What's Happening with MS
Morgan Stanley (MS) is scheduled to report Quarter 4 numbers before market open on January 17. Analysts forecast the company will earn $1.31 per share for the quarter. During the same period last year, the company earned $2.01 per share. The stock is down 9.24% on the year.
Technical Analysis
MS was recently trading at $91.66, down $18.07 from its 12-month high and $19.61 above its 12-month low. InvestorsObserver gives MS a 65 long-term technical score and a 42 short-term technical score. The stock has recent support above $86.25 and recent resistance below $95. Of the 15 analysts who cover the stock 9 rate it Strong Buy, 0 rate it Buy, 6 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, MS gets an overall score of 54 from InvestorsObserver.
Analysts' Thoughts
MS has shown an annual earnings loss of 15.11% over the last five years, and, looking ahead, analysts expect the company's profits to decline 0.87% per annum over the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects earnings of $1.31 per share. MS is currently trading at $91.66 with an average price target of $96.00.