Marsh & McLennan Companies Inc (NYSE: MMC) has reported earnings for its first fiscal quarter (ending March 31) of $2.84 versus $2.50 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $7.94 versus $6.47 for the same period a year ago.
Recent Price Action
Marsh & McLennan Companies Inc (NYSE: MMC) stock closed at $201.73 on 4/18/24 after a large increase of 2.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 231% of normal. The stock is unchanged during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MMC is expected to continue to be a major Value Builder.
Marsh & McLennan Companies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Marsh & McLennan Companies has a poor Appreciation Score of 28 but a neutral Power Rating of 52, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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