Stock Rating Downgrade
In recent days the Value Trend Rating for SEI Investments Co (NASDAQ: SEIC) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/15/23, SEI Investments Co (NASDAQ: SEIC) stock declined modestly by -1.5%, closing at $62.00. Moreover, exceptionally high trading volume at 304% of normal accompanied the decline. The stock has risen 3.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SEIC is expected to continue to be a major Value Builder.
SEI Investments has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. SEI Investments has a poor Appreciation Score of 20 but a slightly positive Power Rating of 66, leading to the Negative Value Trend Rating.
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