[Business Wire] – Graystone Consulting, a business of Morgan Stanley, announced today that Garry W. Bridgeman, Certified Investment Management AnalystSM, has joined the Firm’s Wealth Management offi
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Morgan Stanley (MS), with a current value of $52.74B, started trading this morning at $27.10.
Looking at the stock, its one day range is $26.64 to $27.22 with the price of the stock fluctuating between $15.95 to $29.50.
MS shares are currently priced at 13.63x this year’s forecasted earnings,
which makes them relatively inexpensive compared to the industry’s 15.73x forward p/e ratio.
And for those looking to make a return holding the stock, the company pays shareholders $0.20 per share annually in dividends, yielding 0.70% .
According to a consensus of 22 analysts, the earnings estimate of $0.45 per share would be $0.45 worse than the year-ago quarter but a $0.06 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $1.99 would be a $1.86 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.74 Billion. If reported, that would be a 46.31% increase over the year-ago quarter.
Oppenheimer downgraded (MS) from Outperform to Perform (Jun 10, 2013).
Previously, Deutsche Bank upgraded (MS) from Hold to Buy. JMP Securities downgraded (MS) from Mkt Outperform to Mkt Underperform.
When considering if the stock is under or overvalued, the average price target is $29.52, which is 8.93% above where the stock opened this morning.
Morgan Stanley (NYSE:MS), a financial holding company, provides various financial products and services to corporations, governments, financial institutions and individuals worldwide. The companys Institutional Securities segment offers financial advisory services on mergers and acquisitions and much more.
Tag Helper ~ Stock Code: MS | Common Company name: Morgan Stanley | Full Company name: Morgan Stanley (NYSE:MS) .