Moelis & Company (NYSE:MC – Get 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.
About Moelis & Company
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.
Featured Stories
- Five stocks we like better than Moelis & Company
- Investing in the High PE Growth Stocks
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- What Does the Future Hold for Eli Lilly?
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
Receive News & Ratings for Moelis & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moelis & Company and related companies with MarketBeat.com's FREE daily email newsletter.