Moody's (MCO) Expected to Announce Earnings on Tuesday

Moody's (NYSE:MCO - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $3.58 per share and revenue of $1.90 billion for the quarter. Moody's has set its FY 2025 guidance at 14.000-14.500 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

Moody's (NYSE:MCO - Get Free Report) last released its earnings results on Thursday, February 13th. The business services provider reported $2.62 EPS for the quarter, topping analysts' consensus estimates of $2.27 by $0.35. Moody's had a return on equity of 58.94% and a net margin of 29.03%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.70 billion. On average, analysts expect Moody's to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Moody's Stock Performance

NYSE:MCO traded down $1.29 during midday trading on Friday, hitting $424.40. The company's stock had a trading volume of 953,319 shares, compared to its average volume of 772,889. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.47 and a quick ratio of 1.67. Moody's has a fifty-two week low of $360.05 and a fifty-two week high of $531.93. The firm's 50 day moving average is $465.54 and its 200-day moving average is $474.51. The firm has a market cap of $76.34 billion, a P/E ratio of 37.66, a P/E/G ratio of 2.87 and a beta of 1.38.

Moody's Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, February 25th were paid a $0.94 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.89%. This is a positive change from Moody's's previous quarterly dividend of $0.85. Moody's's dividend payout ratio is presently 33.36%.

Analyst Ratings Changes

Several research firms have commented on MCO. UBS Group upped their price target on shares of Moody's from $510.00 to $540.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. William Blair reiterated an "outperform" rating on shares of Moody's in a research report on Friday, February 14th. Morgan Stanley upped their price objective on Moody's from $481.00 to $508.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Citigroup started coverage on shares of Moody's in a research note on Friday, December 20th. They issued a "buy" rating and a $565.00 target price for the company. Finally, Mizuho started coverage on shares of Moody's in a report on Wednesday, March 12th. They issued a "neutral" rating and a $504.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $524.33.

Insider Activity

In other Moody's news, CEO Robert Fauber sold 281 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $494.42, for a total value of $138,932.02. Following the completion of the sale, the chief executive officer now owns 61,894 shares in the company, valued at approximately $30,601,631.48. This represents a 0.45 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 1,392 shares of company stock worth $659,535 over the last three months. Insiders own 0.14% of the company's stock.

Moody's Company Profile

Moody's Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody's Analytics and Moody's Investors Services. The Moody's Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.