Zacks: Brokerages Expect Msci Inc (MSCI) Will Announce Earnings of $1.30 Per Share

Analysts expect Msci Inc (NYSE:MSCI) to report earnings per share (EPS) of $1.30 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Msci’s earnings, with the lowest EPS estimate coming in at $1.28 and the highest estimate coming in at $1.33. Msci posted earnings of $1.00 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 30%. The company is expected to issue its next quarterly earnings results on Thursday, November 1st.

According to Zacks, analysts expect that Msci will report full year earnings of $5.24 per share for the current year, with EPS estimates ranging from $5.15 to $5.33. For the next fiscal year, analysts anticipate that the company will report earnings of $5.98 per share, with EPS estimates ranging from $5.85 to $6.13. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Msci.

Msci (NYSE:MSCI) last announced its quarterly earnings results on Thursday, August 2nd. The technology company reported $1.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.02. Msci had a return on equity of 114.65% and a net margin of 27.83%. The business had revenue of $363.05 million for the quarter, compared to analyst estimates of $356.01 million. During the same quarter in the prior year, the company posted $0.95 EPS. The company’s quarterly revenue was up 14.9% on a year-over-year basis.

Several research firms recently issued reports on MSCI. Cantor Fitzgerald increased their target price on Msci to $192.00 and gave the stock an “overweight” rating in a research note on Friday, August 3rd. Morgan Stanley increased their target price on Msci from $168.00 to $174.00 and gave the stock an “equal weight” rating in a research note on Friday, August 3rd. Zacks Investment Research lowered Msci from a “hold” rating to a “sell” rating in a research note on Wednesday, July 4th. BMO Capital Markets began coverage on Msci in a research note on Wednesday, July 25th. They set an “outperform” rating and a $198.00 target price on the stock. Finally, Northcoast Research reissued a “neutral” rating on shares of Msci in a research note on Tuesday, June 26th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Msci presently has an average rating of “Buy” and a consensus price target of $174.75.

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Advisor Group LLC purchased a new stake in Msci during the 2nd quarter worth about $461,000. Colony Group LLC increased its holdings in Msci by 5.5% during the 2nd quarter. Colony Group LLC now owns 10,331 shares of the technology company’s stock worth $1,709,000 after purchasing an additional 541 shares during the period. Hartford Investment Management Co. increased its holdings in Msci by 867.1% during the 2nd quarter. Hartford Investment Management Co. now owns 14,265 shares of the technology company’s stock worth $2,360,000 after purchasing an additional 12,790 shares during the period. Sentry Investment Management LLC increased its holdings in Msci by 8.5% during the 2nd quarter. Sentry Investment Management LLC now owns 5,890 shares of the technology company’s stock worth $974,000 after purchasing an additional 461 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Msci by 184.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 4,309 shares of the technology company’s stock worth $713,000 after purchasing an additional 2,792 shares during the period. Institutional investors own 91.24% of the company’s stock.

MSCI opened at $156.77 on Monday. Msci has a 12-month low of $115.17 and a 12-month high of $184.22. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 7.43. The stock has a market cap of $15.76 billion, a P/E ratio of 39.39, a PEG ratio of 3.39 and a beta of 0.88.

Msci Company Profile

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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Earnings History and Estimates for Msci (NYSE:MSCI)

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