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home / news releases / MC - Moelis: Sponsors Still On Sidelines


MC - Moelis: Sponsors Still On Sidelines

2024-06-21 10:04:33 ET

Summary

  • Moelis saw a strong quarter led by recovery, with M&A weak due to the shortfall from little PE and other financial sponsor activity.
  • The company was more optimistic last call on the M&A recovery. Timing considerations for PE may keep them on the sidelines for quite a bit longer until rates are cut.
  • There is some latent earnings pressure from compensation-based dilution.
  • We prefer Lazard on valuation and intermediate return considerations.

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For further details see:

Moelis: Sponsors Still On Sidelines
Stock Information

Company Name: Moelis & Company Class A
Stock Symbol: MC
Market: NYSE
Website: moelis.com

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