Moelis & Company which can be found using ticker (MC) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘Underperform’. The range between the high target price and low target price is between 41 and 30 and has a mean target at $34.00. Given that the stocks previous close was at $37.51 this now indicates there is a potential downside of -9.4%. There is a 50 day moving average of $43.17 and the 200 moving average now moves to $41.66. The company has a market capitalization of $2,579m. Company Website: https://www.moelis.com
The potential market cap would be $2,338m based on the market consensus.
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 6.4% with the ex dividend date set at 17-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.58, revenue per share of 14.98 and a 12.17% return on assets.
