Morgan Stanley(MS)

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Morgan Stanley (MS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-27 22:56
Morgan Stanley (MS) closed at $104.12 in the latest trading session, marking a -0.46% move from the prior day. This move lagged the S&P 500's daily loss of 0.13%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.39%.Shares of the investment bank have appreciated by 1.95% over the course of the past month, outperforming the Finance sector's gain of 1.5% and lagging the S&P 500's gain of 2.43%.The investment community will be paying close attention to the ...
Morgan Stanley (MS) Flat As Market Gains: What You Should Know
ZACKS· 2024-09-23 23:06
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]
Morgan Stanley (MS) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-09-17 22:56
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 ...
Why Micron Stock Dropped 4% Today
The Motley Fool· 2024-09-16 15:48
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 ...
Analyst Downgrades Morgan Stanley Stock
Schaeffers Investment Research· 2024-09-11 13:18
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 ...
Morgan Stanley (MS) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-10 22:55
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 (MS) Barclays Global Financial Services Conference 2024 (Transcript)
2024-09-10 19:06
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 ...
Morgan Stanley (MS) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-08-28 22:50
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 ...
Morgan Stanley's (MS) Expansion Efforts Aid, High Costs a Woe
ZACKS· 2024-08-08 12:12
Morgan Stanley (MS) has been continuously making efforts through strategic expansion initiatives to focus on operations that are less capital markets dependent. However, persistently rising expenses and the uncertain performance of the trading business are concerns.Morgan Stanley’s strategic buyouts, which aim to increase dependence on reliable revenue sources, are commendable. Driven by these efforts, its Wealth Management ("WM") and Investment Management ("IM") segments’ aggregate contribution to net reve ...
Morgan Stanley(MS) - 2024 Q2 - Quarterly Report
2024-08-05 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Commission File Number 1-11758 (Exact name of Registrant as specified in its charter) | --- | --- | --- | --- | |---------------------------------------------------------------|----------------------------------------------------|--------------------------------------|---------------------------- ...