Morgan Stanley stock closes down 0.22% while market gains, but analysts are optimistic

From Nasdaq: 2024-11-22 17:50:03

Morgan Stanley’s stock closed at $134.69, down 0.22% from the previous session, trailing behind S&P 500’s 0.35% gain. The company has seen a 13.27% increase in shares over the last month, outperforming the Finance sector and S&P 500. Earnings report set for January 16, 2025, with projected EPS of $1.54 and revenue of $14.55 billion.

Analysts are optimistic about Morgan Stanley’s earnings, expecting a 36.28% increase in EPS compared to the previous year. Full-year estimates predict earnings of $7.32 per share and revenue of $60.07 billion, showing positive year-over-year changes. Zacks Rank of #2 (Buy) indicates analyst confidence. Forward P/E ratio of 18.43 suggests premium trading.

Morgan Stanley’s industry, Financial – Investment Bank, ranks in the top 17% of all industries, with a Zacks Industry Rank of 41. The company’s PEG ratio of 1.25 and industry average of 1.54 indicate growth potential. Analyst estimate revisions can impact stock performance, with Zacks Rank offering actionable insights for investors. Stay updated on stock metrics through Zacks.com.

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Read more at Nasdaq: Morgan Stanley (MS) Stock Dips While Market Gains: Key Facts