On Friday, Marsh & McLennan Cos., Inc (NYSE: MMC) opened higher 0.62% from the last session, before settling in for the closing price of $226.00. Price fluctuations for MMC have ranged from $194.50 to $235.50 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 8.05% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.52% at the time writing. With a float of $489.71 million, this company’s outstanding shares have now reached $491.00 million.
In an organization with 85000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 57.62%, operating margin of 24.84%, and the pretax margin is 22.4%.
Marsh & McLennan Cos., Inc (MMC) Insider Updates
A key investor’s attitude towards the stock of the Insurance Brokers industry is another important factor to consider. The insider ownership of Marsh & McLennan Cos., Inc is 0.09%, while institutional ownership is 90.42%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.95% during the next five years compared to 19.13% growth over the previous five years of trading.
Marsh & McLennan Cos., Inc (NYSE: MMC) Trading Performance Indicators
Check out the current performance indicators for Marsh & McLennan Cos., Inc (MMC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.57. Likewise, its price to free cash flow for the trailing twelve months is 26.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.18, a number that is poised to hit 3.07 in the next quarter and is forecasted to reach 10.52 in one year’s time.
Technical Analysis of Marsh & McLennan Cos., Inc (MMC)
Let’s dig in a bit further. During the last 5-days, its volume was 3.0 million. That was better than the volume of 2.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 94.03%. Additionally, its Average True Range was 3.71.
During the past 100 days, Marsh & McLennan Cos., Inc’s (MMC) raw stochastic average was set at 71.37%, which indicates a significant decrease from 95.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.33% in the past 14 days, which was higher than the 14.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $218.35, while its 200-day Moving Average is $217.76. However, in the short run, Marsh & McLennan Cos., Inc’s stock first resistance to watch stands at $228.40. Second resistance stands at $229.40. The third major resistance level sits at $230.78. If the price goes on to break the first support level at $226.02, it is likely to go to the next support level at $224.64. Assuming the price breaks the second support level, the third support level stands at $223.64.
Marsh & McLennan Cos., Inc (NYSE: MMC) Key Stats
There are currently 491,122K shares outstanding in the company with a market cap of 111.68 billion. Presently, the company’s annual sales total 24,458 M according to its annual income of 4,060 M. Last quarter, the company’s sales amounted to 6,067 M and its income totaled 788,000 K.
