Morgan Stanley reported 40% earnings increase in Q1 2018

Marco Green
April 20, 2018

Shares of Morgan Stanley (NYSE:MS) have been given a consensus rating of "Buy" by the thirty brokerages that are covering the firm.

Morgan Stanley (NYSE:MS) gross margin percentage stands at 77.2% while its operating margin for the past trailing twelve month is 23.8 percent and its overall profit margin (ttm) is 12.8 Percent.

MS has been the subject of several research reports.

Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Morgan Stanley India Investment (NYSE:IIF) by 22.7% during the fourth quarter, according to its most recent disclosure with the SEC. This has been revealed to investors in an analyst report on Thursday, 19 April. Macquarie reissued an "outperform" rating on shares of Morgan Stanley in a research report on Thursday, February 16th. On Wednesday, February 7 the stock rating was upgraded by JP Morgan to "Neutral".

In other news, CFO Paul C. Wirth sold 12,481 shares of the company's stock in a transaction dated Tuesday, February 14th. The company's outstanding shares are 384.47 Million. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The company was downgraded on Wednesday, February 7 by Susquehanna. The stock was sold at an average price of $34.62, for a total transaction of $520,650.18.

After the news, the stocks of the sixth largest USA bank rose by 2.57% to 53.24 United States dollars per share before the stock market session. MML Investors Services LLC boosted its position in Morgan Stanley India Investment by 6.8% in the fourth quarter. Morgan Stanley India Investment earned a news sentiment score of -0.01 on Accern's scale. This showed a surprise of 9.1% in the last quarter earnings. The stock is now moving above its 20-Day Simple Moving Average of 2% with a 50-Day Simple Moving Average of -0.38 percent. MCF Advisors LLC now owns 4,176 shares of the financial services provider's stock worth $134,000 after buying an additional 26 shares in the last quarter. The company combines global strength in investment banking and institutional sales and trading with strength in providing full-service and on-line brokerage services, investment and global asset management services and, primarily through its Discover Card brand, quality consumer credit products. Morgan Stanley (NYSE:MS) has a 20-Day average volume of 10.68 Million. Insiders sold 192,782 shares of company stock valued at $6,387,404 over the last three months.

Morgan Stanley reported 40% earnings increase in Q1 2018, reaching a record highs thanks to the trading business of the bank, which has received a strong stimulus from the volatility of the markets. The company has a market cap of $95,433.72, a P/E ratio of 15.19, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The Low Revenue estimate is $8.11 Billion, while High Revenue estimate is $9.32 Billion.

Average Revenue Estimate of the company for the current Fiscal Quarter is $8.58 Billion, according to consensus of 17 analysts. During the same period in the previous year, the company posted $0.55 earnings per share. The business's revenue for the quarter was up 25.1% compared to the same quarter a year ago. It now has negative earnings.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th.

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