Moelis & Company with ticker code (MC) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price High/Low ranges between 41 and 30 with the average target price sitting at $34.80. Given that the stocks previous close was at $38.60 this indicates there is a potential downside of -9.8%. Also worth taking note is the 50 day moving average now sits at $44.02 while the 200 day moving average is $42.00. The company has a market cap of $2,666m. Visit the company website at: https://www.moelis.com
The potential market cap would be $2,404m based on the market consensus.
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Moelis & Company operates as an investment banking advisory firm. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The company offers its services to public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds. The company serves its clients in North and South America, Europe, the Middle East, Asia, and Australia. It has strategic alliances in Mexico with Alfaro, Dávila y Scherer, S.C.; and in Australia with MA Financial Group Limited. The company was founded in 2007 and is headquartered in New York, New York.
The company has a dividend yield of 6.33% with the ex dividend date set at 17-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.8, revenue per share of 14.98 and a 12.17% return on assets.