MSCI (MSCI) Projected to Post Quarterly Earnings on Wednesday

MSCI (NYSE:MSCI) is expected to be posting its quarterly earnings results before the market opens on Wednesday, January 29th. Analysts expect MSCI to post earnings of $3.95 per share and revenue of $747,630.24 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $0.09. The firm had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $716.15 million. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the firm earned $3.45 earnings per share. On average, analysts expect MSCI to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

MSCI Price Performance

Shares of MSCI stock opened at $623.79 on Tuesday. The firm has a market cap of $48.89 billion, a price-to-earnings ratio of 40.96, a P/E/G ratio of 2.78 and a beta of 1.11. The stock has a 50-day simple moving average of $605.31 and a 200-day simple moving average of $579.61. MSCI has a 52-week low of $439.95 and a 52-week high of $642.45.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez bought 2,900 shares of MSCI stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $612.80 per share, with a total value of $1,777,120.00. Following the acquisition, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on MSCI. Royal Bank of Canada reissued an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research report on Wednesday, October 30th. The Goldman Sachs Group upgraded MSCI from a “neutral” rating to a “buy” rating and increased their target price for the company from $617.00 to $723.00 in a research note on Wednesday, December 18th. Wells Fargo & Company upped their price target on MSCI from $570.00 to $600.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Morgan Stanley raised their price objective on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Finally, UBS Group reduced their price target on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $649.85.

MSCI Company Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.