Moody's Corporation (MCO), with a market capitalization of approximately $87.2 billion, is a global financial intelligence company. The New York-based company provides credit ratings, research, data, analytics, and decision solutions to help organizations assess risk and make informed decisions.
Shares of the financial intelligence giant have considerably underperformed the broader market over the past year. MCO has declined 1.2% over this period, while the broader S&P 500 Index ($SPX) has advanced 20.5%. On a year-to-date basis, MCO has also continued to underperform, declining 1.5%, compared with the index’s 12.1% gain over the same period.