MSCI (MSCI) to Release Earnings on Wednesday

MSCI (NYSE:MSCI) is projected to post 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. Investors that wish to register for the company’s conference call can do so using this link.

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

MSCI Stock Up 0.7 %

MSCI opened at $620.22 on Monday. MSCI has a 52-week low of $439.95 and a 52-week high of $642.45. The company has a 50 day moving average of $605.31 and a two-hundred day moving average of $578.98. The company has a market cap of $48.61 billion, a P/E ratio of 40.72, a P/E/G ratio of 2.78 and a beta of 1.11.

Insider Buying and Selling at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 2,900 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was 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 owns 330,379 shares of the company’s stock, valued at approximately $202,456,251.20. This represents a 0.89 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 3.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wells Fargo & Company increased their price target on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. UBS Group dropped their target price on MSCI from $695.00 to $680.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price target on the stock in a research report on Wednesday, October 9th. JPMorgan Chase & Co. increased their price objective on shares of MSCI from $680.00 to $700.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Finally, Wolfe Research raised shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. 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, the stock has an average rating of “Moderate Buy” and a consensus target price 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.