Marsh & McLennan Companies Inc (NYSE: MMC) has reported earnings for its third fiscal quarter (ending September 30) of $1.52 versus $1.48 for the same period a year ago — an increase of 3%. However, this result fell short of the consensus estimate of $1.62 by $-0.10. For the latest four quarters through September 30, E.P.S. were $8.18 versus $7.01 for the same period a year ago — an increase of 17%.
Recent Price Action
Marsh & McLennan Companies Inc (NYSE: MMC) stock declined slightly by -0.4% on 10/17/24. The stock closed at $226.92. Moreover, unusually high trading volume at 156% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
MMC’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.
Marsh & McLennan Companies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Marsh & McLennan Companies has a poor Appreciation Score of 28 but a good Power Rating of 75, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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