News coverage about Moody’s (NYSE:MCO) has been trending somewhat negative recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Moody’s earned a news impact score of -0.03 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 43.5752204570349 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Moody’s Reaches Analyst Target Price (nasdaq.com)
- Moody’s says Marine Acquisition Corp. (Seastar) ratings (B2 CFR) unaffected by proposed Dometic acquisition (moodys.com)
- Moody’s Corporation to Present at Investor Conferences (finance.yahoo.com)
- ETFs with exposure to Moody’s Corp. : November 27, 2017 (finance.yahoo.com)
- UPDATE 1-U.S. charges 3 Chinese with hacking Siemens, Trimble, Moody’s (feeds.reuters.com)
Moody’s (NYSE:MCO) traded up $0.83 during trading hours on Monday, reaching $150.23. The company’s stock had a trading volume of 290,900 shares, compared to its average volume of 840,354. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of -32.57. Moody’s has a 1-year low of $93.51 and a 1-year high of $150.73. The company has a market cap of $28,630.00, a P/E ratio of 26.22, a price-to-earnings-growth ratio of 2.66 and a beta of 1.35.
Moody’s (NYSE:MCO) last released its quarterly earnings data on Friday, November 3rd. The business services provider reported $1.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.37 by $0.15. Moody’s had a negative return on equity of 187.20% and a net margin of 13.73%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $992.81 million. During the same quarter in the previous year, the company posted $1.34 EPS. The company’s revenue was up 15.9% compared to the same quarter last year. equities research analysts expect that Moody’s will post 5.94 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Monday, November 20th. Moody’s’s payout ratio is 54.68%.
A number of research analysts recently commented on MCO shares. Argus boosted their price target on Moody’s to $165.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Credit Suisse Group reissued a “neutral” rating and issued a $137.00 price target (up from $131.00) on shares of Moody’s in a report on Wednesday, August 30th. They noted that the move was a valuation call. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $148.00 price objective on shares of Moody’s in a research note on Sunday, November 19th. BMO Capital Markets lifted their price objective on Moody’s from $143.00 to $146.00 and gave the stock a “market perform” rating in a research note on Monday, November 6th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $149.00 price objective (up previously from $140.00) on shares of Moody’s in a research note on Wednesday, October 4th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Moody’s currently has a consensus rating of “Buy” and a consensus target price of $151.89.
In other news, Director Ewald Kist sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $142.00, for a total transaction of $568,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Raymond W. Mcdaniel sold 45,216 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $134.16, for a total value of $6,066,178.56. Following the transaction, the insider now directly owns 292,310 shares in the company, valued at approximately $39,216,309.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,716 shares of company stock worth $6,703,384. Corporate insiders own 1.17% of the company’s stock.
Moody’s Company Profile
Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services, quantitative credit risk measures, financial services training and certification services, and research and analytical services to financial institution customers.
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