Market Update: Morgan Stanley (NYSE:MS) – MSCI: An Activist Investment Analysis (MSCI)

[at Investopedia] – Read about the high-profile battle between the management team for Morgan Stanley Capital International and activist MSCI shareholder ValueAct. Read more on this. Morgan Stanley (MS) , currently valued at $52.62B, started the session at $28.72. During the trading session, MS traded between $27.14 to $28.80 and has traded between $27.14 and $41.04 over the past year. MS shares are currently priced at 12.11x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 15.74x earnings multiple. The company pays shareholders $0.60 per share in dividend income per year, for a current yield of 2.11%. In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $0.35 per share, which would be $0.04 worse than the year-ago quarter and a $0.28 sequential decrease. The full-year EPS estimate is $2.35 which would be a $0.03 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $7.71 Billion. If realized, that would be a 3.75% decrease over the year-ago quarter. More recently, JMP Securities upgraded MS from Mkt Perform to Mkt Outperform (Oct 8, 2015). Previously, RBC Capital Mkts upgraded MS from Sector Perform to Outperform. Given all the information above, we should disclose to readers that the average price target is $37.54, which is 30.71% above than it opened this morning. See more in (NYSE:MS) Similar Articles: Market Update (NYSE:MS): Morgan Stanley Alternative Investment Partners Raises Over $1 Billion for Private Markets Fund VI Company Update (NYSE:MS): Morgan Stanley Global Private Equity Completes Majority Investment in CoAdvantage Market Update: Morgan Stanley (NYSE:MS) – Morgan Stanley Wealth Management Investor Pulse Poll: Most Retail Investors Expect Interest Rate Hike by Mid-2016; Few Say They Are Adjusting Investment Portfolios in Advance