Equal Weight.” The predicted price for MC in the upcoming period, according to Wells Fargo is $70 based on the research report published on September 12, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see MC reach a price target of $58, previously predicting the price at $53. The rating they have provided for MC stocks is “Neutral” according to the report published on March 13th, 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to MC, setting the target price at $56 in the report published on January 29th of the current year.
MC Trading at -0.74% from the 50-Day Moving Average
After a stumble in the market that brought MC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.02% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares sank -3.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.86% upper at present.
During the last 5 trading sessions, MC fell by -6.87%, which changed the moving average for the period of 200-days by +22.44% in comparison to the 20-day moving average, which settled at $68.77. In addition, Moelis & Co saw 19.29% 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 MC starting from Shropshire Kenneth, who sale 495 shares at the price of $69.29 back on Jul 31 ’24. After this action, Shropshire Kenneth now owns 9,372 shares of Moelis & Co, valued at $34,299 using the latest closing price.
Pilcher Ciafone Katherine, the Chief Operating Officer of Moelis & Co, sale 3,666 shares at $68.88 during a trade that took place back on Jul 30 ’24, which means that Pilcher Ciafone Katherine is holding 0 shares at $252,514 based on the most recent closing price.
Stock Fundamentals for MC
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.18 for the gross margin
The net margin for Moelis & Co stands at 0.01. The total capital return value is set at -0.01. Equity return is now at value 3.57, with 1.29 for asset returns.
Based on Moelis & Co (MC), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.97. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is -1.9.
Currently, EBITDA for the company is -32.03 million with net debt to EBITDA at 3.58. When we switch over and look at the enterprise to sales, we see a ratio of 4.92. The receivables turnover for the company is 13.0for trailing twelve months and the total asset turnover is 0.92.
Conclusion
In a nutshell, Moelis & Co (MC) 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.
