Marsh & McLennan Companies Inc. [NYSE: MMC] gained 0.48% or 0.66 points to close at $138.15 with a heavy trading volume of 1664212 shares. The company report on June 24, 2021 that Marsh McLennan to Host Second Quarter Earnings Investor Call on July 22.
Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, plans to announce second quarter financial results via news release on Thursday, July 22, 2021, before the market opens. The news release will also be available on mmc.com.
It opened the trading session at $137.60, the shares rose to $138.46 and dropped to $137.04, the range by which the price of stock traded the whole day. The daily chart for MMC points out that the company has recorded 20.76% gains over the past six months. However, it is still -35.3% lower than its most recent low trading price.
If we look at the average trading volume of 1.66M shares, MMC reached to a volume of 1664212 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 $138.23 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 2.80. 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.
Goldman have made an estimate for Marsh & McLennan Companies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 29, 2021. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $115 to $145. The new note on the price target was released on April 28, 2021, representing the official price target for Marsh & McLennan Companies Inc. stock. On January 11, 2021, analysts increased their price target for MMC shares from 120 to 130.
The Average True Range (ATR) for Marsh & McLennan Companies Inc. is set at 1.75, with the Price to Sales ratio for MMC stock in the period of the last 12 months amounting to 4.06. The Price to Book ratio for the last quarter was 7.46, with the Price to Cash per share for the same quarter was set at 2.16. Price to Free Cash Flow for MMC in the course of the last twelve months was 30.32 with Quick ratio for the last quarter at 1.20.
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 0.96. With this latest performance, MMC shares gained by 1.13% in over the last four-week period, additionally plugging by 20.76% over the last 6 months – not to mention a rise of 32.93% 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 55.00, with the RSI for the last a single of trading hit 53.86, and the three-weeks RSI is set at 57.03 for Marsh & McLennan Companies Inc. [MMC]. The present Moving Average for the last 50 days of trading for this stock 135.23, while it was recorded at 136.60 for the last single week of trading, and 120.19 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 +19.22. Marsh & McLennan Companies Inc.’s Net Margin is presently recorded at +11.72.
Return on Total Capital for MMC is now 14.69, given the latest momentum, and Return on Invested Capital for the company is 9.54. Return on Equity for this stock inclined to 23.86, with Return on Assets sitting at 6.26. 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 149.15. Additionally, MMC Total Debt to Total Capital is recorded at 59.86, with Total Debt to Total Assets ending up at 41.09. Long-Term Debt to Equity for the company is recorded at 139.72, with the Long-Term Debt to Total Capital now at 56.08.
Reflecting on the efficiency of the workforce at the company, Marsh & McLennan Companies Inc. [MMC] managed to generate an average of $26,526 per employee. Receivables Turnover for the company is 3.26 with a Total Asset Turnover recorded at a value of 0.53.Marsh & McLennan Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
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 1.32/share EPS, while the average EPS was predicted by analysts to be reported at 1.13/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.80%. 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 11.24%.
An analysis of insider ownership at Marsh & McLennan Companies Inc. [MMC]
There are presently around $62,241 million, or 90.00% of MMC stock, in the hands of institutional investors. The top three institutional holders of MMC stocks are: VANGUARD GROUP INC with ownership of 41,610,092, which is approximately -0.967% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 40,890,688 shares of the stock with an approximate value of $5.65 billion in MMC stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $4.7 billion in MMC stock with ownership of nearly 3.034% of the company’s market capitalization.
Positions in Marsh & McLennan Companies Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 467 institutional holders increased their position in Marsh & McLennan Companies Inc. [NYSE:MMC] by around 20,053,208 shares. Additionally, 424 investors decreased positions by around 15,530,409 shares, while 169 investors held positions by with 414,949,333 shares. The mentioned changes placed institutional holdings at 450,532,950 shares, according to the latest SEC report filing. MMC stock had 88 new institutional investments in for a total of 1,261,916 shares, while 82 institutional investors sold positions of 2,779,129 shares during the same period.