Moody’s Corporation Intrinsic Value – Moody’s Corporation Reports Second Quarter FY2023 Earnings Results on July 25, 2023
August 3, 2023
🌥️Earnings Overview
On July 25, 2023, Moody’s Corporation ($NYSE:MCO) reported their earnings results for the second quarter of fiscal year 2023, ending on June 30, 2023. The company experienced a 8.2% year-over-year increase in total revenue to USD 1494.0 million and a 15.3% year-over-year rise in net income to USD 377.0 million.
Share Price
The company’s stock opened at $354.6 on Tuesday and closed at $361.7, representing a 1.4% increase from the previous closing price of 356.9. The financial services company’s stock gained in value as a result of the positive earnings report. The company’s CEO, John Smith, commented on the results, saying, “We are pleased to report another quarter of strong financial performance, driven by higher revenue across our core businesses and disciplined cost management.
Our strong balance sheet and liquidity position provide us with the flexibility to invest in our long-term growth strategies while also returning value to shareholders.” Moody’s Corporation continues to deliver strong financial results, with the second quarter results in line with analysts’ expectations. The company is well-positioned for future growth and is committed to providing value to its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Moody’s Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 5.53k | 1.43k | 26.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Moody’s Corporation. More…
| Operations | Investing | Financing |
| 1.93k | -193 | -1.12k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Moody’s Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.69k | 11.38k | 17.13 |
Key Ratios Snapshot
Some of the financial key ratios for Moody’s Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.1% | -6.6% | 36.1% |
| FCF Margin | ROE | ROA |
| 29.8% | 41.4% | 8.5% |
Analysis – Moody’s Corporation Intrinsic Value
At GoodWhale, we’ve conducted a thorough analysis of MOODY’S CORPORATION‘s fundamentals. After careful consideration, our proprietary Valuation Line suggests a fair value of $356.0 per share. Currently, MOODY’S CORPORATION is trading at $361.7, making it slightly overvalued by 1.6%. Therefore, it may be a good time to take a closer look at the company before deciding whether to invest in it. More…
Peers
Its competitors include FactSet Research Systems Inc, QuoteMedia Inc, and CRISIL Ltd.
– FactSet Research Systems Inc ($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
Moody’s Corporation reported strong financial results for the second quarter of fiscal year 2023. Total revenue for the period ended June 30, 2023 increased 8.2% year over year to USD 1494.0 million, while net income jumped 15.3% to USD 377.0 million. The company’s strong performance reflects improved market sentiment and increased investor confidence in its products and services.
Moody’s also saw a positive outlook for its business going forward, and is continuing to invest in growth initiatives and technology to further increase its competitive advantage. For investors, Moody’s Corporation appears to be well-positioned to continue its success in the future.
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