William Blair raised the price target for the SEI Investments Company (NASDAQ:SEIC) stock to “a Mkt perform”. The rating was released on July 25, 2022, according to finviz. The research report from Goldman has downgraded the stock from Buy to Neutral, with a price target set at $65. The stock was initiated by Truist, who disclosed in a research note on November 02, 2021, to Hold and set the price objective to $67. In their research brief published January 06, 2021, Goldman analysts initiated the SEI Investments Company stock to Buy with a price target of $70.50.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of SEI Investments Company (NASDAQ:SEIC) raised 0.92% to close Wednesday’s market session at $62.43, higher as compared to yesterday’s close. The stock price fluctuated between $61.705 and $62.44 throughout the trading session with the volume trading being 451500 shares, which represented a significant variation when compared to the three months average volume of 582.99K shares. The firm’s stock price fluctuated 1.40% within the last five trades and 27.43% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 11.58% in the last 6 months and 11.22% was added to its value over the previous 3 months. SEIC stock is trading at a margin of 9.24%, 17.54% and 12.10% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, SEIC deals in the Financial domain. The stock is trading -2.89 percent below its 52-week high and 34.84 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 9. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does SEI Investments Company’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 25.80 percent and the profit margin is 25.00 percent, and the company has reported a gross margin of 84.60 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $8.40 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for SEI Investments Company (NASDAQ:SEIC) is 17.10. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 17.90. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 4.13 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 4.37, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 7.20 percent of SEI Investments Company shares are owned by insiders, and 72.20 percent are held by financial institutions. HEILIG KATHY, the Treasurer at SEI Investments Company (SEIC) has sold 12,400 shares of firm on Nov 18 at a price of $61.00 against the total amount of $0.76 million. In another inside trade, HEILIG KATHY, Treasurer of SEI Investments Company (NASDAQ:SEIC) sold 100 shares of the firm on Nov 17 for a total worth of $6085.0 at a price of $60.85. An inside trade which took place on Nov 01, EXECUTIVE VICE PRESIDENT of SEI Investments Company WITHROW WAYNE sold 15,000 shares of firm against total price of $0.82 million at the cost of $54.51 per share.