For its first fiscal quarter (ending March 31), Moelis & Co (NYSE: MC) has reported E.P.S. of $0.24 compared to $0.05 a year ago. E.P.S. were $-0.17 for the latest four quarters through March 31 versus $1.33 for the same period a year ago.
Recent Price Action
On 4/24/24, Moelis & Co (NYSE: MC) stock declined modestly by -1.1%, closing at $53.99. Moreover, this decline was accompanied by above average trading volume at 132% of normal. Relative to the market the stock has been strong over the last nine months and has risen 5.6% during the last week.
Current PriceTarget Research Rating
MC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
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 12 but a good Power Rating of 76, resulting in the Negative Value Trend Rating.
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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