Press coverage about Moody's (NYSE:MCO) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.16 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.3851109446499 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
Shares of Moody's (MCO) opened at $161.60 on Wednesday. The stock has a market cap of $30,422.48, a P/E ratio of 31.38, a P/E/G ratio of 2.24 and a beta of 1.36. The company has a current ratio of 1.25, a quick ratio of 1.15 and a debt-to-equity ratio of -48.22. Moody's has a 1-year low of $108.12 and a 1-year high of $167.23.
Moody's (NYSE:MCO) last posted its earnings results on Friday, February 9th. The business services provider reported $1.51 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 analyst estimates of $1.07 billion. During the same period in the previous year, the firm posted $1.23 EPS. The company’s revenue for the quarter was up 23.7% compared to the same quarter last year. research analysts anticipate that Moody's will post 6.45 earnings per share for the current fiscal 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 given a $0.44 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Moody's’s previous quarterly dividend of $0.38. Moody's’s payout ratio is 29.51%.
A number of research analysts recently weighed in on the stock. Cantor Fitzgerald raised their target price on shares of Moody's from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday. Wells Fargo & Co set a $160.00 price objective on shares of Moody's and gave the company a “market perform” rating in a research report on Monday. BMO Capital Markets lifted their price objective on shares of Moody's from $159.00 to $161.00 and gave the company a “market perform” rating in a research report on Friday, February 9th. Credit Suisse Group restated a “neutral” rating and set a $187.00 target price (up previously from $161.00) on shares of Moody's in a research note on Monday. Finally, Barclays raised their target price on shares of Moody's from $175.00 to $180.00 and gave the stock an “overweight” rating in a research note on Monday. Eight research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $161.42.
In other Moody's news, Director Ewald Kist sold 4,000 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $142.00, for a total transaction of $568,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Darrell Duffie sold 500 shares of the company’s stock in a transaction on Friday, December 29th. The stock was sold at an average price of $147.93, for a total transaction of $73,965.00. Following the transaction, the director now owns 21,336 shares in the company, valued at approximately $3,156,234.48. The disclosure for this sale can be found here. Insiders sold a total of 5,005 shares of company stock worth $716,738 in the last 90 days. Corporate 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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