A number of research firms have changed their ratings and price targets for Moody’s Corp. (NYSE: MCO):
Shares of Moody’s Corp. (NYSE:MCO) opened at 106.61 on Friday. Moody’s Corp. has a 52-week low of $77.76 and a 52-week high of $110.83. The stock’s 50 day moving average price is $108.46 and its 200-day moving average price is $101.20. The stock has a market cap of $20.50 billion, a price-to-earnings ratio of 23.81 and a beta of 1.35.
Moody’s Corp. (NYSE:MCO) last issued its quarterly earnings data on Friday, July 22nd. The company reported $1.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.03. Moody’s Corp. had a net margin of 25.81% and a negative return on equity of 273.01%. The business earned $928.90 million during the quarter, compared to analysts’ expectations of $909.08 million. During the same period last year, the company posted $1.28 EPS. The company’s revenue was up 1.2% on a year-over-year basis. On average, analysts predict that Moody’s Corp. will post $4.63 earnings per share for the current fiscal year.