Oppenheimer Reaffirms Their Buy Rating on Moody’s (MCO)
TipRanks (Fri, 3-May 8:19 AM ET)
TipRanks (Fri, 3-May 6:58 AM ET)
Moody's Q1 earnings, revenue beat, boosts lower end of 2024 EPS guidance
Seeking Alpha News (Thu, 2-May 10:27 AM ET)
Moody’s Corp. Releases Financial Performance Insights
TipRanks (Thu, 2-May 7:13 AM ET)
Moody's Non-GAAP EPS of $3.37 beats by $0.36, revenue of $1.8B beats by $120M
Seeking Alpha News (Thu, 2-May 7:02 AM ET)
Moody's Corporation Reports Results for First Quarter 2024
Business Wire (Thu, 2-May 7:00 AM ET)
Moody's Q1 2024 Earnings Preview
Seeking Alpha News (Wed, 1-May 12:18 PM ET)
Business Wire (Tue, 23-Apr 8:00 AM ET)
Date Set For Moody's Earnings Release And Investor Teleconference
Business Wire (Tue, 16-Apr 7:00 AM ET)
Atsi Sheth Appointed Chief Credit Officer for Moody's Ratings
Business Wire (Thu, 4-Apr 4:30 PM ET)
Moody's Corporation along with S&P Ratings, is a provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and about half the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
Moody's trades on the NYSE stock market under the symbol MCO.
As of May 3, 2024, MCO stock price climbed to $380.56 with 761,026 million shares trading.
MCO has a beta of 1.35, meaning it tends to be more sensitive to market movements. MCO has a correlation of 0.60 to the broad based SPY ETF.
MCO has a market cap of $69.64 billion. This is considered a Large Cap stock.
Last quarter Moody's reported $2 billion in Revenue and $3.37 earnings per share. This beat revenue expectation by $86 million and exceeded earnings estimates by $.33.
In the last 3 years, MCO stock traded as high as $407.94 and as low as $230.16.
The top ETF exchange traded funds that MCO belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.
MCO has underperformed the market in the last year with a price return of +25.5% while the SPY ETF gained +26.1%. MCO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.6% and +1.6%, respectively, while the SPY returned +3.7% and +2.4%, respectively.
MCO support price is $371.33 and resistance is $381.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MCO stock will trade within this expected range on the day.