SEI Investments Co (NASDAQ: SEIC) has reported earnings for its third fiscal quarter (ending September 30) of $1.20 versus $0.87 for the same period a year ago. E.P.S. were $4.18 for the latest four quarters through September 30 versus $3.40 for the same period a year ago.
Recent Price Action
SEI Investments Co (NASDAQ: SEIC) stock declined slightly by -0.6% on 10/23/24. The stock closed at $70.70. Moreover, this decline was accompanied by exceptionally high trading volume at 235% of normal. The stock has performed in line with the market over the last nine months and has declined -1.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SEIC is expected to continue to be a major Value Builder.
SEI Investments has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. SEI Investments has a slightly negative Appreciation Score of 33 but a slightly positive Power Rating of 64, and the Low 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.
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