On Tuesday, Marsh & McLennan Cos., Inc. (NYSE: MMC) was -0.10% drop from the session before settling in for the closing price of $222.06. A 52-week range for MMC has been $184.02 – $232.32.
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Annual sales at Financial sector company grew by 8.88% over the past five years. When this article was written, the company’s average yearly earnings per share was at 9.30%. With a float of $490.69 million, this company’s outstanding shares have now reached $492.01 million.
Let’s look at the performance matrix of the company that is accounted for 85000 employees. In terms of profitability, gross margin is 28.52%, operating margin of 24.13%, and the pretax margin is 23.05%.
Marsh & McLennan Cos., Inc. (MMC) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Marsh & McLennan Cos., Inc. stocks. The insider ownership of Marsh & McLennan Cos., Inc. is 0.09%, while institutional ownership is 90.37%. The most recent insider transaction that took place on Sep 05 ’24, was worth 503,208. In this transaction SVP, Chief Information Officer of this company sold 2,169 shares at a rate of $232.00, taking the stock ownership to the 10,692 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Officer proposed sale 2,169 for $232.00, making the entire transaction worth $503,208.
Marsh & McLennan Cos., Inc. (MMC) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.68 earnings per share (EPS) during the time that was better than consensus figure (set at 1.63) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.66% during the next five years compared to 18.44% growth over the previous five years of trading.
Marsh & McLennan Cos., Inc. (NYSE: MMC) Trading Performance Indicators
You can see what Marsh & McLennan Cos., Inc. (MMC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.55. Likewise, its price to free cash flow for the trailing twelve months is 28.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.11, a number that is poised to hit 1.80 in the next quarter and is forecasted to reach 9.49 in one year’s time.
Technical Analysis of Marsh & McLennan Cos., Inc. (MMC)
Marsh & McLennan Cos., Inc. (NYSE: MMC) saw its 5-day average volume 1.87 million, a positive change from its year-to-date volume of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 19.26%. Additionally, its Average True Range was 3.65.
During the past 100 days, Marsh & McLennan Cos., Inc.’s (MMC) raw stochastic average was set at 62.53%, which indicates a significant increase from 21.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.82% in the past 14 days, which was higher than the 13.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $225.27, while its 200-day Moving Average is $210.64. Nevertheless, the first resistance level for the watch stands at $222.92 in the near term. At $224.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $225.69. If the price goes on to break the first support level at $220.15, it is likely to go to the next support level at $218.46. The third support level lies at $217.38 if the price breaches the second support level.
Marsh & McLennan Cos., Inc. (NYSE: MMC) Key Stats
There are 492,724K outstanding shares of the company, which has a market capitalization of 108.95 billion. As of now, sales total 22,736 M while income totals 3,756 M. Its latest quarter income was 5,697 M while its last quarter net income were 747,000 K.
