Morgan Stanley(US:MS) ZACKS·2024-07-10 23:05Company Performance - Morgan Stanley's stock closed at $103.46, reflecting a +0.83% change from the previous day, underperforming the S&P 500's gain of 1.02% [1] - Over the last month, Morgan Stanley's shares increased by 7.52%, outperforming the Finance sector's decline of 5.14% and the S&P 500's gain of 4.44% [1] - The upcoming earnings report is anticipated on July 16, 2024, with an expected EPS of $1.66, representing a 33.87% increase year-over-year, and revenue forecasted at $14.23 billion, indicating a 5.74% growth [1] Full Year Estimates - Analysts project full-year earnings of $6.83 per share and revenue of $57.84 billion, marking increases of +25.09% and +6.83% respectively from the previous year [2] - Recent shifts in analyst projections are crucial for investors, as positive revisions often reflect favorable business health and profitability outlooks [2] Valuation Metrics - Morgan Stanley currently has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 15.03, which is lower than the industry's average Forward P/E of 17.96 [3] - The company has a PEG ratio of 1.25, compared to the Financial - Investment Bank industry's average PEG ratio of 1.16 [3] Industry Overview - The Financial - Investment Bank industry is ranked 70 in the Zacks Industry Rank, placing it in the top 28% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]