SEI Investments (SEIC) to Release Quarterly Earnings on Thursday
SEI Investments (NASDAQ:SEIC) is set to issue its Q313 quarterly earnings data on Thursday, October 24th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $277.23 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Shares of SEI Investments (NASDAQ:SEIC) traded down 1.67% during mid-day trading on Wednesday, hitting $32.39. The stock had a trading volume of 346,535 shares. SEI Investments has a one year low of $20.79 and a one year high of $32.64. The stock has a 50-day moving average of $31.16 and a 200-day moving average of $29.63. The company has a market cap of $5.564 billion and a price-to-earnings ratio of 21.95.
On a related note, analysts at Zacks downgraded shares of SEI Investments from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, September 30th. They now have a $32.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $33.40.
SEI Investments Company (NASDAQ:SEIC) is a global provider of investment processing, investment management, and investment operations solutions.
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