Equities analysts forecast that Morgan Stanley (NYSE:MS) will post sales of $9.10 billion for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Morgan Stanley’s earnings. The highest sales estimate is $9.38 billion and the lowest is $8.81 billion. Morgan Stanley reported sales of $9.02 billion during the same quarter last year, which indicates a positive year over year growth rate of 0.9%. The firm is expected to issue its next earnings report before the market opens on Thursday, January 18th.

On average, analysts expect that Morgan Stanley will report full year sales of $9.10 billion for the current year, with estimates ranging from $37.25 billion to $37.69 billion. For the next financial year, analysts expect that the firm will report sales of $38.83 billion per share, with estimates ranging from $38.11 billion to $39.29 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Morgan Stanley.

Morgan Stanley (NYSE:MS) last posted its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The firm had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.05 billion. During the same quarter in the prior year, the business earned $0.80 EPS. The business’s revenue for the quarter was up 3.2% on a year-over-year basis.

Several research firms recently weighed in on MS. Zacks Investment Research upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Monday, September 11th. upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Friday, September 15th. JPMorgan Chase & Co. set a $53.00 price target on Morgan Stanley and gave the stock a “buy” rating in a research note on Friday, September 15th. Berenberg Bank reaffirmed a “hold” rating and issued a $40.00 price objective on shares of Morgan Stanley in a research report on Thursday, September 21st. Finally, Compass Point reaffirmed a “sell” rating and issued a $38.00 price objective (up from $34.00) on shares of Morgan Stanley in a research report on Monday, September 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Morgan Stanley currently has an average rating of “Buy” and an average target price of $52.75.

In related news, insider Keishi Hotsuki sold 25,000 shares of Morgan Stanley stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $50.00, for a total value of $1,250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Alistair Darling sold 3,850 shares of Morgan Stanley stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total value of $189,766.50. Following the completion of the transaction, the director now owns 14,218 shares of the company’s stock, valued at approximately $700,805.22. The disclosure for this sale can be found here. Insiders sold a total of 85,247 shares of company stock valued at $4,284,364 in the last quarter. 0.24% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Atlantic Trust Group LLC lifted its stake in Morgan Stanley by 9.9% in the second quarter. Atlantic Trust Group LLC now owns 17,017 shares of the financial services provider’s stock worth $758,000 after purchasing an additional 1,539 shares during the last quarter. Hennessy Advisors Inc. raised its stake in shares of Morgan Stanley by 7.4% during the second quarter. Hennessy Advisors Inc. now owns 29,000 shares of the financial services provider’s stock valued at $1,292,000 after acquiring an additional 2,000 shares in the last quarter. Financial Counselors Inc. raised its stake in shares of Morgan Stanley by 6.7% during the second quarter. Financial Counselors Inc. now owns 6,332 shares of the financial services provider’s stock valued at $282,000 after acquiring an additional 400 shares in the last quarter. Omnia Family Wealth LLC raised its stake in shares of Morgan Stanley by 5.8% during the second quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 134 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Morgan Stanley by 12.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 26,529 shares of the financial services provider’s stock valued at $1,182,000 after acquiring an additional 2,949 shares in the last quarter. Institutional investors own 85.49% of the company’s stock.

Morgan Stanley (NYSE MS) traded up $0.42 during mid-day trading on Tuesday, hitting $53.30. The company’s stock had a trading volume of 6,620,000 shares, compared to its average volume of 7,660,000. Morgan Stanley has a 1 year low of $40.06 and a 1 year high of $54.25. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market cap of $96,360.00, a P/E ratio of 14.72, a price-to-earnings-growth ratio of 1.08 and a beta of 1.65.

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Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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