Moody’s (NYSE:MCO) Earns Daily News Impact Rating of -5.00

Media coverage about Moody’s (NYSE:MCO) has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Moody’s earned a news impact score of -5.00 on their scale. InfoTrie also gave news headlines about the business services provider an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Moody’s’ ranking:

Several brokerages recently commented on MCO. Argus lifted their target price on shares of Moody’s to $240.00 and gave the stock a “buy” rating in a research note on Monday, August 5th. ValuEngine downgraded shares of Moody’s from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. lifted their target price on shares of Moody’s from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, August 1st. UBS Group raised shares of Moody’s from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $215.00 to $245.00 in a research note on Monday, October 7th. Finally, Barclays reaffirmed a “buy” rating on shares of Moody’s in a research note on Sunday, August 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $204.09.

NYSE:MCO opened at $214.10 on Friday. The stock has a market cap of $40.51 billion, a P/E ratio of 28.97, a price-to-earnings-growth ratio of 2.60 and a beta of 1.24. The firm’s fifty day simple moving average is $211.86 and its 200 day simple moving average is $199.27. Moody’s has a twelve month low of $129.26 and a twelve month high of $222.85. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 10.04.

Moody’s (NYSE:MCO) last released its quarterly earnings results on Wednesday, July 31st. The business services provider reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.09. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Moody’s had a net margin of 27.66% and a return on equity of 266.42%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.04 earnings per share. On average, analysts expect that Moody’s will post 8.05 EPS for the current fiscal year.

In other news, insider Mark Almeida sold 27,236 shares of the business’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $207.06, for a total transaction of $5,639,486.16. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Robert Fauber sold 3,721 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $212.71, for a total transaction of $791,493.91. Following the sale, the insider now owns 48,382 shares in the company, valued at approximately $10,291,335.22. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,457 shares of company stock worth $8,027,655. 0.90% of the stock is currently owned by company insiders.

Moody’s Company Profile

Moody's Corporation provides credit ratings; and credit, capital markets, and economic research, data, and analytical tools worldwide. It operates through two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations, such as various corporate and governmental obligations, structured finance securities, and commercial paper programs.

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