SEI Investments Co. (NASDAQ: SEIC) has a price-to-earnings ratio of 19.26x that is above its average ratio. Additionally, the 36-month beta value for SEIC is 1.02. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for SEIC is 108.10M and currently, short sellers hold a 2.01% ratio of that float. The average trading volume of SEIC on April 25, 2024 was 544.16K shares.
SEIC) stock’s latest price update
The stock price of SEI Investments Co. (NASDAQ: SEIC) has dropped by -0.60 compared to previous close of 67.00. Despite this, the company has seen a gain of 0.79% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that Although the revenue and EPS for SEI (SEIC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SEIC’s Market Performance
SEIC’s stock has risen by 0.79% in the past week, with a monthly drop of -5.69% and a quarterly rise of 3.11%. The volatility ratio for the week is 1.56% while the volatility levels for the last 30 days are 1.53% for SEI Investments Co. The simple moving average for the past 20 days is -3.47% for SEIC’s stock, with a 6.30% simple moving average for the past 200 days.
Analysts’ Opinion of SEIC
Many brokerage firms have already submitted their reports for SEIC stocks, with Piper Sandler repeating the rating for SEIC by listing it as a “Neutral.” The predicted price for SEIC in the upcoming period, according to Piper Sandler is $60 based on the research report published on March 29, 2023 of the previous year 2023.
Morgan Stanley gave a rating of “Underweight” to SEIC, setting the target price at $55 in the report published on July 12th of the previous year.
SEIC Trading at -2.70% from the 50-Day Moving Average
After a stumble in the market that brought SEIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.19% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares sank -5.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.89% lower at present.
During the last 5 trading sessions, SEIC rose by +0.79%, which changed the moving average for the period of 200-days by +11.90% in comparison to the 20-day moving average, which settled at $68.80. In addition, SEI Investments Co. saw 4.80% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SEIC starting from WEST ALFRED P JR, who sale 19,363 shares at the price of $72.14 back on Mar 28 ’24. After this action, WEST ALFRED P JR now owns 7,865,471 shares of SEI Investments Co., valued at $1,396,847 using the latest closing price.
WEST ALFRED P JR, the Executive Chairman of SEI Investments Co., sale 150,000 shares at $70.75 during a trade that took place back on Mar 26 ’24, which means that WEST ALFRED P JR is holding 7,884,834 shares at $10,612,500 based on the most recent closing price.
Stock Fundamentals for SEIC
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.72 for the gross margin
The net margin for SEI Investments Co. stands at 0.25. The total capital return value is set at 0.2. Equity return is now at value 22.63, with 18.85 for asset returns.
Based on SEI Investments Co. (SEIC), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 18.65. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 1486.18.
Currently, EBITDA for the company is 501.25 million with net debt to EBITDA at -1.4. When we switch over and look at the enterprise to sales, we see a ratio of 4.04. The receivables turnover for the company is 3.5for trailing twelve months and the total asset turnover is 0.76.
Conclusion
In conclusion, SEI Investments Co. (SEIC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
