$1.31 EPS Expected for Msci Inc (MSCI) This Quarter

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Equities research analysts predict that Msci Inc (NYSE:MSCI) will post earnings of $1.31 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Msci’s earnings, with the lowest EPS estimate coming in at $1.23 and the highest estimate coming in at $1.35. Msci posted earnings per share of $1.15 in the same quarter last year, which would suggest a positive year over year growth rate of 13.9%. The company is scheduled to announce its next earnings results on Thursday, February 7th.

On average, analysts expect that Msci will report full year earnings of $5.27 per share for the current financial year, with EPS estimates ranging from $5.19 to $5.33. For the next year, analysts expect that the company will post earnings of $5.94 per share, with EPS estimates ranging from $5.65 to $6.11. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Msci.

Msci (NYSE:MSCI) last released its quarterly earnings data on Thursday, November 1st. The technology company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.06. Msci had a net margin of 29.87% and a return on equity of 121.45%. The business had revenue of $357.90 million during the quarter, compared to analyst estimates of $359.91 million. During the same period in the previous year, the business earned $1.00 EPS. Msci’s revenue was up 11.1% compared to the same quarter last year.

MSCI has been the subject of a number of recent research reports. Barclays reiterated a “hold” rating and issued a $175.00 price objective on shares of Msci in a research note on Sunday, August 12th. Morgan Stanley set a $185.00 price target on shares of Msci and gave the company a “hold” rating in a research report on Thursday, September 13th. BMO Capital Markets reduced their price target on shares of Msci from $180.00 to $178.00 and set a “buy” rating for the company in a research report on Monday, November 5th. Finally, Zacks Investment Research restated a “hold” rating on shares of Msci in a research report on Wednesday, November 14th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $176.71.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of Msci by 12.6% during the 2nd quarter. FMR LLC now owns 8,714,865 shares of the technology company’s stock valued at $1,441,701,000 after purchasing an additional 976,018 shares in the last quarter. Fiera Capital Corp grew its position in Msci by 0.8% in the second quarter. Fiera Capital Corp now owns 3,414,461 shares of the technology company’s stock worth $564,855,000 after acquiring an additional 26,223 shares in the last quarter. Janus Henderson Group PLC grew its position in Msci by 2.8% in the third quarter. Janus Henderson Group PLC now owns 2,729,359 shares of the technology company’s stock worth $484,216,000 after acquiring an additional 73,505 shares in the last quarter. American Century Companies Inc. grew its position in Msci by 67.8% in the second quarter. American Century Companies Inc. now owns 1,737,968 shares of the technology company’s stock worth $287,512,000 after acquiring an additional 702,241 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Msci by 35.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,445,840 shares of the technology company’s stock worth $256,507,000 after acquiring an additional 377,801 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Msci stock traded down $2.57 during mid-day trading on Friday, reaching $149.75. The company’s stock had a trading volume of 831,933 shares, compared to its average volume of 744,574. Msci has a 12-month low of $124.08 and a 12-month high of $184.22. The firm has a market capitalization of $13.41 billion, a price-to-earnings ratio of 37.63, a P/E/G ratio of 2.89 and a beta of 1.07. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 6.80.

The company also recently declared a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 16th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Thursday, November 15th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.55%. Msci’s dividend payout ratio (DPR) is currently 58.29%.

About Msci

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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