Equities research analysts expect Moody’s Co. (NYSE:MCO) to report $1.92 earnings per share for the current quarter, according to Zacks. Four analysts have made estimates for Moody’s’ earnings, with the highest EPS estimate coming in at $2.01 and the lowest estimate coming in at $1.86. Moody’s reported earnings per share of $1.63 during the same quarter last year, which suggests a positive year over year growth rate of 17.8%. The business is scheduled to issue its next quarterly earnings results before the market opens on Wednesday, February 12th.

According to Zacks, analysts expect that Moody’s will report full year earnings of $8.20 per share for the current financial year, with EPS estimates ranging from $8.15 to $8.30. For the next year, analysts expect that the company will post earnings of $9.04 per share, with EPS estimates ranging from $8.94 to $9.30. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Moody’s.

Moody’s (NYSE:MCO) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.15 EPS for the quarter, beating the Zacks’ consensus estimate of $1.99 by $0.16. Moody’s had a return on equity of 270.17% and a net margin of 28.20%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the firm posted $1.69 earnings per share. The business’s revenue for the quarter was up 14.8% on a year-over-year basis.

A number of brokerages have recently commented on MCO. William Blair reissued an “outperform” rating on shares of Moody’s in a research note on Thursday, October 31st. ValuEngine lowered Moody’s from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Zacks Investment Research raised Moody’s from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a research note on Wednesday, November 20th. UBS Group raised Moody’s from a “neutral” rating to a “buy” rating and lifted their price target for the company from $215.00 to $245.00 in a research note on Monday, October 7th. Finally, Barclays reaffirmed a “buy” rating and issued a $260.00 price objective on shares of Moody’s in a research note on Wednesday, December 18th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $227.18.

Shares of MCO stock traded down $1.47 during mid-day trading on Monday, reaching $255.62. 495,581 shares of the stock traded hands, compared to its average volume of 622,432. The stock’s fifty day simple moving average is $242.53 and its two-hundred day simple moving average is $220.66. Moody’s has a 1-year low of $154.60 and a 1-year high of $258.89. The company has a market cap of $48.26 billion, a price-to-earnings ratio of 37.43, a price-to-earnings-growth ratio of 2.84 and a beta of 1.23. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 7.50.

In related news, insider Robert Fauber sold 3,721 shares of Moody’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $216.26, for a total value of $804,703.46. Following the transaction, the insider now directly owns 49,591 shares of the company’s stock, valued at $10,724,549.66. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John J. Goggins sold 8,508 shares of Moody’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $237.08, for a total value of $2,017,076.64. Following the completion of the sale, the executive vice president now owns 61,934 shares of the company’s stock, valued at $14,683,312.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,013 shares of company stock worth $7,353,939. 0.90% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of MCO. Man Group plc increased its holdings in Moody’s by 189.8% in the second quarter. Man Group plc now owns 15,716 shares of the business services provider’s stock worth $3,070,000 after purchasing an additional 10,293 shares in the last quarter. Morgan Stanley increased its holdings in Moody’s by 14.9% in the second quarter. Morgan Stanley now owns 2,115,215 shares of the business services provider’s stock worth $413,121,000 after purchasing an additional 274,515 shares in the last quarter. Cubist Systematic Strategies LLC increased its holdings in Moody’s by 1,146.6% in the second quarter. Cubist Systematic Strategies LLC now owns 36,649 shares of the business services provider’s stock worth $7,158,000 after purchasing an additional 33,709 shares in the last quarter. D. E. Shaw & Co. Inc. increased its holdings in Moody’s by 9.1% in the second quarter. D. E. Shaw & Co. Inc. now owns 147,235 shares of the business services provider’s stock worth $28,756,000 after purchasing an additional 12,243 shares in the last quarter. Finally, CSat Investment Advisory L.P. increased its holdings in Moody’s by 653.3% in the second quarter. CSat Investment Advisory L.P. now owns 452 shares of the business services provider’s stock worth $88,000 after purchasing an additional 392 shares in the last quarter. Institutional investors and hedge funds own 90.53% of the company’s stock.

About Moody’s

Moody's Corporation provides credit ratings; and credit, capital markets, and economic research, data, and analytical tools worldwide. It operates through two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations, such as various corporate and governmental obligations, structured finance securities, and commercial paper programs.

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