SEI Investments Co (NASDAQ: SEIC) has reported earnings for its first fiscal quarter (ending March 31) of $1.00 versus $0.80 for the same period a year ago. E.P.S. were $3.68 for the latest four quarters through March 31 versus $2.91 for the same period a year ago.
Recent Price Action
On 4/24/24, SEI Investments Co (NASDAQ: SEIC) stock declined slightly by -0.6%, closing at $66.60. Moreover, trading volume in this decline was exceptionally high at 300% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
SEIC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
SEI Investments has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. SEI Investments has a poor Appreciation Score of 30 but a good Power Rating of 84, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment