SEI Investments Co (NASDAQ: SEIC) Down -0.87%: This Is What Analysts Now Expect

SEI Investments Co (NASDAQ:SEIC) shares, rose in value on Friday, December 13, with the stock price down by -0.87% to the previous day’s close as strong demand from buyers drove the stock to $85.83.

Actively observing the price movement in the last trading, the stock closed the session at $86.58, falling within a range of $85.03 and $87.25. The value of beta (5-year monthly) was 0.974 whereas the PE ratio was 20.72 over 12-month period. Referring to stock’s 52-week performance, its high was $87.18, and the low was $60.55. On the whole, SEIC has fluctuated by 6.42% over the past month.

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With the market capitalization of SEI Investments Co currently standing at about $11.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.92, with its dividend yield at 1.07%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.12B, with a low estimate of 551.39M and a high estimate of 557.53M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 555.2M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SEIC’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 1.73, with the price of SEIC currently trading nearly 3.87% and 10.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 73.43, while the 7-day volatility ratio is showing 1.90% which for the 30-day chart, stands at 1.52%. Furthermore, SEI Investments Co (SEIC)’s beta value is 0.98, and its average true range (ATR) is 1.39.

A comparison of SEI Investments Co (SEIC) with its peers suggests the former has fared considerably weaker in the market. SEIC showed an intraday change of -0.87% in last session, and over the past year, it grew by 38.88%%.

Data on historical trading for SEI Investments Co (NASDAQ:SEIC) indicates that the trading volumes over the past 10 days have averaged 0.63 and over the past 3 months, they’ve averaged 672.15K. According to company’s latest data on outstanding shares, there are 128.76 million shares outstanding.

Nearly 24.57% of SEI Investments Co’s shares belong to company insiders and institutional investors own 72.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.34 million shares as on 2024-11-29, resulting in a short ratio of 2.07. According to the data, the short interest in SEI Investments Co (SEIC) stood at 121.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 1.56 million. The stock has risen by 35.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SEIC stock heading into the next quarter.

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