Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Moelis & Co (NYSE: MC) weakened of late. MC’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Moelis & Co (NYSE: MC) stock rose modestly by 1.0% on 8/9/24. The stock closed at $61.10. However, trading volume in this advance was unusually low at 50% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.9% during the last week.
Current PriceTarget Research Rating
MC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Moelis has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Moelis has a very low Appreciation Score of 10 but a good Power Rating of 72, resulting in the Negative Value Trend Rating.
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