Equities research analysts predict that Msci Inc (NYSE:MSCI) will post earnings per share of $1.68 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Msci’s earnings, with the lowest EPS estimate coming in at $1.59 and the highest estimate coming in at $1.75. Msci posted earnings of $1.54 per share in the same quarter last year, which indicates a positive year over year growth rate of 9.1%. The business is expected to report its next quarterly earnings results on Thursday, August 6th.

On average, analysts expect that Msci will report full year earnings of $7.06 per share for the current year, with EPS estimates ranging from $6.86 to $7.20. For the next year, analysts expect that the firm will report earnings of $7.82 per share, with EPS estimates ranging from $7.59 to $8.09. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow Msci.

Msci (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $1.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.68 by $0.22. The business had revenue of $416.78 million for the quarter, compared to the consensus estimate of $406.36 million. Msci had a negative return on equity of 286.63% and a net margin of 33.28%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 EPS.

Several analysts recently commented on the company. Morgan Stanley raised their price objective on Msci from $299.00 to $314.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. BMO Capital Markets raised their price objective on Msci from $311.00 to $346.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Finally, UBS Group dropped their price objective on Msci from $299.00 to $268.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $302.89.

Msci stock traded up $6.04 during mid-day trading on Thursday, hitting $331.79. 21,452 shares of the company’s stock were exchanged, compared to its average volume of 619,285. The firm has a market capitalization of $27.77 billion, a P/E ratio of 52.63 and a beta of 0.95. Msci has a fifty-two week low of $206.82 and a fifty-two week high of $356.66. The company’s 50 day simple moving average is $331.52 and its 200-day simple moving average is $298.28.

In other Msci news, COO Cd Baer Pettit sold 2,500 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $317.15, for a total transaction of $792,875.00. Following the completion of the transaction, the chief operating officer now owns 285,815 shares in the company, valued at approximately $90,646,227.25. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 6,903 shares of company stock valued at $2,128,151. Corporate insiders own 2.94% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in MSCI. Norges Bank bought a new position in shares of Msci in the 4th quarter valued at about $215,726,000. Capital International Investors grew its holdings in shares of Msci by 801.2% in the 4th quarter. Capital International Investors now owns 727,919 shares of the technology company’s stock valued at $187,934,000 after acquiring an additional 647,143 shares in the last quarter. FDx Advisors Inc. grew its holdings in shares of Msci by 1,158.5% in the 1st quarter. FDx Advisors Inc. now owns 550,090 shares of the technology company’s stock valued at $574,000 after acquiring an additional 506,381 shares in the last quarter. 1832 Asset Management L.P. grew its holdings in shares of Msci by 256.9% in the 1st quarter. 1832 Asset Management L.P. now owns 673,770 shares of the technology company’s stock valued at $199,273,000 after acquiring an additional 484,992 shares in the last quarter. Finally, WCM Investment Management LLC bought a new position in shares of Msci in the 1st quarter valued at about $127,387,000. Institutional investors own 91.84% of the company’s stock.

About Msci

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.

Featured Story: Return on Investment (ROI) Defined, Explained

Get a free copy of the Zacks research report on Msci (MSCI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Msci (NYSE:MSCI)

Receive News & Ratings for Msci Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Msci and related companies with MarketBeat.com's FREE daily email newsletter.