Moody’s (MCO) Expected to Announce Earnings on Thursday

Moody’s (NYSE:MCO) is anticipated to release its earnings data before the market opens on Thursday, February 13th. Analysts expect Moody’s to post earnings of $2.27 per share and revenue of $1.70 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Moody’s Stock Performance

MCO opened at $504.03 on Tuesday. Moody’s has a 1-year low of $360.05 and a 1-year high of $506.27. The stock has a market cap of $91.33 billion, a P/E ratio of 46.03, a P/E/G ratio of 2.93 and a beta of 1.31. The stock’s 50 day simple moving average is $482.99 and its 200 day simple moving average is $476.68. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.67 and a quick ratio of 1.67.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. BMO Capital Markets lifted their price target on Moody’s from $468.00 to $481.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 21st. Morgan Stanley lifted their target price on shares of Moody’s from $462.00 to $481.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Robert W. Baird increased their price target on shares of Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Citigroup initiated coverage on Moody’s in a research note on Friday, December 20th. They issued a “buy” rating and a $565.00 target price on the stock. Finally, StockNews.com raised Moody’s from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $507.36.

Insider Transactions at Moody’s

In related news, CEO Robert Fauber sold 281 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $474.86, for a total value of $133,435.66. Following the transaction, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at approximately $29,390,984.84. This trade represents a 0.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 1,124 shares of company stock worth $540,051 in the last three months. Company insiders own 0.07% of the company’s stock.

Moody’s Company Profile

Moody’s Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.