Marsh & McLennan Companies Inc. [MMC] Is Currently 1.74 below its 200 Period Moving Avg: What Dose This Mean?

Marsh & McLennan Companies Inc. [NYSE: MMC] gained 1.74% or 2.02 points to close at $117.80 with a heavy trading volume of 1199337 shares. The company report on August 31, 2020 that Mercer’s Bundled Retirement Plan Solution Mercer Wise 401(k) Passes $1 Billion in AUM.

Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh & McLennan (NYSE: MMC), announces that its retirement plan solution, Mercer Wise 401(k), has exceeded $1 billion in assets under management1.

Launched in 2017, Mercer Wise 401(k) is a bundled solution seeking to improve participant outcomes while reducing plan sponsors’ administrative burdens and fiduciary risk. This fully outsourced 401(k) solution enables Mercer to take responsibility for investment decisions within each plan as well as serving as named fiduciary under ERISA. Mercer also assumes responsibility for both administrative and operating functions on behalf of plan sponsors, which may often reduce costs for plan sponsors and lower fees and improve outcomes for participants.

It opened the trading session at $116.84, the shares rose to $118.04 and dropped to $116.47, the range by which the price of stock traded the whole day. The daily chart for MMC points out that the company has recorded 34.08% gains over the past six months. However, it is still -58.48% lower than its most recent low trading price.

If we look at the average trading volume of 1.65M shares, MMC reached to a volume of 1199337 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Marsh & McLennan Companies Inc. [MMC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MMC shares is $107.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MMC stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Marsh & McLennan Companies Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on August 21, 2020. The new note on the price target was released on May 12, 2020, representing the official price target for Marsh & McLennan Companies Inc. stock. Previously, the target price had yet another drop from $117 to $100, while Goldman kept a Buy rating on MMC stock.

The Average True Range (ATR) for Marsh & McLennan Companies Inc. is set at 2.39, with the Price to Sales ratio for MMC stock in the period of the last 12 months amounting to 3.49. The Price to Book ratio for the last quarter was 7.24, with the Price to Cash per share for the same quarter was set at 3.38. Price to Free Cash Flow for MMC in the course of the last twelve months was 45.69 with Quick ratio for the last quarter at 1.40.

Trading performance analysis for MMC stock

Marsh & McLennan Companies Inc. [MMC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.07. With this latest performance, MMC shares gained by 0.55% in over the last four-week period, additionally plugging by 34.08% over the last 6 months – not to mention a rise of 17.99% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MMC stock in for the last two-week period is set at 57.72, with the RSI for the last a single of trading hit 59.09, and the three-weeks RSI is set at 56.88 for Marsh & McLennan Companies Inc. [MMC]. The present Moving Average for the last 50 days of trading for this stock 114.59, while it was recorded at 115.88 for the last single week of trading, and 107.30 for the last 200 days.

Marsh & McLennan Companies Inc. [MMC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Marsh & McLennan Companies Inc. [MMC] shares currently have an operating margin of +15.43. Marsh & McLennan Companies Inc.’s Net Margin is presently recorded at +10.45.

Return on Total Capital for MMC is now 14.46, given the latest momentum, and Return on Invested Capital for the company is 10.41. Return on Equity for this stock inclined to 22.77, with Return on Assets sitting at 6.58. When it comes to the capital structure of this company, Marsh & McLennan Companies Inc. [MMC] has a Total Debt to Total Equity ratio set at 182.52. Additionally, MMC Total Debt to Total Capital is recorded at 64.60, with Total Debt to Total Assets ending up at 45.36. Long-Term Debt to Equity for the company is recorded at 162.54, with the Long-Term Debt to Total Capital now at 57.53.

Reflecting on the efficiency of the workforce at the company, Marsh & McLennan Companies Inc. [MMC] managed to generate an average of $22,921 per employee. Receivables Turnover for the company is 3.49 with a Total Asset Turnover recorded at a value of 0.63.Marsh & McLennan Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.

Marsh & McLennan Companies Inc. [MMC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Marsh & McLennan Companies Inc. posted 0.77/share EPS, while the average EPS was predicted by analysts to be reported at 0.7/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marsh & McLennan Companies Inc. go to 4.87%.

An analysis of insider ownership at Marsh & McLennan Companies Inc. [MMC]

There are presently around $52,786 million, or 90.70% of MMC stock, in the hands of institutional investors. The top three institutional holders of MMC stocks are: VANGUARD GROUP INC with ownership of 43,606,490, which is approximately 8.922% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 40,581,898 shares of the stock with an approximate value of $4.78 billion in MMC stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $4.17 billion in MMC stock with ownership of nearly 1.263% of the company’s market capitalization.

Positions in Marsh & McLennan Companies Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 437 institutional holders increased their position in Marsh & McLennan Companies Inc. [NYSE:MMC] by around 24,716,645 shares. Additionally, 393 investors decreased positions by around 24,425,297 shares, while 155 investors held positions by with 398,953,262 shares. The mentioned changes placed institutional holdings at 448,095,204 shares, according to the latest SEC report filing. MMC stock had 104 new institutional investments in for a total of 2,064,959 shares, while 68 institutional investors sold positions of 1,534,322 shares during the same period.

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