Marsh & McLennan Companies Inc (NYSE: MMC) has reported earnings for its second fiscal quarter (ending June 30) of $2.28 versus $2.09 for the same period a year ago — an increase of 9%. However, this result fell short of the consensus estimate of $2.39 by $-0.11. For the latest four quarters through June 30, E.P.S. were $8.14 versus $6.63 for the same period a year ago — an increase of 23%.
Recent Price Action
Marsh & McLennan Companies Inc (NYSE: MMC) stock declined modestly by -1.5% on 7/18/24. The stock closed at $217.42. Moreover, this decline was accompanied by above average trading volume at 128% of normal. The stock has performed in line with the market over the last nine months and has risen 1.2% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Marsh & McLennan Companies has a poor Appreciation Score of 27 but a neutral Power Rating of 54, and the Negative Value Trend Rating results.
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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