Media stories about Moody's (NYSE:MCO) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Moody's earned a news impact score of 0.02 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 42.4253588318003 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Moody's (MCO) traded up $1.09 during trading on Friday, reaching $150.57. 1,560,000 shares of the company were exchanged, compared to its average volume of 696,808. The company has a market capitalization of $28,773.93, a P/E ratio of 26.28, a P/E/G ratio of 2.66 and a beta of 1.36. Moody's has a 1-year low of $93.51 and a 1-year high of $153.86. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of -32.57.
Moody's (NYSE:MCO) last announced its quarterly earnings data on Friday, November 3rd. The business services provider reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.15. Moody's had a net margin of 13.73% and a negative return on equity of 187.20%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $992.81 million. During the same quarter last year, the firm posted $1.34 EPS. The company’s quarterly revenue was up 15.9% on a year-over-year basis. analysts predict that Moody's will post 5.96 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.01%. The ex-dividend date was Monday, November 20th. Moody's’s payout ratio is 54.29%.
Several analysts have weighed in on the stock. BMO Capital Markets reissued a “hold” rating and set a $143.00 price target on shares of Moody's in a research note on Friday, October 13th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $149.00 price objective (up from $140.00) on shares of Moody's in a research note on Wednesday, October 4th. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $148.00 price objective on shares of Moody's in a research note on Sunday, November 19th. Barclays raised shares of Moody's from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $150.00 to $165.00 in a research note on Friday, November 17th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $135.00 price objective (up from $134.00) on shares of Moody's in a research note on Friday, October 6th. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $151.89.
In other news, Director Darrell Duffie sold 500 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $138.41, for a total value of $69,205.00. Following the completion of the transaction, the director now directly owns 21,804 shares in the company, valued at approximately $3,017,891.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ewald Kist sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $142.00, for a total transaction of $568,000.00. The disclosure for this sale can be found here. 1.17% of the stock is owned by insiders.
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Moody's Company Profile
Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services, quantitative credit risk measures, financial services training and certification services, and research and analytical services to financial institution customers.
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