For its first fiscal quarter (ending March 31), Morgan Stanley (NYSE: MS) has reported E.P.S. of $2.04 compared to $1.72 a year ago. For the latest four quarters through March 31, E.P.S. were $5.54 compared to $5.89 a year ago.
Recent Price Action
Morgan Stanley (NYSE: MS) stock closed at $89.14 on 4/16/24 after a large increase of 2.5%. Moreover, trading volume in this advance was exceptionally high at 211% of normal. The stock has declined -4.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
MS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Morgan Stanley has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Morgan Stanley has a neutral Power Rating of 55 but a very high Appreciation Score of 89, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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