Global Updates

Share Performance and Target Price Review: Morgan Stanley (NYSE:MS)

Morgan Stanley (NYSE:MS) shares traded 0.85% during the most recent session the stock exchanged hands 7,371,622 shares versus average trading capacity of 11.57M shares, yielding a market cap of $81.71B. Wall Street analysts covering the stock are projecting that the stock will reach $48.42 within the next 52-weeks. The mean target projections are based on 24 opinions, the mean target was last revised on 04/20/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Morgan Stanley (NYSE:MS) high price target of $60.00 and with a conservative view have low price target of $34.00 with a standard deviation of $7.75. If seeing target price from optimistic overview then it has a 37 percent upside potential from the latest closing price of $43.74.

Morgan Stanley (NYSE:MS) received “Upgrade” rating by Deutsche Bank in a research note issued to investors on Mar-29-17 from Hold to Buy from $43 to $47.

Additionally on Jan-11-17 Morgan Stanley (NYSE:MS) was “Upgraded” by Societe Generale from Sell to Buy and on Jan-03-17 the stock was “Reiterated” by Barclays from Equal Weight from $35 to $48. Furthermore on Oct-20-16 the stock was “Upgraded” by Guggenheim from Neutral to Buy.

On the other hand the company has Relative Strength Index (RSI 14) of 55.63 along with Average True Range (ATR 14) of 0.96, Consequently Morgan Stanley (NYSE:MS)’s weekly and monthly volatility is 1.42%, 1.87% respectively. The company’s beta value is at 1.83.

In terms of Buy, Sell or Hold recommendations, Morgan Stanley (NYSE:MS) has an analysts’ mean recommendation of 2.30. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Morgan Stanley (NYSE:MS) will report earnings of $0.85 for the current quarter on or around 7/19/17, however the company’s high EPS estimates are $0.9 and low estimates are $0.8. However the company reported $0.75 earnings per share for the same quarter during last year.

Previously Morgan Stanley (NYSE:MS) reported $1.00 earnings per share (EPS) for the quarter on 4/19/2017 Before Market Open, beating the consensus estimate of $0.90 by $0.10. The company posted an earnings surprise of 11.11%.

While considering growth estimates of the company, it has next quarter growth estimates of 3.70% whereas during current quarter it has 13.30% estimations over growth, comparing to the estimations of 18.80% during current year and 14.10% for next year. Past 5 years growth of Morgan Stanley (NYSE:MS) observed at 12.67%, looking forward for the next 5 years it has a strong prediction of 14.16% over growth.

Morgan Stanley (NYSE:MS)’s revenue estimates for the current quarter are $9.37B according to 14 number of analysts, for the current quarter the company has high revenue estimates of $9.62B in contradiction of low revenue estimates of $9.23B. For the current year the company’s revenue estimates are $37.4B compared to low analyst estimates of $35.91B and high estimates of $38.45B according 19 number of analysts.

Currently Morgan Stanley (NYSE:MS)’s shares owned by insiders are 0.20%, whereas shares owned by institutional owners are 65.00%. However the six-month change in the insider ownership was recorded -29.51%, as well as three-month change in the institutional ownership was recorded -0.05%.

Morgan Stanley (NYSE:MS) is trading -7.17% away from its 52 week high of $47.12 and +93.46% far from the stock’s low point over the past 52 weeks, which was $22.61. The stock hit its 52-week high on 03/08/17, and 52-week low on 06/27/16. The company’s trailing twelve month income is 5.51B dollars and is paying 1.83% dividend yield annually.

Morgan Stanley (NYSE:MS)’s trailing twelve month revenues are $37.95B, whereas its price to sales ratio for the same period is 2.14. Its book value per share for the most recent quarter is $36.99 while its price to book ratio for the same period is 1.18. The stock has a current PEG ratio of 1.06 where as its trailing twelve month P/E ratio is 14.96.

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