Currently, there are 70.59M common shares owned by the public and among those 70.33M shares have been available to trade.
The company’s stock has a 5-day price change of -3.62% and -1.27% over the past three months. MC shares are trading 2.80% year to date (YTD), with the 12-month market performance up to 41.62% higher. It has a 12-month low price of $46.24 and touched a high of $82.89 over the same period. MC has an average intraday trading volume of 652.09K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.43%, 0.32%, and 13.85% respectively.
Institutional ownership of Moelis & Co (NYSE: MC) shares accounts for 99.33% of the company’s 70.59M shares outstanding.
It has a market capitalization of $5.36B and a beta (3y monthly) value of 1.41. The stock’s trailing 12-month PE ratio is 43.06, while the earnings-per-share (ttm) stands at $1.76. The company has a PEG of 1.44 and the debt-to-equity ratio at 0.58. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.50% over the week and 2.76% over the month.
Earnings per share for the fiscal year are expected to increase by 59.00%, and 27.46% over the next financial year. EPS should grow at an annualized rate of 29.80% over the next five years, compared to -1.23% over the past 5-year period.
Looking at the support for the MC, a number of firms have released research notes about the stock. Keefe Bruyette stated their Outperform rating for the stock in a research note on December 20, 2024, with the firm’s price target at $71-$86. Morgan Stanley coverage for the Moelis & Co (MC) stock in a research note released on December 09, 2024 offered a Overweight rating with a price target of $92. Wells Fargo was of a view on September 12, 2024 that the stock is Equal Weight, while Goldman gave the stock Neutral rating on March 13, 2024, issuing a price target of $53- $58. Keefe Bruyette on their part issued Mkt Perform rating on January 29, 2024.
