MSCI (MSCI) Scheduled to Post Earnings on Tuesday

MSCI (NYSE:MSCI) will announce its earnings results before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $3.75 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, beating analysts’ consensus estimates of $3.55 by $0.09. The business had revenue of $707.90 million for the quarter, compared to analysts’ expectations of $696.41 million. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period last year, the business earned $3.26 earnings per share. On average, analysts expect MSCI to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

MSCI Stock Performance

Shares of MSCI opened at $604.22 on Tuesday. MSCI has a fifty-two week low of $439.95 and a fifty-two week high of $617.39. The firm has a 50 day moving average price of $575.71 and a 200-day moving average price of $526.86. The firm has a market cap of $47.87 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 3.21 and a beta of 1.11.

Analyst Ratings Changes

MSCI has been the subject of several analyst reports. The Goldman Sachs Group upped their price target on shares of MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Evercore ISI initiated coverage on MSCI in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 price target on the stock. Barclays lifted their price target on MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Wells Fargo & Company raised their target price on shares of MSCI from $570.00 to $600.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Finally, Morgan Stanley lifted their target price on shares of MSCI from $615.00 to $640.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 24th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, MSCI currently has an average rating of “Moderate Buy” and a consensus price target of $615.23.

MSCI Company Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.