MSCI Inc. (NYSE:MSCI – Get Rating) has been given an average recommendation of “Buy” by the ten analysts that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $556.50.
MSCI has been the subject of a number of analyst reports. Redburn Partners initiated coverage on MSCI in a report on Tuesday, May 17th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft lowered their target price on MSCI from $533.00 to $477.00 in a report on Wednesday, April 27th. Oppenheimer lowered their target price on MSCI from $724.00 to $602.00 in a report on Friday, January 28th. StockNews.com initiated coverage on MSCI in a report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Zacks Investment Research upgraded MSCI from a “hold” rating to a “buy” rating and set a $542.00 target price for the company in a report on Tuesday, April 5th.
In related news, insider Scott A. Crum sold 850 shares of the company’s stock in a transaction on Wednesday, February 23rd. The stock was sold at an average price of $508.80, for a total value of $432,480.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.02% of the stock is owned by corporate insiders.
Shares of NYSE MSCI opened at $417.68 on Tuesday. The firm has a market capitalization of $33.94 billion, a price-to-earnings ratio of 45.80 and a beta of 1.07. The stock has a 50 day moving average price of $462.64 and a 200 day moving average price of $530.81. MSCI has a 52-week low of $376.41 and a 52-week high of $679.85.
MSCI (NYSE:MSCI – Get Rating) last announced its quarterly earnings results on Tuesday, April 26th. The technology company reported $2.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.24. The firm had revenue of $559.90 million during the quarter, compared to analyst estimates of $563.18 million. MSCI had a negative return on equity of 205.88% and a net margin of 35.65%. MSCI’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.46 earnings per share. Equities research analysts anticipate that MSCI will post 11.41 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 31st. Investors of record on Friday, May 13th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, May 12th. MSCI’s payout ratio is 45.61%.
About MSCI (Get Rating)
MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
- Get a free copy of the StockNews.com research report on MSCI (MSCI)
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