News coverage about Morgan Stanley (NYSE:MS) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Morgan Stanley earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 44.9860209764208 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
MS has been the subject of a number of research analyst reports. Wells Fargo & Co set a $55.00 target price on shares of Morgan Stanley and gave the stock a “hold” rating in a research report on Wednesday, December 20th. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Wednesday, January 3rd. Barclays raised their price target on shares of Morgan Stanley from $48.00 to $52.00 and gave the company an “equal weight” rating in a report on Wednesday, October 18th. Berenberg Bank reiterated a “hold” rating and issued a $40.00 target price on shares of Morgan Stanley in a research note on Thursday, September 21st. Finally, Credit Suisse Group upgraded shares of Morgan Stanley from a “neutral” rating to an “outperform” rating and raised their target price for the company from $49.00 to $54.00 in a research note on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $53.07.
Shares of Morgan Stanley (NYSE:MS) opened at $55.12 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $55.14. The firm has a market cap of $99,650.00, a PE ratio of 15.23, a PEG ratio of 0.90 and a beta of 1.65.
Morgan Stanley (NYSE:MS) last issued its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The business had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.05 billion. During the same period in the previous year, the business earned $0.80 EPS. The firm’s revenue was up 3.2% on a year-over-year basis. analysts anticipate that Morgan Stanley will post 3.58 earnings per share for the current year.
In other Morgan Stanley news, President Thomas Colm Kelleher sold 40,000 shares of the business’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $50.59, for a total value of $2,023,600.00. Following the completion of the transaction, the president now directly owns 692,037 shares of the company’s stock, valued at $35,010,151.83. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the business’s stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $50.07, for a total transaction of $820,997.79. Following the completion of the transaction, the insider now directly owns 111,776 shares of the company’s stock, valued at $5,596,624.32. The disclosure for this sale can be found here. Insiders have sold a total of 85,247 shares of company stock valued at $4,284,364 over the last three months. 0.35% of the stock is currently owned by insiders.
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Morgan Stanley Company Profile
Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.
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