Goldman raised the price target for the Marsh & McLennan Companies Inc. (NYSE:MMC) stock from “a Sell” to “a Neutral”. The rating was released on April 29, 2021. We previously noted in another research note published on April 28, 2021 by Piper Sandler that upgraded the stock from a Neutral to an Overweight with a price target of $145 for MMC stock. The stock was upgraded by Credit Suisse, who disclosed in a research note on January 11, 2021, from Neutral to Outperform and set the price objective to $130. In their research brief published January 08, 2021, Goldman analysts downgraded the Marsh & McLennan Companies Inc. stock from Buy to Sell with a price target of $112.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Marsh & McLennan Companies Inc. (NYSE:MMC) raised 0.49% to close Wednesday’s market session at $142.39, higher as compared to yesterday’s close. The stock price fluctuated between $140.41 and $144.09 throughout the trading session with the volume trading being 2588379 shares, which represented a significant variation when compared to the three months average volume of 1.85 million shares. The firm’s stock price fluctuated 1.01% within the last five trades and 4.44% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 25.52% in the last 6 months and 11.65% was added to its value over the previous 3 months. MMC stock is trading at a margin of 1.22%, 2.85% and 16.38% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, MMC deals in the Financial domain. The stock is trading -0.38 percent below its 52-week high and 39.45 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 29.06. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Marsh & McLennan Companies Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 19.00 percent and the profit margin is 12.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $72.40 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Marsh & McLennan Companies Inc. (NYSE:MMC) is 32.55. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 23.11. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 4.10 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 7.68, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Marsh & McLennan Companies Inc. shares are owned by insiders, and 90.10 percent are held by financial institutions. McDonald Scott, the President and CEO of OWG at Marsh & McLennan Companies Inc. (MMC) has sold 112,051 shares of firm on Jun 02 at a price of $138.95 against the total amount of $15.57 million. In another inside trade, MCGIVNEY MARK C, Chief Financial Officer of Marsh & McLennan Companies Inc. (NYSE:MMC) sold 6,125 shares of the firm on Mar 08 for a total worth of $0.71 million at a price of $115.28. An inside trade which took place on Mar 04, President and CEO, Mercer of Marsh & McLennan Companies Inc. Ferland Martine sold 2,162 shares of firm against total price of $0.25 million at the cost of $115.28 per share.