Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Moody's Corporation    MCO

MOODY'S CORPORATION (MCO)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Announcement: Moody's: Kyrgyz Republic's fiscal metrics constrain the sovereign's rating; institutional strength is developing

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/15/2017 | 02:44pm CET

Moody's Investors Service says that the credit profile of the Kyrgyz Republic (B2 stable) highlights the economy's vulnerability to swings in gold output and remittances, and the government's significant debt burden, which at 59% of GDP at the end of 2016, is high for a small economy with limited access to market funding.

In addition, the country's institutions are weak - particularly with regard to corruption and the rule of law -although the Republic's institutional strength will continue to develop, including through ongoing reforms, in partnership with the International Monetary Fund (IMF).

At the same time, domestic political tensions continue to pose a risk, despite stabilization in recent years.

Moody's conclusions were contained in its just-released credit analysis titled 'Government of Kyrgyz Republic - B2 stable' and which examines the sovereign in four categories: economic strength, which is assessed as 'low (-)'; institutional strength 'very low (+)'; fiscal strength 'low'; and susceptibility to event risk 'moderate'.

The report constitutes an annual update to investors and is not a rating action.

Moody's points out that, balancing some of the credit challenges mentioned above, continued financial assistance from international donors represents a major support to the Republic's credit profile. Technical assistance and a three-year Extended Credit Facility IMF program approved in April 2015 have made fiscal policy more transparent and predictable.

Moreover, the high affordability of the government's debt stock - with 90% funded on concessional terms as of 2017 - partially mitigates risks stemming from the high debt load.

The stable outlook on the B2 rating balances upside risks related to solid economic growth, ongoing reforms, a large revenue base and low costs of concessional funding, and downside risks from potentially more adverse developments in the country's fiscal metrics, in particular, if fiscal consolidation and structural improvements - including those to boost energy and transport infrastructure - are significantly delayed.

Upward credit pressure could develop, if fiscal consolidation leads to a reduction in the government's debt burden, and price and exchange rate stability is achieved.

By contrast, a downgrade of the rating could result from the withdrawal of donor support, larger financing needs combined with a deterioration in the debt structure, and/or economically destabilizing sociopolitical tensions.

Subscribers can access the report at

https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1097317

NOTE TO JOURNALISTS ONLY: For more information, please call one of our global press information hotlines: New York +1-212-553-0376, London +44-20-7772-5456, Tokyo +813-5408-4110, Hong Kong +852-3758-1350, Sydney +61-2-9270-8141, Mexico City 001-888-779-5833, Sao Paulo 0800-891-2518, or Buenos Aires 0800-666-3506. You can also email us at [email protected] or visit our web site at www.moodys.com.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

Martin Petch

VP - Senior Credit Officer

Sovereign Risk Group

Moody's Investors Service Singapore Pte. Ltd.

50 Raffles Place #23-06

Singapore Land Tower

Singapore 48623

Singapore

JOURNALISTS: 852 3758 1350

Client Service: 852 3551 3077

Atsi Sheth

MD - Sovereign Risk

Sovereign Risk Group

JOURNALISTS: 1 212 553 0376

Client Service: 1 212 553 1653

Releasing Office:

Moody's Investors Service Singapore Pte. Ltd.

50 Raffles Place #23-06

Singapore Land Tower

Singapore 48623

Singapore

JOURNALISTS: 852 3758 1350

Client Service: 852 3551 3077

(C) 2017 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MOODY'S CORPORATION
02:44p ANNOUNCEMENT : Moody's: Kyrgyz Republic's fiscal metrics constrain the sovereign..
02:44p ANNOUNCEMENT : Moody's: Bangladesh banking system stable, despite legacy asset q..
02:44p ANNOUNCEMENT : Moody's examines Japan's ability to drive economic growth and nar..
01:22p MOODY'S : Azerbaijan-based banks' funding prospects are limited
11:14a MOODY : s changes outlook for Korean banking system to stable from negative
12/14 MOODY : Analytics Launches the Lender Application Module for Banks
12/14 MOODY : Challenging Operating Conditions Keep 2018 Outlook for African Banks Neg..
12/14 EGYPT : Moody's Expects Better Performance of Egypt's Bank Sector in 2018
12/14 MOODY : Banks in Asia Pacific show stable outlook
12/14 ANNOUNCEMENT : Moody's: Chinese RLGs set to meet economic and fiscal targets in ..
More news
News from SeekingAlpha
12/07 Moody's (MCO) Presents At Goldman Sachs U.S. Financial Services Conference 20..
11/30 WALL STREET BREAKFAST : OPEC Signals Output Cuts Through 2018
11/30 Moody's warns on addressing climate risks
11/29 In Depth Analysis Of Berkshire Hathaway Portfolio
11/25 Tracking Charles Akre's Akre Capital Management Portfolio - Q3 2017 Update
Financials ($)
Sales 2017 4 100 M
EBIT 2017 1 787 M
Net income 2017 1 218 M
Debt 2017 4 530 M
Yield 2017 1,01%
P/E ratio 2017 23,85
P/E ratio 2018 23,94
EV / Sales 2017 8,07x
EV / Sales 2018 7,16x
Capitalization 28 555 M
Chart MOODY'S CORPORATION
Duration : Period :
Moody's Corporation Technical Analysis Chart | MCO | US6153691059 | 4-Traders
Technical analysis trends MOODY'S CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 152 $
Spread / Average Target 1,7%
EPS Revisions
Managers
NameTitle
Raymond W. McDaniel President, Chief Executive Officer & Director
Henry K. McKinnell Chairman
Linda S. Huber Chief Financial Officer & Executive Vice President
Tony Stoupas Chief Information Officer & Senior Vice President
Basil L. Anderson Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MOODY'S CORPORATION59.30%28 555
RELX19.19%48 036
RELX N.V.21.20%48 022
S&P GLOBAL INC57.16%42 735
THOMSON REUTERS CORP-3.92%31 479
EXPERIAN GROUP0.76%19 575