Moody’s Corporation Intrinsic Value Calculator – Moody’s Corporation Reports Second Quarter FY 2023 Earnings Results on July 25

🌥️Earnings Overview

On July 25 2023, MOODY’S CORPORATION ($NYSE:MCO) announced its earnings results for the second quarter of fiscal year 2023, which ended on June 30 2023. The total revenue for the quarter was USD 1494.0 million, a year-over-year increase of 8.2%, and net income was USD 377.0 million, a 15.3% rise compared to the same period in the previous year.

Stock Price

The company’s stock opened at $354.6 and closed at $361.7, up by 1.4% from its previous closing price of 356.9. This is the highest price the company has seen since the beginning of the year. Moody’s Corporation remains dedicated to delivering strong returns for investors, evidenced by their improved financial performance in the second quarter. The company’s strategy to focus on data-driven insights, analytics and solutions has paid off and is expected to continue to do so in the coming quarters. Investors have been extremely pleased with the financial performance of the company and are optimistic about its future prospects. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Moody’s Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Moody’s Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Moody’s Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Moody’s Corporation are shown below. More…

Analysis – Moody’s Corporation Intrinsic Value Calculator

At GoodWhale, we have conducted an analysis of MOODY’S CORPORATION‘s wellbeing and have identified the company to be fairly priced. Our proprietary Valuation Line methodology has revealed that the intrinsic value of MOODY’S CORPORATION shares is around $357.1. This is slightly higher than the current trading price of $361.7, indicating that the stock is currently overvalued by 1.3%. We believe that the current price is fair and that investors can feel confident in purchasing shares of MOODY’S CORPORATION. More…

Peers

Its competitors include FactSet Research Systems Inc, QuoteMedia Inc, and CRISIL Ltd.

– FactSet Research Systems Inc ($NYSE:FDS)

FactSet Research Systems Inc. is a provider of integrated financial information and analytical applications to the investment community. Headquartered in Norwalk, Connecticut, FactSet has 34 offices in 20 countries. More than 85,000 professionals rely on FactSet to make informed decisions. The company’s products are used by investment professionals including buy-side portfolio managers and analysts, sell-side equity research analysts, and investment bankers, as well as corporate officers and other professionals who work with and invest in the financial markets. FactSet provides data on more than one million global companies, including public and private equity, venture capital, and real estate firms. The company also offers economic data, country risk and industry analysis, and corporate governance tools.

– QuoteMedia Inc ($OTCPK:QMCI)

QuoteMedia is a provider of real-time market data and streaming financial news. The company’s products and services include streaming quotes, portfolios, watchlists, charts, news headlines, and more. QuoteMedia’s market data is used by financial websites, brokerages, and trading applications. The company’s ROE reflects its negative net income.

– CRISIL Ltd ($BSE:500092)

CRISIL Ltd is a credit rating agency and research firm based in India. It is majority-owned by Standard & Poor’s, a division of McGraw Hill Financial. CRISIL rates debt instruments issued by companies, banks, non-banking financial companies (NBFCs), and sovereigns. It also provides research on companies, industries, and economies.

CRISIL’s market cap as of 2022 is 218.59B and its ROE is 30.52%. The company’s main business is providing credit ratings and research on companies, industries, and economies.

Summary

Investors in MOODY’S CORPORATION have reason to celebrate, as the company recently reported strong financial results for the second quarter of fiscal year 2023. Total revenue was up 8.2% year-over-year and net income increased 15.3% compared to the same period last year. This is a positive sign for shareholders, as it suggests that the company is continuing to grow despite challenging economic conditions. Going forward, investors may choose to maintain their positions in the company or look to invest further as the company continues its growth trajectory.