Moody's Corporation ($MCO) Stock Forecast: Down 2.7% Today

What is Moody's Corporation?

Moodys Corporation (NYSE: MCO) offers credit ratings, research, tools, and analysis for financial markets. Recently, the stock MCO saw a significant bearish movement.

Why is Moody's Corporation going down?

MCO stock is down 2.7% on Sep 11, 2024 14:36

• Over the last decade, Moodys has consistently outperformed the market with strong annualized returns. Despite this, the stock experienced a bearish trend today.
• The acquisition of Praedicat by Moodys aimed to bolster its insurance solutions and initially received positive market reception. However, other factors influenced the recent bearish movement.
• Rising American office delinquencies may have sparked investor concerns about the broader economic landscape, potentially impacting Moodys' stock performance negatively.
• The market's response to broader economic indicators and uncertainties could have contributed to Moodys' recent bearish movement, despite its solid historical performance.

MCO Price Chart

MCO News

Here's How Much $100 Invested In Moodys 10 Years Ago Would Be Worth Today - Moodys ( NYSE:MCO )

Moodys MCO has outperformed the market over the past 10 years by 7.02% on an annualized basis producing an average annual return of 17.6%. Currently, Moodys has a market capitalization of $88.21 billion.

https://www.benzinga.com/insights/news/24/09/40750747/heres-how-much-100-invested-in-moodys-10-years-ago-would-be-worth-today

Moody's Acquires Praedicat to Enhance Insurance Solutions

MCO acquires Praedicat to integrate its models and predictive analytics capabilities to expand the insurance product suite, enabling a better risk assessment.

https://www.zacks.com/stock/news/2332596/moodys-acquires-praedicat-to-enhance-insurance-solutions

American office delinquencies are shooting up

How worried should investors be?

https://www.economist.com/finance-and-economics/2024/09/05/american-office-delinquencies-are-shooting-up

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Moody's Corporation Price History

23.07.2024 - MCO Stock was down 0.5%

• The decline in Moody's (MCO) stock today may be due to investors seizing profits following a recent 9.6% surge post-earnings.
• The collaboration between Moody's and Elliptic for improved VASP (Virtual Asset Service Providers) risk screening might not have been perceived as a significant enough advancement to maintain previous positive momentum.
• Though Zacks Commentary highlighted Moody's solid growth attributes, growth investors may have redirected their focus to alternative opportunities, contributing to the stock's decline.

11.08.2024 - MCO Stock was down 2.7%

• Over the last decade, Moodys has consistently outperformed the market with strong annualized returns. Despite this, the stock experienced a bearish trend today.
• The acquisition of Praedicat by Moodys aimed to bolster its insurance solutions and initially received positive market reception. However, other factors influenced the recent bearish movement.
• Rising American office delinquencies may have sparked investor concerns about the broader economic landscape, potentially impacting Moodys' stock performance negatively.
• The market's response to broader economic indicators and uncertainties could have contributed to Moodys' recent bearish movement, despite its solid historical performance.

01.08.2023 - MCO Stock was up 1.1%

• The bullish movement of MCO could be attributed to the news articles discussing the impact of Hurricane Idalia in Florida.
• Despite the potential property damage caused by the hurricane, insurers like MCO are expected to see smaller losses than initially estimated.
• The market may be reacting positively to the fact that the estimated insured loss from Hurricane Idalia is expected to be lower than anticipated.
• The news articles highlighting the potential damage caused by the hurricane, but also the smaller-than-expected losses for insurers, could have contributed to the bullish movement of MCO.

13.01.2024 - MCO Stock was down 6.1%

• The decline in MCO's value may be linked to a less-than-expected profit report for the fourth quarter.
• The recent appointment of a new CFO could have affected market sentiment as investors may have concerns about the potential consequences of this change.
• The general market sentiment towards top-performing stocks may have influenced the decline, as investors may have been exploring alternative sectors for higher growth opportunities.

02.10.2023 - MCO Stock was up 5.0%

• The bullish movement in MCO stock could be attributed to the positive performance of the overall financial market.
• The transfer of $250 million by MakerDAO from Coinbase to protect the peg of its DAI stablecoin may have boosted confidence in the cryptocurrency market, leading to increased investor interest in related stocks like Moody's.
• Moody's outperforming the market over the past 20 years and its strong market capitalization could have contributed to the bullish sentiment.
• The partnership between QURECA and Moody's to develop a training course on quantum computing may have generated positive sentiment around Moody's future growth prospects.

06.06.2023 - MCO Stock was down 1.2%

• Moody's Corporation (MCO) announced a strategic partnership with Microsoft (MSFT) to develop enhanced risk data analytics and collaboration solutions. This news might have negatively impacted MCO's stock as investors may have concerns about the potential impact on the company's profitability.
• Fastpartner, a Swedish commercial property group, reported second-quarter earnings with a net operating income above year-ago figures. However, the result did not fully compensate for increased financing costs. This news is unrelated to MCO's bearish movement.
• Microsoft and Moody's collaboration to provide AI-based solutions might have indirectly affected MCO's stock. The partnership could lead to increased competition in the financial services sector, potentially impacting Moody's business and investor sentiment towards the company.
• The announcement that Microsoft will power Moody's next-generation solutions with Azure OpenAI service could have also contributed to the bearish movement of MCO's stock. This collaboration might have raised concerns among investors about the potential disruption and competition in the financial services industry.

26.06.2023 - MCO Stock was up 0.3%

• The bullish movement in MCO's stock today can be attributed to the following factors:
• 1. Moody's positive Q2 2023 earnings call: The company's strong performance and positive outlook during the earnings call could have instilled confidence in investors, leading to a bullish market movement.
• 2. Moody's assessment of Israel's economy: Despite Moody's warning about the significant risks and negative consequences of the new law limiting Supreme Court powers in Israel, investors may have interpreted Moody's assessment as an opportunity for Moody's to play a crucial role in assessing the impact on Israel's economy. This could have generated positive sentiment and contributed to the bullish movement in MCO's stock.
• 3. Focus on non-bank financial stocks: The article highlighting non-bank financial stocks to buy could have indirectly influenced the positive sentiment towards Moody's Corporation. As a leading financial institution, Moody's could be seen as a reliable investment option within the non-bank financial sector, attracting investors and contributing to the bullish market movement.
• 4. Overall market sentiment: The broader market sentiment and positive performance of financial stocks, as indicated by the SPDR S&P Bank ETF's underperformance compared to the S&P 500, could have also played a role in the bullish movement of MCO's stock.

13.01.2024 - MCO Stock was down 8.1%

• The bearish movement in MCO's stock today can be attributed to a combination of factors:
• 1. Moody's Q4 earnings and revenues missed estimates, indicating a potential slowdown in their financial performance. This could have led to a decrease in investor confidence and selling pressure on the stock.
• 2. Moody's revised outlook on four Adani firms to 'stable' from 'negative', which may have raised concerns among investors about the creditworthiness of these companies. This negative sentiment could have spilled over to Moody's stock as well.
• 3. The appointment of a new CFO, Noemie Heuland, might have introduced uncertainty and speculation about potential changes in the company's financial strategy or future performance. This uncertainty could have contributed to the bearish movement in the stock.
• 4. The overall market sentiment towards blue-chip stocks could have influenced investors' decisions. If investors were seeking higher-growth opportunities or diversification away from blue-chip stocks, it could have resulted in selling pressure on Moody's stock.
• Overall, the combination of weaker-than-expected financial results, concerns about the creditworthiness of Adani firms, the appointment of a new CFO, and potential market sentiment towards blue-chip stocks likely contributed to the bearish movement in Moody's stock today.

13.01.2024 - MCO Stock was down 8.1%

• Today, the stock of MCO experienced a bearish movement which can be attributed to the following factors:
• 1. Missed Q4 Earnings and Revenues: Moody's reported lower-than-expected earnings and revenues for the quarter, which disappointed investors and led to a negative market sentiment.
• 2. Moody's Revises Outlook on Adani Firms: The outlook on four Adani firms was revised by Moody's from 'negative' to 'stable'. Although unrelated to MCO, this development could have influenced investor sentiment towards Moody's Corporation.
• 3. Lackluster Market Performance: The underperformance of some other blue-chip stocks in the market may have dampened overall market sentiment towards MCO and influenced investors to sell their shares.
• 4. Lack of Positive News: The absence of any positive news or significant developments regarding Moody's Corporation may have contributed to the bearish movement in the stock.
• Overall, the combination of Moody's disappointing earnings, the revision of outlook on Adani firms, and the lackluster market performance of blue-chip stocks could have caused the bearish movement in MCO's stock today.

12.06.2023 - MCO Stock was up 1.5%

• The bullish movement in MCO stock today can be attributed to the following factors:
• 1. Positive analyst outlook: The upgrade of Moody's by StockNews.com to a "Buy" rating indicates increased confidence in the company's performance. This positive assessment may have attracted investors, leading to a rise in the stock price.
• 2. Embracing advanced AI technology: Moody's focus on utilizing GenAI for analytical business leadership, as mentioned by Oppenheimer analyst Owen Lau, suggests the company's commitment to innovation and staying ahead in the industry. This development could have sparked investor optimism and contributed to the bullish movement.
• 3. Limited impact of unrelated news: Although there are articles mentioning student loans, apartment rents, and Kvika banki hf., these news pieces do not directly impact Moody's Corporation. Therefore, their influence on the bullish movement is likely minimal.
• Overall, the positive analyst outlook and Moody's strategic focus on AI technology are the key drivers behind the bullish movement in MCO stock today.