Msci (NYSE:MSCI) had its target price decreased by Morgan Stanley from $172.00 to $159.00 in a research report released on Tuesday. Morgan Stanley currently has an equal weight rating on the technology company’s stock.
Other equities analysts also recently issued research reports about the company. Barclays raised Msci from an equal weight rating to an overweight rating and raised their price target for the stock from $165.00 to $175.00 in a research report on Friday, December 7th. BMO Capital Markets dropped their price target on 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 reissued a hold rating on shares of Msci in a research report on Wednesday, November 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. Msci has an average rating of Buy and a consensus price target of $178.50.
NYSE MSCI opened at $154.83 on Tuesday. Msci has a 1-year low of $131.26 and a 1-year high of $184.22. The company has a market capitalization of $13.36 billion, a P/E ratio of 38.90, a PEG ratio of 2.55 and a beta of 1.05. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 6.80.
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 the consensus estimate of $1.29 by $0.06. Msci had a return on equity of 121.45% and a net margin of 29.87%. The firm had revenue of $357.90 million during the quarter, compared to the consensus estimate of $359.91 million. During the same period last year, the business posted $1.00 EPS. Msci’s quarterly revenue was up 11.1% on a year-over-year basis. On average, equities research analysts expect that Msci will post 5.28 EPS for the current fiscal year.
Several hedge funds have recently bought and sold shares of MSCI. Moody National Bank Trust Division acquired a new stake in shares of Msci during the fourth quarter worth $94,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Msci during the second quarter worth $114,000. Advisors Asset Management Inc. boosted its holdings in shares of Msci by 8,437.5% during the second quarter. Advisors Asset Management Inc. now owns 70,776 shares of the technology company’s stock worth $135,000 after purchasing an additional 69,947 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in Msci by 113.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 800 shares of the technology company’s stock valued at $142,000 after acquiring an additional 426 shares during the last quarter. Finally, Cerebellum GP LLC acquired a new position in Msci in the third quarter valued at $147,000. Institutional investors and hedge funds own 92.14% of the company’s stock.
Msci Company Profile
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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