Moelis & Company (MC) to Release Earnings on Wednesday

Moelis & Company (NYSE:MCGet Free Report) is expected to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Moelis & Company to post earnings of $0.39 per share and revenue of $348.79 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Moelis & Company Stock Up 2.2 %

NYSE:MC opened at $77.65 on Wednesday. The company has a market cap of $5.82 billion, a P/E ratio of 146.51 and a beta of 1.39. The firm’s 50 day moving average is $75.10 and its two-hundred day moving average is $70.17. Moelis & Company has a fifty-two week low of $46.24 and a fifty-two week high of $81.60.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MC shares. Morgan Stanley upgraded Moelis & Company from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from $66.00 to $92.00 in a report on Monday, December 9th. UBS Group raised their price objective on Moelis & Company from $54.00 to $60.00 and gave the stock a “sell” rating in a report on Tuesday, October 8th. Keefe, Bruyette & Woods raised Moelis & Company from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $71.00 to $86.00 in a research note on Friday, December 20th. Finally, Wells Fargo & Company dropped their target price on shares of Moelis & Company from $78.00 to $77.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $70.67.

View Our Latest Report on MC

About Moelis & Company

(Get Free Report)

Moelis & Company operates as an investment banking advisory firm. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters, as well as strategic, capital structure, and private funds advisory.

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Earnings History for Moelis & Company (NYSE:MC)

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