Should Investors Trust The Upside Potential In Morgan Stanley (MS)?

money audit

Morgan Stanley (NYSE:MS) currently has a daily average trading volume of 8.10M but it saw 10945079 shares traded in last market. With a market cap of 171.90B USD, the company’s current market price of $106.58 came falling about -4.58 while comparing to the previous closing price of $111.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $142.03 and as low as $85.01. In the recent trading on the day, stock has struck highest price mark of $103.41 while lowest mark touched by it was $108.87.

Taking a look at 20-day trading activity of Morgan Stanley (MS) gives us an average price of $114.84, while its current price level is -24.96% below from 52-week high level whereas it is 25.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $124.40 while that of 200 days or SMA-200 reads an average of $116.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.53% during that period while stretching the period over a month that decreases to 4.73%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.68 which implies that the stock is in neutral territory.

Wells Fargo upgraded its recommendation for the stock as a “Equal Weight” from “Underweight” on November 15, 2024 while assigning a price target of $142. HSBC Securities issued its recommendations for the stock as it upgraded the price target for the stock is $118.

Over the week, MS’s stock price is moving -1.25% down while it is -6.51% when we observe its performance for the past one month. Year-to-date it is -15.22% down and over the past year, the stock is showing an upside performance of 13.29%.

The company is expected to be releasing its next quarterly report on 2025-Jan-15, for which analysts forecasted an EPS of 2.19 while estimate for next year EPS is 8.45. In next quarter, company is expected to be making quarterly sales of $16.1B as analysts are expecting the sales for current fiscal year at $65.12B and seeing the company making $68.9B in sales next year. Moreover, analysts are in estimates of $16.55B for current-quarter revenue.

Currently, Morgan Stanley’s total number of outstanding shares is 1.61B with 23.64% of that held by the insiders while 62.09% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.41% and return on equity (ROE) at 13.16%. It has a price to earnings ratio (P/E ratio) of 13.41 while having a 11.47 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.81 while price to sale or P/S ratio amounts to 1.66. Its return on asset (ROA) is 1.11% on average.