Yield

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>MMC stock price is showing a downside market trend this week.</a> </li> 
 <li> <span>2</span> <a>Late last month, MMC stock price marked its 52-week high.</a> </li> 
</ul> 
<p>Marsh &amp; McLennan Companies (MMC) stock price experienced increased activity after marking a 52-week high at $197.79. The stock price dropped 0.54% in the last 5 days, which still kept its price slightly above its 20-day moving average. Notably, the stock rose to $196.42 after dropping to nearly $192.47 this week.</p> 
<h2 class="wp-block-heading" id="strong-mmc-stock-price-analysis-strong"><strong>MMC Stock Price Analysis</strong></h2> 
<p>MMC stock price noted closing at $194.76 on September 8, 2023, Friday, while traded in between the price range of $196.20 to $194.10. Even with the bears’ increased activity, MMC stock price traded above its 20-day EMA.&nbsp; It must be noted that in the last 1 month, the stock price showed a 3.05% price gain which further showed 23.10% growth in the past 6 months.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="464" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194-1024x464.png" alt="MMC Stock Analysis: Ups and Downs of Stock Price This Week" class="wp-image-166177" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194-1024x464.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194-300x136.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194-768x348.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194-750x340.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194-1140x517.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-194.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   <strong>Source: MMC/USD by </strong><a href="https://www.tradingview.com/x/x15tjoZ9/" target="_blank" rel="noreferrer noopener"><strong>TradingView</strong></a>
  </figcaption>
 </figure>
</div> 
<p>By marking a 52-week high recently, MMC stock price made a rising chart. For the last 2 months, the stock has been trading near its 20-day EMA. This upside trend further took its RSI near the overbought zone. But as bears have slightly increased their activity, its weekly price analysis showed a falling chart.</p> 
<p>The 1-year price target set by the analyst is showing at $201.28, up by over 3% from the recent closing price of MMC <a href="https://www.thecoinrepublic.com/2023/09/07/will-coin-stock-price-reach-its-100-day-moving-average/" target="_blank" rel="noreferrer noopener">stock</a>. Their maximum estimate is showing at $220.00 while the minimum estimate is $188.00. However, in the past 3 months, analysts have given a “buy” rating to MMC share price.</p> 
<h3 class="wp-block-heading" id="strong-fundamentals-of-marsh-mclennan-companies-strong"><strong>Fundamentals of Marsh &amp; McLennan Companies</strong></h3> 
<p>Marsh &amp; McLennan Companies Inc. (NYSE: MMC), a global professional services firm, has a market cap of nearly $96.20 Billion. In mid-July 2023, the company released its Q2 2023 report that states its net income is $1.03 Billion.</p> 
<p>MMC price-to-sales ratio is 4.50 whereas it has an Enterprise Value to EBITDA ratio of 15.29. Marsh &amp; McLennan Companies Inc. paid its dividends on a quarterly basis. The last dividend per share was $0.71 and as of today, the Dividend Yield (TTM)% is 1.27%.</p> 
<p>According to the recent Q2 2023 report, MMC earnings per <a href="https://www.thecoinrepublic.com/2023/09/08/klac-stock-price-lost-16-29-in-recent-1-day-trading-session/" target="_blank" rel="noreferrer noopener">share </a>(EPS) is $2.20 whereas the estimation was $2.12 which accounts for a 3.96% surprise. The revenue report for the quarter amounts to $5.88 Billion despite the estimated figure of $5.77 Billion.</p> 
<p>For the upcoming quarter, the estimated EPS is $1.39 while the revenue is expected to reach $5.21 Billion. In 2022, the revenue of Marsh &amp; McLennan Companies Inc. amounted to $20.72 Billion. Most of which $12.64 Billion came from its highest performing source at the moment, “risk and insurance services.”</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

MMC Stock Analysis: Ups and Downs of Stock Price This Week

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