Moody’s (MCO) Projected to Post Earnings on Thursday

Moody’s (NYSE:MCO) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Moody’s to post earnings of $2.27 per share and revenue of $1.70 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Moody’s Trading Up 1.7 %

Shares of NYSE:MCO opened at $512.76 on Wednesday. The business’s 50-day moving average is $483.12 and its 200 day moving average is $477.16. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.67 and a quick ratio of 1.67. Moody’s has a 1 year low of $360.05 and a 1 year high of $513.04. The firm has a market capitalization of $92.91 billion, a P/E ratio of 46.83, a P/E/G ratio of 2.93 and a beta of 1.31.

Insider Activity

In related news, CEO Robert Fauber sold 281 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $474.86, for a total value of $133,435.66. Following the transaction, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at $29,390,984.84. This trade represents a 0.45 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders sold 1,124 shares of company stock worth $540,051. 0.07% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MCO has been the topic of several research analyst reports. Morgan Stanley boosted their price target on Moody’s from $462.00 to $481.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. UBS Group upped their target price on Moody’s from $495.00 to $510.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. BMO Capital Markets raised their price target on shares of Moody’s from $468.00 to $481.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 21st. Stifel Nicolaus upped their price objective on shares of Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. Finally, Robert W. Baird raised their target price on shares of Moody’s from $490.00 to $512.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $507.36.

About Moody’s

Moody’s Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.