Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Morgan Stanley (MS) Share Price

News articles about Morgan Stanley (NYSE:MS) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Morgan Stanley earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.2748991554759 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

How to Become a New Pot Stock Millionaire

Shares of Morgan Stanley stock traded down $2.57 during midday trading on Friday, hitting $52.07. The company had a trading volume of 16,396,181 shares, compared to its average volume of 9,058,574. The stock has a market cap of $93,301.41, a PE ratio of 16.85, a price-to-earnings-growth ratio of 0.90 and a beta of 1.50. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.75. Morgan Stanley has a 52 week low of $40.06 and a 52 week high of $59.38.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.07. The company had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $9.25 billion. Morgan Stanley had a return on equity of 10.07% and a net margin of 14.10%. Morgan Stanley’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted $0.81 EPS. sell-side analysts anticipate that Morgan Stanley will post 4.53 earnings per share for the current fiscal year.

A number of analysts have recently issued reports on MS shares. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $63.00 price target on shares of Morgan Stanley in a research report on Friday, December 22nd. Societe Generale downgraded Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Royal Bank of Canada reiterated a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research report on Friday, January 19th. Vining Sparks reiterated a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research report on Monday, January 8th. Finally, Wells Fargo set a $55.00 price target on Morgan Stanley and gave the company a “hold” rating in a research report on Wednesday, December 20th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Morgan Stanley has a consensus rating of “Buy” and an average target price of $54.39.

In other Morgan Stanley news, CFO Jonathan Pruzan sold 52,204 shares of Morgan Stanley stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $55.35, for a total value of $2,889,491.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman James P. Gorman sold 100,000 shares of Morgan Stanley stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $55.34, for a total value of $5,534,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 239,254 shares of company stock worth $13,085,019. 0.35% of the stock is currently owned by insiders.

WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Morgan Stanley (MS) Share Price” was published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3300364/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-morgan-stanley-ms-share-price.html.

About Morgan Stanley

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Insider Buying and Selling by Quarter for Morgan Stanley (NYSE:MS)

Receive News & Ratings for Morgan Stanley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Cara Therapeutics  Receives $25.18 Consensus Target Price from Analysts
Cara Therapeutics Receives $25.18 Consensus Target Price from Analysts
Brokerages Set Tallgrass Energy Partners LP  Price Target at $48.67
Brokerages Set Tallgrass Energy Partners LP Price Target at $48.67
Amarin Co.  Expected to Post Earnings of -$0.07 Per Share
Amarin Co. Expected to Post Earnings of -$0.07 Per Share
Etheroll  Trading Up 58.5% Over Last 7 Days
Etheroll Trading Up 58.5% Over Last 7 Days
Contrasting TransMontaigne  & Shell Midstream Partners
Contrasting TransMontaigne & Shell Midstream Partners
Analyzing Superior Uniform Group  & Lululemon Athletica
Analyzing Superior Uniform Group & Lululemon Athletica


© 2006-2018 Ticker Report. Google+.