Morgan Stanley (MS) Dips More Than Broader Market: What You Should Know

Morgan Stanley stock declined 1.2% to $187.44, underperforming the S&P 500's 0.47% loss. The stock has fallen 11.91% over the past month, significantly outpacing the Finance sector's 5.13% decline. Ahead of its October 14 earnings report, analysts project Q3 EPS of $2.88 (up 2.86% YoY) and revenue of $19.71 billion (up 8.15% YoY). Morgan Stanley holds a Zacks Rank #3 (Hold) with a Forward P/E of 14.96, trading at a premium to its industry average of 13.08.