What's Going On With MSCI Stock On Monday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2024
0mins
Source: Yahoo Finance
MSCI Inc Financial Performance:
- Reported a 14.8% revenue growth in Q1 but missed consensus expectations.
- Adjusted EPS beat expectations at $3.52.
- Total run-rate increased by 14.6% to $2.73 billion.
- Operating revenues from various segments like Index, Analytics, ESG, and Others showed growth.
- Operating margin and adjusted EBITDA margin declined.
Outlook and Comments:
- Reiterated operating expense guidance and free cash flow for FY24.
- CEO mentioned managing through unusual client events affecting cancels.
- Fiscal revenue and adjusted EPS consensus for the year are $2.85 billion and $14.92.
Stock Performance and Recommendations:
- MSCI stock price dropped by over 5% in the last 12 months.
- Investors can access MSCI stock through ETFs like IAI and LCG.
- Current price action shows MSCI shares trading lower at $448.79.
Analyst Views on MSCI
Wall Street analysts forecast MSCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSCI is 648.88 USD with a low forecast of 570.00 USD and a high forecast of 710.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 588.970
Low
570.00
Averages
648.88
High
710.00
Current: 588.970
Low
570.00
Averages
648.88
High
710.00
About MSCI
MSCI Inc. (MSCI) is a provider of critical decision support tools and solutions for the global investment community. The Company operates through four segments: Index, Analytics, ESG and Climate, and All Other-Private Assets. The Index segment offers products, such as MSCI Global Equity Indexes, ESG and Climate Indexes, Factor Indexes, Thematic Indexes, Client-Designed Indexes, Fixed Income Indexes and Real Assets Indexes. The Analytics segment offers risk management, performance attribution and portfolio management content, applications and services. Its ESG and Climate segment offerings include MSCI ESG Ratings, MSCI ESG Business Involvement Screening Research, and MSCI Climate Solutions. The Company's All Other-Private Assets segment comprises the Real Assets segment and Private Capital Solutions segment. The Real Assets segment offers data, benchmarks, return-analytics, climate assessments and market insights for tangible assets such as real estate and infrastructure.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
