With 5.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.04 million shares. The 52-week range on MS shows that it touched its highest point at $142.03 and its lowest point at $90.94 during that stretch. It currently has a 1-year price target of $124.23. With its current market cap of 207.52 billion, MS has annualized dividend of $3.70 while the current yield stands at 2.86%. Beta for the stock currently stands at 1.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MS was up-trending over the past week, with a rise of 9.31%, but this was up by 19.64% over a month. Three-month performance dropped to -6.13% while six-month performance rose 0.71%. The stock gained 31.84% in the past year, while it has gained 2.89% so far this year. A look at the trailing 12-month EPS for MS yields 8.52 with Next year EPS estimates of 9.27. For the next quarter, that number is 2.07. This implies an EPS growth rate of 8.82% for this year and 7.12% for next year. EPS is expected to grow by 8.19% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.89%.
Float and Shares Shorts:
At present, 1.61 billion MS shares are outstanding with a float of 1.23 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MS since 19 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.59664 being high and $7.2268 being low. For MS, this leads to a yearly average estimate of $7.41672. Based on analyst estimates, the high estimate for the next quarter is $2.2 and the low estimate is $1.84. The average estimate for the next quarter is thus $1.99.
