It is Poised to be a Bull Market for SEI Investments Co. (SEIC)

With 1.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.6 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $67.1 whereas the lowest price it dropped to was $64.0. The 52-week range on SEIC shows that it touched its highest point at $72.54 and its lowest point at $52.19 during that stretch. It currently has a 1-year price target of $73.00. With its current market cap of 8.68 billion, SEIC has annualized dividend of $0.92 while the current yield stands at 1.39%. Beta for the stock currently stands at 0.99.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SEIC was down-trending over the past week, with a drop of -1.49%, but this was up by 0.43% over a month. Three-month performance dropped to -0.80% while six-month performance rose 2.29%. The stock gained 3.28% in the past year, while it has gained 3.97% so far this year. A look at the trailing 12-month EPS for SEIC yields 3.82 with Next year EPS estimates of 4.55. For the next quarter, that number is 1.05. This implies an EPS growth rate of 21.44% for this year and 8.21% for next year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.96%.

Float and Shares Shorts:

At present, 131.18 million SEIC shares are outstanding with a float of 108.68 million shares on hand for trading. On 2024-07-15, short shares totaled 2.39 million, which was 182.0 higher than short shares on 1718323200. In addition to Mr. Alfred P. West Jr. as the firm’s Executive Chairman, Mr. Ryan P. Hicke serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.73693 of SEIC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SEIC reported revenue of $511579000.0 and operating income of $125851000.0. The EBITDA in the recently reported quarter was $187088000.0 and diluted EPS was $0.99.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SEIC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, SEIC has a current ratio of $0.92, which is $0.92 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and SEIC currently yields $1.39. In the past year, SEIC’s dividend yield has been $1.39, but when looking at the stock over the past five years, its yield has been $1.29. Accordingly, SEIC has a current buyback yield of $1.74. This was $1.74 for the TTM, and it was $3.53 for the past five years.