Morgan Stanley(US:MS) ZACKS·2024-12-11 23:55Company Overview - Morgan Stanley's recent trading session ended at $127.59, reflecting a +0.63% change from the previous day's close, which lagged behind the S&P 500's gain of 0.82% [1] - Over the past month, Morgan Stanley shares have decreased by 4.17%, underperforming the Finance sector's gain of 0.44% and the S&P 500's gain of 0.8% [1] Upcoming Earnings - Morgan Stanley is set to announce its earnings on January 16, 2025, with an anticipated EPS of $1.54, representing a 36.28% increase compared to the same quarter last year [2] - The consensus estimate for revenue is projected at $14.55 billion, indicating a 12.82% growth year-over-year [2] Full Year Projections - For the full year, earnings are projected at $7.32 per share and revenue at $60.07 billion, reflecting increases of +34.07% and +10.95% respectively from the previous year [3] - Recent changes to analyst estimates for Morgan Stanley suggest a positive outlook on the company's business and profitability [3] Analyst Ratings - The Zacks Rank system currently rates Morgan Stanley as 2 (Buy), with an average annual return of +25% for 1 stocks since 1988 [5] - Over the past month, the Zacks Consensus EPS estimate has increased by 0.02% [5] Valuation Metrics - Morgan Stanley has a Forward P/E ratio of 17.31, which is slightly above the industry's average Forward P/E of 17.25 [6] - The company has a PEG ratio of 1.18, compared to the industry's average PEG ratio of 1.47 [6] Industry Context - The Financial - Investment Bank industry is currently ranked 44 in the Zacks Industry Rank, placing it in the top 18% of over 250 industries [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]