Mfs Investment Grade Stock Today

CXH Stock  USD 8.24  0.03  0.37%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
MFS Investment is trading at 8.24 as of the 30th of November 2024. This is a 0.37 percent up since the beginning of the trading day. The stock's open price was 8.21. MFS Investment has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for MFS Investment Grade are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
30th of June 1989
Classification
Financials
MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States. Colonial Investment is traded on New York Stock Exchange in the United States.. The company has 8.2 M outstanding shares of which 53.09 K shares are currently shorted by investors with about 3.38 days to cover. More on MFS Investment Grade

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MFS Stock Highlights

ChairmanJohn Kavanaugh
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.650.78
Fairly Down
Pretty Stable
Total Current Liabilities1.4 M1.9 M
Way Down
Pretty Stable
Non Current Liabilities Total32.8 M39.4 M
Significantly Down
Slightly volatile
Total Assets127.7 M103 M
Fairly Up
Slightly volatile
Total Current Assets1.4 M1.5 M
Notably Down
Slightly volatile
Debt Levels
MFS Investment can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MFS Investment's financial leverage. It provides some insight into what part of MFS Investment's total assets is financed by creditors.
Liquidity
MFS Investment Grade has 43.77 M in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. MFS Investment Grade has a current ratio of 1.88, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for MFS to invest in growth at high rates of return.

Net Income

1.98 Million
MFS Investment Grade (CXH) is traded on New York Stock Exchange in USA. It is located in 111 Huntington Avenue, Boston, MA, United States, 02199 and employs 32 people. MFS Investment is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 67.32 M. MFS Investment Grade runs under Capital Markets sector within Financials industry. The entity has 8.2 M outstanding shares of which 53.09 K shares are currently shorted by investors with about 3.38 days to cover. MFS Investment Grade has about 1.98 K in cash with 11.84 M of positive cash flow from operations.
Check MFS Investment Probability Of Bankruptcy
Ownership Allocation
The market capitalization of MFS Investment Grade is $67.32 Million. 30% of MFS Investment outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Therefore, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check MFS Ownership Details

MFS Investment Historical Income Statement

As of now, MFS Investment's Total Operating Expenses is decreasing as compared to previous years. The MFS Investment's current Net Income is estimated to increase to about 1.5 M, while Total Revenue is projected to decrease to under 1.6 M. View More Fundamentals

MFS Stock Against Markets

MFS Investment Corporate Management

James KilmanIndependent TrusteeProfile
Amanda MooradianAssistant Secretary, Assistant ClerkProfile
Susan PereiraAssistant Secretary, Assistant ClerkProfile
Laurie ThomsenIndependent TrusteeProfile
Robert ManningTrusteeProfile
Maryanne RoepkeIndependent TrusteeProfile
When determining whether MFS Investment Grade offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MFS Investment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mfs Investment Grade Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mfs Investment Grade Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS Investment. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.118
Dividend Share
0.279
Earnings Share
0.26
Revenue Per Share
0.655
Quarterly Revenue Growth
(0.05)
The market value of MFS Investment Grade is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Investment's value that differs from its market value or its book value, called intrinsic value, which is MFS Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS Investment's market value can be influenced by many factors that don't directly affect MFS Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.