Moody’s Corp. (NYSE: MCO) has reported E.P.S. of $2.94 for its third fiscal quarter (ending September 30) versus $2.12 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $10.99 compared to $8.25 a year ago.
Recent Price Action
On 10/22/24, Moody’s Corp. (NYSE: MCO) stock declined by -3.9%, closing at $467.73. Moreover, trading volume in this decline was unusually high at 167% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.4% during the last week.
Current PriceTarget Research Rating
MCO’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.
Moody’s has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Moody’s has a slightly negative Appreciation Score of 35 but a very high Power Rating of 91, with the High 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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