Marsh & McLennan Cos., Inc. (MMC) concluded trading on Wednesday at a closing price of $223.49, with 4.37 million shares of worth about $976.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.22% during that period and on October 23, 2024 the price saw a gain of about 0.74%. Currently the company’s common shares owned by public are about 492.01M shares, out of which, 490.69M shares are available for trading.
Stock saw a price change of -1.94% in past 5 days and over the past one month there was a price change of 0.11%. Year-to-date (YTD), MMC shares are showing a performance of 17.96% which increased to 19.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $184.02 but also hit the highest price of $232.32 during that period. The average intraday trading volume for Marsh & McLennan Cos., Inc. shares is 1.61 million. The stock is currently trading -0.23% below its 20-day simple moving average (SMA20), while that difference is down -0.84% for SMA50 and it goes to 6.02% higher than SMA200.
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Marsh & McLennan Cos., Inc. (NYSE: MMC) currently have 492.01M outstanding shares and institutions hold larger chunk of about 90.37% of that.
The stock has a current market capitalization of $109.76B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 27.56, while it has posted earnings per share of $8.11 in the same period. Its PEG reads 3.60 while making debt-to-equity ratio of 1.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MMC, volatility over the week remained 1.97% while standing at 1.53% over the month.
Stock’s fiscal year EPS is expected to rise by 9.27% while it is estimated to increase by 8.66% in next year. EPS is likely to shrink at an annualized rate of 7.66% for next 5-years, compared to annual growth of 18.44% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on September 05, 2024 offering an Equal weight rating for the stock and assigned a target price of $236 to it. Coverage by Piper Sandler stated Marsh & McLennan Cos., Inc. (MMC) stock as a Neutral in their note to investors on April 17, 2024, suggesting a price target of $211 for the stock. On April 11, 2024, Wells Fargo Downgrade their recommendations, while on January 10, 2024, TD Cowen Initiated their ratings for the stock with a price target of $189. Stock get a Sell rating from Goldman on January 08, 2024.
