Morgan Stanley (MS) Declines More Than Market: Some Information for Investors

Company Performance - Morgan Stanley's stock closed at $91.95, reflecting a -1.55% change from the previous day, underperforming the S&P 500's -0.14% [1] - Over the past month, Morgan Stanley's shares have increased by 8.79%, outperforming the Finance sector's 4.92% and the S&P 500's 5.34% [1] - The upcoming earnings report is scheduled for April 16, 2024, with expected EPS of $1.70, unchanged from the prior year, and a revenue estimate of $14.41 billion, indicating a 0.73% decrease year-over-year [1] Earnings Estimates - For the full year, earnings are projected at $6.33 per share and revenue at $56.64 billion, representing increases of +15.93% and +4.62% respectively from the prior year [2] - Recent changes in analyst estimates reflect near-term business trends, with positive revisions indicating optimism regarding the company's profitability [2] Valuation Metrics - Morgan Stanley has a Forward P/E ratio of 14.76, which is lower than the industry average of 17.81, indicating it is trading at a discount [3] - The company has a PEG ratio of 1.9, compared to the Financial - Investment Bank industry's average PEG ratio of 1.21 [3] Industry Overview - The Financial - Investment Bank industry is currently ranked 16 in the Zacks Industry Rank, placing it in the top 7% 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]