SEI Investments falls short in Q3, EPS misses by $0.25

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Sei Investments Stock Fair Value – SEI ($NASDAQ:SEIC) Investments is a financial services company that provides investment management and investment processing services to clients. The company reported its third quarter results today, and unfortunately, it fell short of expectations. SEI Investments‘ Q3 GAAP EPS of $0.45 misses by $0.25, according to the company’s press release. This is a disappointing result, especially considering the company’s strong performance in the first half of the year. The company attributed the miss to higher expenses and lower revenues.

Looking forward, SEI Investments remains confident in its ability to generate long-term value for shareholders. The company is focused on executing its strategic initiatives and continues to invest in its business. SEI Investments is committed to delivering strong results over the long term, and today’s miss does not change that.

Earnings

SEI Investments falls short in Q3, EPS misses by $0.25. In the earning report of FY2022 Q2 ending June 30, SEI INVESTMENTS earned 2050.1M USD in total revenue, earned 584.9M USD in net income. Compared to previous year, 6.9% increase in total revenue, 7.0% increase in net income. SEI INVESTMENTS’s total revenue reached from 1684.1M USD to 2050.1M USD in the last 3 years.

Share Price

The media sentiment surrounding SEI Investments has been mostly negative since the announcement. On Wednesday, SEI Investments stock opened at $49.1 and closed at $49.4, up by 0.8% from the last closing price of $49.0. Despite the miss, the company’s stock price has remained relatively stable.

VI Analysis – Sei Investments Stock Fair Value Calculator

The company’s intrinsic value is around $67.4, which is calculated by the VI Line. Currently, SEI Investments shares are traded at $49.4, which represents a 27% discount to its intrinsic value.

VI Peers

The company’s clients include financial institutions, corporations, and high-net-worth individuals. SEI Investments Co. operates in three segments: Investment Management, Investment Processing, and Investment Operations. SEI Investments Co. competes with Vontobel Holding AG, Ninety One PLC, and CI Financial Corp. These companies also provide investment management, investment processing, and investment operations solutions to their clients.

– Vontobel Holding AG ($OTCPK:VONHF)

As of 2022, Vontobel Holding AG has a market cap of 3.11B. The company is a financial services provider that offers a range of services, including asset management, private banking, and investment banking.

– Ninety One PLC ($LSE:N91)

Ninety One PLC is a publicly traded company with a market capitalization of 1.63 billion as of 2022. The company has a Return on Equity of 66.37%. Ninety One PLC is engaged in the business of providing investment management services. The company offers a range of services including asset management, investment advisory, and private wealth management.

– CI Financial Corp ($TSX:CIX)

CI Financial Corp is a wealth management company headquartered in Toronto, Canada. As of 2021, it had $208 billion in assets under management and administration, and over 2,000 employees. The company offers a range of financial services and products, including asset management, investment banking, insurance, and mortgages.

Summary

SEI Investments is a global asset management and investment services company. The company offers a variety of investment products and services, including mutual funds, hedge funds, private equity, and real estate. SEI Investments has a long history of providing quality investment products and services to its clients. The company has a strong track record of performance, with its mutual funds consistently ranking among the top performers in their category. Despite its strong track record, SEI Investments has fallen short in recent years. This was the second consecutive quarter in which SEI Investments fell short of earnings expectations. Investors may be concerned about SEI Investments’ ability to continue to generate strong returns in the future.

However, the company’s long track record of success suggests that it is still a viable investment option. For investors looking for exposure to asset management, SEI Investments is worth considering.