Analyst Ratings for Morgan Stanley
As of November 20, 2023, analysts have weighed in on Morgan Stanley (NYSE: MS) and their sentiment towards the stock ranges from bullish to bearish. Here is a breakdown of the ratings:
– Bullish: 1
– Somewhat Bullish: 6
– Indifferent: 4
– Somewhat Bearish: 0
– Bearish: 0
These ratings offer a glimpse into the analysts’ opinions on Morgan Stanley’s future performance.
The average price target for Morgan Stanley is $93.47, suggesting a potential increase from the current price of $79.8. However, it is important to note that this average price target represents a 7.85% decrease from the previous average price target of $101.43.
Understanding Analyst Ratings
Analyst ratings are evaluations provided by experts in the banking and financial sectors. These specialists gather information from various sources, including company conference calls, financial statements, and conversations with insiders, to form their opinions. It is crucial to remember that analysts are human and their ratings are ultimately subjective opinions.
To access the latest analyst estimates and ratings for Morgan Stanley, investors can visit financial websites such as Tipranks, MarketWatch, Wall Street Journal, Nasdaq, and Barron’s. These platforms offer valuable insights into average price targets, recommendations, and historical stock prices, enabling investors to stay informed about the stock’s performance and the sentiment of analysts.
By staying up-to-date with analyst ratings, investors can make more informed decisions regarding their investments in Morgan Stanley.
Morgan Stanley
MS
Strong Buy
Updated on: 30/11/2023
Financial Health
Very Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
Morgan Stanley Stock Performance Analysis: November 20, 2023 and Future Outlook
On November 20, 2023, the stock performance of Morgan Stanley (MS) showed some interesting trends. Let’s delve into the details and analyze the factors that may have influenced the stock’s performance on that day.
To begin with, the previous close of MS stock was $80.28. However, the stock opened slightly lower at $80.05 on November 20th. Throughout the trading day, the stock fluctuated within a range of $79.34 to $80.19. The volume of shares traded on that day was 1,615,113, which is significantly lower than the average volume of 7,869,697 over the past three months.
Morgan Stanley, with a market capitalization of $130.7 billion, operates in the finance sector, specifically in the investment banks/brokers industry. The company’s financials reveal some interesting figures. In terms of earnings growth, Morgan Stanley experienced a decline of 23.62% last year and a further decrease of 6.93% this year. However, there is a positive outlook for the next five years, with an expected earnings growth of 3.64%.
On the revenue front, Morgan Stanley witnessed a growth rate of 7.56% last year. This indicates that the company has been able to generate more revenue, which is a positive sign for investors. The price-to-earnings (P/E) ratio of Morgan Stanley stands at 14.3, which suggests that the stock is reasonably priced compared to its earnings.
When comparing Morgan Stanley to its peers in the industry, we see mixed performances. Goldman Sachs (GS) showed a slight increase of 0.54%, while Charles Schwab (SCHW) experienced a decrease of 0.37%. Interactive Brokers (IBKR) had a marginal increase of 0.08%, and Raymond James Financial (RJF) suffered a decline of 0.59%. These fluctuations among industry competitors indicate that the market conditions on November 20th may have affected MS stock similarly to its peers.
Looking ahead, Morgan Stanley’s next reporting date is scheduled for January 16, 2024. Analysts forecast an earnings per share (EPS) of $1.48 for the upcoming quarter. Additionally, the company reported an annual revenue of $66.0 billion and a profit of $11.0 billion last year, with a net profit margin of 16.71%.
In conclusion, on November 20, 2023, Morgan Stanley’s stock experienced slight fluctuations within a narrow range. The stock’s performance was influenced by factors such as the overall market conditions and the performance of its peers in the investment banks/brokers industry. Although the company’s earnings growth has been negative in recent years, there is optimism for the future with a projected earnings growth of 3.64% over the next five years. Investors should closely monitor Morgan Stanley’s upcoming earnings report on January 16, 2024, to gain further insights into the company’s financial performance.
Morgan Stanley Stock Performance: Positive Outlook and Strong Financials
On November 20, 2023, Morgan Stanley’s stock performance was closely watched by investors and analysts. According to data from CNN Money, the 21 analysts offering 12-month price forecasts for Morgan Stanley had a median target of $90.00, with a high estimate of $110.00 and a low estimate of $73.60. This median estimate represented a +12.38% increase from the last price of $80.08.
The consensus among 27 polled investment analysts was to buy stock in Morgan Stanley. This rating had remained steady since November when it was upgraded from a hold rating. This suggests that analysts were optimistic about the company’s future prospects and believed that the stock had the potential for growth.
In terms of financial performance, Morgan Stanley reported earnings per share of $1.48 for the current quarter. This indicates the profitability of the company and its ability to generate earnings for its shareholders. Additionally, the company reported sales of $13.6 billion, highlighting its strong revenue generation.
Investors and analysts were eagerly awaiting the reporting date for Morgan Stanley’s financial results, which was scheduled for January 16. This would provide further insights into the company’s performance and help investors make informed decisions about their investments.
Overall, the outlook for Morgan Stanley’s stock performance on November 20, 2023, was positive. The median target price of $90.00 indicated a potential increase of 12.38% from the last price, and the consensus among analysts was to buy the stock. With strong financial performance and an upcoming earnings report, investors were likely keeping a close eye on Morgan Stanley’s stock.
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