MSCI Inc (NYSE:MSCI) will be announcing its earnings results before the market opens on Thursday, August 3rd. Analysts expect the company to announce earnings of $0.90 per share for the quarter.

MSCI (NYSE:MSCI) last issued its earnings results on Thursday, May 4th. The technology company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.03. The company had revenue of $301.21 million during the quarter, compared to analyst estimates of $303.88 million. MSCI had a net margin of 23.31% and a return on equity of 72.33%. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $0.68 EPS. On average, analysts expect MSCI to post $3.65 EPS for the current fiscal year and $4.26 EPS for the next fiscal year.

Shares of MSCI Inc (NYSE:MSCI) traded down 0.03% during midday trading on Thursday, hitting $110.32. 137,550 shares of the company’s stock were exchanged. MSCI Inc has a 52 week low of $76.52 and a 52 week high of $110.80. The company has a 50-day moving average of $105.18 and a 200-day moving average of $97.38. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 38.03 and a beta of 1.03.

Several research analysts have recently weighed in on MSCI shares. UBS AG reiterated a “buy” rating and issued a $114.00 price target (up previously from $99.00) on shares of MSCI in a report on Friday, May 5th. Cantor Fitzgerald reiterated a “buy” rating and issued a $100.00 price target on shares of MSCI in a report on Friday, May 5th. Zacks Investment Research upgraded shares of MSCI from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a report on Thursday, July 6th. BidaskClub cut shares of MSCI from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $97.00 price target (down previously from $98.00) on shares of MSCI in a report on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $100.71.

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In related news, COO Cd Baer Pettit sold 2,083 shares of the stock in a transaction on Monday, May 8th. The shares were sold at an average price of $99.57, for a total transaction of $207,404.31. Following the completion of the transaction, the chief operating officer now owns 184,515 shares in the company, valued at $18,372,158.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 6,249 shares of company stock valued at $639,439 in the last 90 days. 2.26% of the stock is currently owned by corporate insiders.

MSCI Company Profile

MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used 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.

Earnings History for MSCI (NYSE:MSCI)

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