Morgan Stanley (MS) ended the recent trading session at $104.57, demonstrating a +0.05% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.17% loss on the day. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.04%. Heading into today, shares of the investment bank had gained 4.36% over the past month, outpacing the Finance sector's loss of 0.26% and the S&P 500's gain of 1.25% in that time. Market participants will be closely following the financial results of ...

Just three weeks ago, European Central Bank (ECB) officials believed that a rate cut at the October 17 policy meeting was unlikely. However, the situation has changed dramatically, making a 25 basis point cut almost certain.Commercial survey results have significantly worsened, inflation data has dropped below 2% for the first time in over three years, and the Federal Reserve's shift to a more accommodating stance has provided additional assurance. These factors have pushed ECB policymakers to the brink of ...

Company Performance - Morgan Stanley (MS) closed at $104.12, reflecting a -0.46% change from the previous day, underperforming the S&P 500's loss of 0.13% [1] - Over the past month, shares of Morgan Stanley have increased by 1.95%, outperforming the Finance sector's gain of 1.5% but lagging behind the S&P 500's gain of 2.43% [1] - The upcoming earnings release on October 17, 2024, is projected to show an EPS of $1.64, representing an 18.84% increase year-over-year, with revenue expected at $14.38 billion, up 8.31% from the prior year [1] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $7.02 per share and revenue of $58.88 billion, indicating increases of +28.57% and +8.75% respectively from the previous year [2] - Recent changes to analyst estimates reflect optimism regarding Morgan Stanley's business and profitability, with positive revisions correlating with potential stock price performance [2] Valuation Metrics - Morgan Stanley has a Forward P/E ratio of 14.89, which is a discount compared to the industry's average Forward P/E of 17.49 [3] - The company holds a PEG ratio of 1.07, compared to the average PEG ratio for the Financial - Investment Bank industry, which is 1.22 [3] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 67, placing it in the top 27% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]

Company Overview - Morgan Stanley's stock closed at $102.47, showing no change from the previous trading day, underperforming the S&P 500 which gained 0.28% [1] - Over the past month, Morgan Stanley's shares increased by 0.57%, lagging behind the Finance sector's gain of 3.08% and the S&P 500's gain of 2% [1] Upcoming Earnings - The upcoming earnings report is scheduled for October 17, 2024, with an expected EPS of $1.65, indicating a 19.57% growth year-over-year [1] - Revenue is projected to be $14.38 billion, reflecting an 8.3% increase compared to the same quarter last year [1] Full Year Estimates - For the full year, analysts expect earnings of $7.03 per share and revenue of $58.88 billion, representing changes of +28.75% and +8.74% respectively from the previous year [2] - Recent analyst estimate revisions suggest a positive outlook for the company's business [2] Zacks Rank and Valuation - Morgan Stanley currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 14.57, which is lower than the industry's average of 17.06 [3] - The company has a PEG ratio of 1.05, compared to the industry average of 1.19 [3] Industry Context - The Financial - Investment Bank industry is ranked 63 in the Zacks Industry Rank, placing it in the top 25% of over 250 industries [4] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [4]

The most recent trading session ended with Morgan Stanley (MS) standing at $99.84, reflecting a -0.25% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.03% gain on the day. Meanwhile, the Dow lost 0.04%, and the Nasdaq, a tech-heavy index, added 0.2%.The the stock of investment bank has fallen by 1.63% in the past month, lagging the Finance sector's gain of 2.72% and the S&P 500's gain of 1.54%.Investors will be eagerly watching for the performance of Morgan Stanley in its ...

Micron is supposed to turn profitable again this year. But will it be profitable enough? Micron Technology (MU -4.62%) stock fell 3.9% through 10:30 a.m. ET Monday morning after investment bank Morgan Stanley dramatically slashed its price target on the computer memory maker. Up until today, Morgan Stanley had been saying Micron stock was worth $140 a share. Now, the banker believes Micron may be worth as little as $100. What Morgan Stanley said about Micron What changed? In today's note, Morgan Stanley ana ...

The shares of Morgan Stanley (NYSE: MS) are 1.8% lower in pre-market trading, after Goldman Sachs downgraded it to "neutral" from "buy," and lowered its price objective to $105 from $122. The analyst said it anticipates a shift in the investment banking cycle, in which other big-name banks will benefit.Coming into today, the majority of covering brokerages were hesitant towards MS. Of the 22 in coverage, 14 rated it a "hold" or worse, while eight still recommended a "strong buy." Plus, the 12-month average ...

Company Performance - Morgan Stanley (MS) closed at $96.62, reflecting a -1.59% change from the previous day, underperforming the S&P 500 which gained 0.45% [1] - Over the past month, shares of Morgan Stanley appreciated by 3.52%, underperforming the Finance sector's gain of 4.51% but outperforming the S&P 500's gain of 2.54% [1] - The upcoming earnings report on October 17, 2024, is expected to show earnings of $1.64 per share, representing a year-over-year growth of 18.84%, with revenue anticipated at $14.36 billion, up 8.21% from the prior-year quarter [1] Annual Estimates - For the annual period, Zacks Consensus Estimates project earnings of $7.03 per share and revenue of $58.86 billion, indicating increases of +28.75% and +8.72% respectively from the previous year [2] Analyst Sentiment - Recent changes to analyst estimates for Morgan Stanley are crucial as they reflect the evolving business landscape, with positive revisions indicating analyst optimism regarding the company's profitability [2] - The Zacks Rank system currently rates Morgan Stanley at 3 (Hold), with no changes in the consensus EPS estimate over the past month [3] Valuation Metrics - Morgan Stanley has a Forward P/E ratio of 13.97, which is a discount compared to the industry's average Forward P/E of 16.11 [3] - The company holds a PEG ratio of 1.01, compared to the average PEG ratio for the Financial - Investment Bank industry, which is 1.11 [3] Industry Context - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 96, placing it in the top 38% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]

Morgan Stanley (NYSE:MS) Barclays Global Financial Services Conference 2024 September 10, 2024 11:15 AM ET Company Participants Dan Simkowitz - Co-President Conference Call Participants Jason Goldberg - Barclays Capital Jason Goldberg I'm very pleased to have Morgan Stanley up next, Dan Simkowitz, Co-President, is with us. Before we begin this discussion may include forward-looking statements, which reflect Morgan Stanley's management's current estimates and subject to risks and uncertainties that may cause ...

In the latest trading session, Morgan Stanley (MS) closed at $102.20, marking a +0.12% move from the previous day. This change outpaced the S&P 500's 0.6% loss on the day. On the other hand, the Dow registered a loss of 0.39%, and the technology-centric Nasdaq decreased by 1.12%.The investment bank's stock has dropped by 1.62% in the past month, falling short of the Finance sector's gain of 2.41% and the S&P 500's gain of 3.15%.The investment community will be closely monitoring the performance of Morgan St ...