Media headlines about Moody's (NYSE:MCO) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Moody's earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.284716799968 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Moody's (MCO) traded up $4.64 during trading on Monday, hitting $159.28. 1,214,183 shares of the stock were exchanged, compared to its average volume of 840,800. Moody's has a 52-week low of $107.26 and a 52-week high of $167.23. The stock has a market capitalization of $30,420.00, a P/E ratio of 30.87, a price-to-earnings-growth ratio of 1.81 and a beta of 1.36. The company has a debt-to-equity ratio of -48.22, a quick ratio of 1.15 and a current ratio of 1.25.
Moody's (NYSE:MCO) last announced its quarterly earnings results on Friday, February 9th. The business services provider reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.06. Moody's had a net margin of 23.80% and a negative return on equity of 319.45%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the firm posted $1.23 earnings per share. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. equities research analysts expect that Moody's will post 7.75 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, March 12th. Stockholders of record on Tuesday, February 20th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.10%. This is an increase from Moody's’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Friday, February 16th. Moody's’s dividend payout ratio is presently 29.46%.
Several equities research analysts have commented on MCO shares. Credit Suisse Group reaffirmed a “neutral” rating and set a $187.00 price objective (up from $161.00) on shares of Moody's in a report on Monday. Argus upped their price objective on shares of Moody's to $165.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Stifel Nicolaus started coverage on shares of Moody's in a report on Tuesday, December 19th. They set a “hold” rating and a $167.00 price objective on the stock. Cantor Fitzgerald reaffirmed a “hold” rating and set a $148.00 price objective on shares of Moody's in a report on Sunday, November 19th. Finally, BMO Capital Markets upped their price objective on shares of Moody's from $143.00 to $146.00 and gave the company a “market perform” rating in a report on Monday, November 6th. Eight research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Moody's currently has an average rating of “Hold” and a consensus price target of $161.42.
In other news, Director Ewald Kist sold 4,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $142.00, for a total value of $568,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Darrell Duffie sold 500 shares of the stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $147.93, for a total transaction of $73,965.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,005 shares of company stock worth $716,738. Insiders own 1.17% of the company’s stock.
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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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