Stock Rating Downgrade
In the last week the Value Trend Rating for Moody’s Corp. (NYSE: MCO) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Moody’s Corp. (NYSE: MCO) stock closed at $377.16 on 4/12/24 after a modest decline of -1.7%. However, trading volume in this decline was below average at 81% of normal. The stock has declined -3.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MCO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Moody’s has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Moody’s has a very low Appreciation Score of 9 but a good Power Rating of 76, and the Negative Value Trend Rating results.
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