Marsh & McLennan Cos., Inc (MMC) Shares Rise Despite Market Challenges

MGLD

Marsh & McLennan Cos., Inc (NYSE: MMC)’s stock price has increased by 0.18 compared to its previous closing price of 221.16. However, the company has seen a -0.06% decrease in its stock price over the last five trading sessions. businesswire.com reported 2024-10-30 that NEW YORK–(BUSINESS WIRE)–Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $950 million aggregate principal amount of its 4.550% Senior Notes due 2027, $1,000 million aggregate principal amount of its 4.650% Senior Notes due 2030, $1,000 million aggregate principal amount of its 4.850% Senior Notes due 2031, $2,000 million aggregate principal amount of its 5.000% Senior Notes due 2035, $500 million aggregate principal amount of its 5.350% Senior Notes due 2044, $1,.

Is It Worth Investing in Marsh & McLennan Cos., Inc (NYSE: MMC) Right Now?

The price-to-earnings ratio for Marsh & McLennan Cos., Inc (NYSE: MMC) is 27.32x, which is above its average ratio. Moreover, the 36-month beta value for MMC is 0.93. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 4 as “overweight,” 8 as “hold,” and 0 as “sell.”

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The public float for MMC is 490.69M and currently, short sellers hold a 0.92% of that float. On November 06, 2024, MMC’s average trading volume was 1.65M shares.

MMC’s Market Performance

MMC’s stock has seen a -0.06% decrease for the week, with a 0.81% rise in the past month and a 1.59% gain in the past quarter. The volatility ratio for the week is 1.13%, and the volatility levels for the past 30 days are at 1.52% for Marsh & McLennan Cos., Inc The simple moving average for the past 20 days is -0.74% for MMC’s stock, with a 4.54% simple moving average for the past 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 -4.64% of loss for the given period.

Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.13%, as shares sank -1.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.25% lower at present.

During the last 5 trading sessions, MMC fell by -0.06%, which changed the moving average for the period of 200-days by +11.65% in comparison to the 20-day moving average, which settled at $223.21. In addition, Marsh & McLennan Cos., Inc saw 16.93% 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 FANJUL OSCAR, who sale 2,500 shares at the price of $221.55 back on Oct 30 ’24. After this action, FANJUL OSCAR now owns 48,549 shares of Marsh & McLennan Cos., Inc, valued at $553,875 using the latest closing price.

FANJUL OSCAR, the Director of Marsh & McLennan Cos., Inc, sale 2,500 shares at $220.54 during a trade that took place back on Oct 31 ’24, which means that FANJUL OSCAR is holding 46,049 shares at $551,350 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
  • 0.43 for the gross margin

The net margin for Marsh & McLennan Cos., Inc stands at 0.17. The total capital return value is set at 0.2. 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 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 9.74.

Currently, EBITDA for the company is 6.31 billion with net debt to EBITDA at 1.59. When we switch over and look at the enterprise to sales, we see a ratio of 5.01. The receivables turnover for the company is 3.23for trailing twelve months and the total asset turnover is 0.48.

Conclusion

To wrap up, the performance of Marsh & McLennan Cos., Inc (MMC) has been better in recent times. The stock has received a mixed of “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.

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