Home  »  Company   »  Morgan Stanley (NYSE: MS) Down Almost -16.51% In O...

Morgan Stanley (NYSE: MS) Down Almost -16.51% In One Month, Long Term Looking Good

Morgan Stanley (NYSE:MS)’s traded shares stood at 19.92 million during the last session, with the company’s beta value hitting 1.35. At the close of trading, the stock’s price was $84.18, to imply a decrease of -3.25% or -$2.83 in intraday trading. The MS share’s 52-week high remains $100.99, putting it -19.97% down since that peak but still an impressive 14.41% since price per share fell to its 52-week low of $72.05. The company has a valuation of $144.97B, with an average of 10.31 million shares in intraday trading volume over the past 10 days and average of 7.44 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Morgan Stanley (MS), translating to a mean rating of 2.40. Of 27 analyst(s) looking at the stock, 1 analyst(s) give MS a Sell rating. 1 of those analysts rate the stock as Overweight while 10 advise Hold as 15 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $1.81.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


Morgan Stanley (NYSE:MS) trade information

After registering a -3.25% downside in the last session, Morgan Stanley (MS) has traded red over the past five days. The stock hit a weekly high of 92.41 this Friday, 03/17/23, dropping -3.25% in its intraday price action. The 5-day price performance for the stock is -6.52%, and -16.51% over 30 days. With these gigs, the year-to-date price performance is -0.99%. Short interest in Morgan Stanley (NYSE:MS) saw shorts transact 16.66 million shares and set a 2.56 days time to cover.

Analysts on Wall Street suggest a consensus price target of $102.23, implying an increase of 17.66% to the stock’s current value. The extremes give us $84.00 and $125.00 for target low and target high price respectively. As such, MS has been trading -48.49% off suggested target high and 0.21% from its likely low.

Morgan Stanley (MS) estimates and forecasts

Looking at statistics comparing Morgan Stanley share performance against respective industry, we note that the company has outperformed competitors. Morgan Stanley (MS) shares are -4.62% down over the last 6 months, with its year-to-date growth rate higher than industry average at 13.05% against 8.70%. Revenue is forecast to shrink -10.40% this quarter before jumping 30.20% for the next one. The rating firms project that company’s revenue will grow 5.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is $14.27 billion. Meanwhile, for the quarter ending Jun 2023, a total of 15 analyst(s) estimate revenue growth to $14.16 billion.Earnings reports from the last fiscal year show that sales brought in $14.8 billion and $13.13 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -3.60% before jumping 7.80% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 10.50% for the past 5-year period. While 2023 is set for a -23.40% return in earnings, projections for the next 5 years are at 5.71% annually.

MS Dividends

Morgan Stanley has its next earnings report out on April 19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Morgan Stanley has a forward dividend ratio of 3.10, with the share yield ticking at 3.68% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Morgan Stanley (NYSE:MS)’s Major holders

Morgan Stanley insiders hold 22.71% of total outstanding shares, with institutional holders owning 63.11% of the shares at 81.65% float percentage. In total, 63.11% institutions holds shares in the company, led by Mitsubishi UFJ Financial Group Inc. As of Dec 30, 2022, the company held over 377.09 million shares (or 22.42% of shares), all amounting to roughly $31.74 billion.

The next major institution holding the largest number of shares is State Street Corporation with 120.75 million shares, or about 7.18% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $10.16 billion.

We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Morgan Stanley (MS) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 38.42 million shares. This is just over 2.27% of the total shares, with a market valuation of $3.23 billion. Data from the same date shows that the other fund manager holds a little less at 30.36 million, or 1.80% of the shares, all valued at about 2.56 billion.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts