Moelis Sees Peril for Companies That Gorged on Debt [Financial Post (Toronto, Ontario, Canada)]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
moelis.com
Company Research
Source: Financial Post
(Bloomberg) — Amid higher inflation and rising interest rates, companies that binged on debt when it was cheap have a lot of work to do to slim down, according to Bill Derrough, a restructuring expert and global co-head of capital structure advisory at Moelis & Co. Advertisement “In some cases it may be a minor surgery — a little nip, tuck here and there — and in others, limb amputations,” he said in an episode of Bloomberg Intelligence’s FICC Focus State of Distressed podcast. More than a decade of easy money created desperation for yield, leading both companies and investors into “sloppy deals,” where “you had to be really, really bad to not be able to borrow money,” Derrough said. As the Federal Reserve raises rates at the fastest pace since the 1980s, debt markets will shudder to adjust. “It’s going to be harder to borrow money, and valuation and leverage multiples will come down, interest rates will go up and companies are going to have to do a lot of work on their balance sh
Show less
Read more
Impact Snapshot
Event Time:
MC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MC alerts
High impacting Moelis & Company Class A news events
Weekly update
A roundup of the hottest topics
MC
News
- Moelis & Company (NYSE: MC) had its price target raised by analysts at UBS Group AG from $45.00 to $47.00. They now have a "sell" rating on the stock.MarketBeat
- Moelis & Company (NYSE: MC) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $54.00 price target on the stock, down previously from $58.00.MarketBeat
- Moelis & Company's (MC) Q1 Earnings Top as Revenues Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Moelis & Company Reports First Quarter 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share [Yahoo! Finance]Yahoo! Finance
- Moelis & Company Reports First Quarter 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per ShareBusiness Wire
MC
Earnings
- 4/24/24 - Beat
MC
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/25/24 - Form 10-Q
- MC's page on the SEC website