|Bid||44.95 x 800|
|Ask||48.72 x 800|
|Day's Range||46.17 - 46.85|
|52 Week Range||39.94 - 77.49|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||8.21|
|Earnings Date||Jul 19, 2022 - Jul 25, 2022|
|Forward Dividend & Yield||2.40 (5.24%)|
|Ex-Dividend Date||May 06, 2022|
|1y Target Est||52.00|
Moelis (MC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
German software firm SAP is working with investment bank Moelis & Co to sell its corporate learning software business Litmos as it seeks to streamline its operations and focus on cloud-based revenue, three sources told Reuters. The sale of California-based Litmos, which is profitable, could fetch a valuation of more than $1 billion, said the sources, who requested anonymity because the matter is private. Moelis is expected to start an auction process in the coming weeks and will mainly target tech-focused private equity funds in the United States and Europe, two of the sources said.
Rise in revenues and solid liquidity position support Moelis & Company's (MC) Q1 results.