Marsh & McLennan Cos., Inc (NYSE: MMC) on Tuesday, soared 0.03% from the previous trading day, before settling in for the closing price of $213.12. Within the past 52 weeks, MMC’s price has moved between $184.28 and $235.50.
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Annual sales at Financial sector company grew by 8.88% over the past five years. The company achieved an average annual earnings per share of 9.02%. With a float of $490.71 million, this company’s outstanding shares have now reached $491.03 million.
Let’s look at the performance matrix of the company that is accounted for 85000 employees. In terms of profitability, gross margin is 43.07%, operating margin of 25.21%, and the pretax margin is 23.05%.
Marsh & McLennan Cos., Inc (MMC) Insider and Institutional Ownership
Observing investor behavior towards Insurance Brokers industry stocks is more important than anything else. The insider ownership of Marsh & McLennan Cos., Inc is 0.08%, while institutional ownership is 89.91%. The most recent insider transaction that took place on Oct 30 ’24, was worth 553,875. In this transaction Director of this company sold 2,500 shares at a rate of $221.55, taking the stock ownership to the 48,549 shares. Before that another transaction happened on Oct 31 ’24, when Company’s Director sold 2,500 for $220.54, making the entire transaction worth $551,350. This insider now owns 46,049 shares in total.
Marsh & McLennan Cos., Inc (MMC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 9.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.78% 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
Marsh & McLennan Cos., Inc (MMC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.37. Likewise, its price to free cash flow for the trailing twelve months is 27.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.11, a number that is poised to hit 1.77 in the next quarter and is forecasted to reach 9.54 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 2.0 million, a positive change from its year-to-date volume of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 7.07%. Additionally, its Average True Range was 3.43.
During the past 100 days, Marsh & McLennan Cos., Inc’s (MMC) raw stochastic average was set at 8.23%, which indicates a significant increase from 8.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.89% in the past 14 days, which was lower than the 14.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $223.57, while its 200-day Moving Average is $215.67. Nevertheless, the first resistance level for the watch stands at $214.13 in the near term. At $215.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $216.55. If the price goes on to break the first support level at $211.71, it is likely to go to the next support level at $210.23. The third support level lies at $209.28 if the price breaches the second support level.
Marsh & McLennan Cos., Inc (NYSE: MMC) Key Stats
Market capitalization of the company is 104.70 billion based on 491,122K outstanding shares. Right now, sales total 22,736 M and income totals 3,756 M. The company made 5,697 M in profit during its latest quarter, and 747,000 K in sales during its previous quarter.
