Moody’s Corporation (MCO) operates as an integrated risk assessment firm with a market cap of $91.5 billion, providing credit ratings, research, data, and analytical tools. MCO shares have underperformed the market, gaining 5.4% over the past year. The company reported Q2 revenue of $1.9 billion and adjusted EPS of $3.56, up 4.5% and 8.5% year over year, respectively.
Analysts expect MCO’s EPS to grow 11.2% to $13.86 for the current fiscal year, with a history of beating consensus estimates in the last four quarters. Among 24 analysts covering MCO, the consensus is a “Moderate Buy.” Evercore ISI analyst David Motemaden maintained a “Buy” rating on MCO with a price target of $531, implying a 4.1% upside potential.
The mean price target of $544.35 represents a 6.7% premium to MCO’s current price levels, with a Street-high price target of $595 suggesting a 16.7% upside potential. This configuration is less bullish than a month ago, with 12 analysts previously suggesting a “Strong Buy.”
Read more at Yahoo Finance: Moody’s Stock: Analyst Estimates & Ratings
