Moodys CorporationMCO
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Moody's reported Q2 earnings beat, raised full-year guidance, and announced a larger share repurchase plan.
Impact on stocks 1
Cloud & Digital Infrastructure
Moodys CorporationMoody's reported second quarter results that exceeded market expectations, lifted full year guidance, and announced a larger share repurchase plan. The stock closed at $472.24, and one widely followed narrative pegs its fair value at $473.36, implying the shares are about 20% undervalued. However, that view contrasts with a price-to-earnings ratio of 29.5 times, which is above the company's fair ratio of 17.7 times and the peer average of 23.8 times, though below the Capital Markets industry average of 39.1 times. The earnings beat and guidance upgrade come after a volatile period, with the share price down 9.01% over the past week but still showing a 3.55% return over 90 days and a 37.73% total shareholder return over three years.
Moodys CorporationMoody's reported Q2 earnings beat, raised full-year guidance, and announced a larger share repurchase plan.