Moelis & Company (MC)
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Performance Outlook
| Previous Close | 43.79 |
| Open | 44.28 |
| Bid | 43.77 x 800 |
| Ask | 45.49 x 800 |
| Day's Range | 42.92 - 44.76 |
| 52 Week Range | 39.94 - 77.49 |
| Volume | |
| Avg. Volume | 581,751 |
| Market Cap | 3.029B |
| Beta (5Y Monthly) | 1.28 |
| PE Ratio (TTM) | 6.84 |
| EPS (TTM) | 6.44 |
| Earnings Date | Apr 26, 2022 - May 02, 2022 |
| Forward Dividend & Yield | 2.40 (5.69%) |
| Ex-Dividend Date | May 06, 2022 |
| 1y Target Est | 52.29 |
- Benzinga
SAP Plans To Divest Profitable Corporate Learning Software Business: Reuters
German software firm SAP SE ADS (NYSE: SAP) is working with investment bank Moelis & Company (NYSE: MC) to divest its corporate learning software business Litmos, Reuters reports. CEO Christian Klein looks to move towards subscription-driven services and increase cloud-based revenue. The report noted the sale of the profitable California-based Litmos could fetch a valuation of more than $1 billion. Moelis aims to start an auction process in the coming weeks and mainly targets tech-focused privat
- Reuters
Exclusive-Germany's SAP hires adviser for $1 billion Litmos software sale -sources
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.
- Zacks
Moelis & Company (MC) Q1 Earnings Beat, Expenses Rise Y/Y
Rise in revenues and solid liquidity position support Moelis & Company's (MC) Q1 results.
