Stocks of Morgan Stanley (NYSE:MS) traded higher last session on Wall Street, up 1.44% to $108.12.
MS stock price is now -12.64% away from the 50-day moving average and -7.27% away from the 200-day moving average. The market capitalization of the company currently stands at $174.38B.
On November 15, 2024, Wells Fargo Upgraded its previous ‘Underweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $142, while ‘HSBC Securities’ rates the stock as ‘Buy’
In other news, JAMES P GORMAN, Chairman Emeritus bought 50,000 shares of the company’s stock on Feb 27 ’25. The stock was bought for $6,600,000 at an average price of $132.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 24 ’25, Chairman Emeritus JAMES P GORMAN bought 100,000 shares of the business’s stock. A total of $13,000,000 was incurred on buying the stock at an average price of $130.00. A total of 23.62% of the company’s stock is owned by insiders.
During the past 12 months, Morgan Stanley has had a low of $85.01 and a high of $142.03. According to the stock market information, the enterprise value for the company is $70966943744, which is based on a 12.68 price-to-earnings ratio, a 1.50 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for MS is $123.7672 and a two-hundred day moving average price translates $116.59345 for the stock.
The latest earnings results from Morgan Stanley (NYSE: MS) was released for 2025-03-31. The net profit margin was 12.87% and return on equity was 13.88% for MS. The company reported revenue of $16.22 billion for the quarter, compared to $12.9 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.8 percent. For the current quarter, analysts expect MS to generate $15.94B in revenue.
