What’s Marsh & McLennan Companies Inc. (MMC)’s Price to Earnings Ratio?

Marsh & McLennan Companies Inc. (NYSE:MMC) saw an upside of 0.10% to close Monday at $156.82 after adding $0.16 on the day. The 5-day average trading volume is 1,732,840 shares of the company’s common stock. It has gained $157.98 in the past week. An average of 1,909,590 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,716,284.

MMC’s 1-month performance is -2.28% or -$3.66 on its low of $151.36 reached on 09/30/21. The company’s shares have touched a 52-week low of $102.11 and high of $162.26, with the stock’s rally to the 52-week high happening on 09/09/21. YTD, MMC has achieved 34.03% or $39.82. However, the current price is down -3.35%% from the 52-week high price.


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Insider Transactions

On Aug 31, 42 days have gone by since the last insider trading activity for Marsh & McLennan Companies Inc. (MMC). SCHAPIRO MORTON O (Director) most recently sold 9,078 shares at $157.18 per share on Aug 31. This transaction cost the insider $1,426,930. President and CEO of OWG, McDonald Scott, sold 112,051 shares at a price of $138.95 on Jun 02. Then, on Mar 08, Chief Financial Officer MCGIVNEY MARK C sold 6,125 shares at a price of $115.28 per share. This transaction amounted to $706,090.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 38.20 and a low of 19.29. MMC stock has a beta of 0.92. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.30 while the price-to-book (PB) in the most recent quarter is 7.88, with the price to cash flow ratio at 34.53.

Marsh & McLennan Companies Inc. pays an annual dividend of $2.14 per share. Its dividend yield is 1.36% and the payout ratio is 37.90%. MMC paid $0.5350 a share compared with prior rate of $0.5350, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.07 reported on Wednesday July 14 2021. Measured over the last 3 years, the Dividend has been growing by 28.67% yearly.

It is projected that Marsh & McLennan Companies Inc.’s next ex-dividend date will be on 28-Jan. MMC is expected to distribute $0.535 as its next dividend.

Marsh & McLennan Companies Inc.’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.30 meaning that MMC stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.01, while the total debt to equity was 1.07 while for the period ending June 29; Marsh & McLennan Companies Inc.’s operating margin was 20.00%. The firm’s gross profit as reported stood at $3.07 billion against revenue of $17.22 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected MMC to announce $1.43 per share in earnings in its latest quarter, but it posted $1.75, representing a 22.40% surprise. EBITDA for the quarter stood at more than $1.42 billion. MMC stock balance sheet for the quarter ending June 29 shows that, with total debt at $13.11 billion. Shareholders hold equity totaling $506.63 million

Technical Picture

Let’s look briefly at Marsh & McLennan Companies Inc. (MMC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 55.01% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.07%.

The stock’s 5-day moving average is $155.97, reflecting a +3.35% or $5.08 change from its current price. MMC is currently trading -1.46% above its 20-day SMA, +16.82% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +6.52% and +37.94% respectively.

Stochastic %K and %D was 63.04% and 56.13% and the average true range (ATR) pointed at 2.68. The RSI (14) points at 53.60%, while the 14-day stochastic is at 64.54% with the period’s ATR at 2.60. The stock’s 9-day MACD Oscillator is pointing at 2.07 and 1.22 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Marsh & McLennan Companies Inc. (NYSE: MMC), BofA Securities reiterated its a Neutral rating for the company but lifted their price target by $150 to $157. Analysts offering their rating for MMC stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate MMC as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 4 have offered a “buy” rating.

What is MMC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $146.00 and a high of $171.00, with their median price target at $156.00. Looking at these predictions, the average price target given by analysts is for Marsh & McLennan Companies Inc. (MMC) stock is $156.67.

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