MS Has A Quarterly Sales Sum Of $13.95 Billion Lined Up

0
53
MS
MS

Quite a few research analysts have already expected that the stocks of MS will be reporting a sales sum of $13.95 billion for this quarter. According to a report, three of the investment analysts have already provided estimates into the earnings of the company with the lowest estimate coming in at $13.60 billion, with the highest estimate coming in at $14.39 billion.

The sales reported by the company last year were $13.41 billion, which suggests an annual growth rate of 4%. The company will be announcing its next quarterly results on the 15th of July. 

The Quarterly Estimates of MS

MS did already put up its quarterly earnings on the 15th of April. The provider of financial services did report an EPS of $2.19 for the quarter, which was more than the consensus estimate of $1.72. The net margin of the company is 23.73%, with a 15.44% return on equity. The revenue generated by the company during this period was $15.72 billion, which was more than the consensus estimate of $13.48 billion. 

There have been quite a few research equities that have commented on the stocks of MS. UBS Group has already increased the price target of the company to $92 with a rating of buy in a 1st April research note. Credit Suisse Group has also reiterated its rating of buy with a price target of $98 in a 20th April research report.

The Royal Bank of Canada has also increased the price target of the company to $82 with a rating of outperform in a 19th April research report. Jefferies Financial has a rating of buy with a price target of $108 in a Wednesday research report. 

Four of the investment analysts have already issued the company with a rating of hold, while fifteen others have issued the company with a rating of buy. Currently, MS has a buy rating with an $81.26 price target.