Did Bullish Analysts Misfire on SEI Investments Company (SEIC), Banco Bradesco S.A. (BBD)

3 analysts out of 7 Wall Street brokerage firms rate SEI Investments Company (NASDAQ:SEIC) as a Buy, while 0 see it as a Sell. The rest 4 describe it as a Hold. SEIC stock traded higher to an intra-day high of $54.11. At one point in session, its potential discontinued and the price was down to lows at $53.53. Analysts have set SEIC’s consensus price at $60.4, effectively giving it a 11.87% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $65 (up 20.39% from current price levels). SEIC has a 29.8% ROE, higher than the 12.58% average for the industry. The average ROE for the sector is 15.38%.

It is expected that in Jun 2019 quarter SEIC will have an EPS of $0.79, suggesting a 5.33% growth. For Sep 2019 is projected at $0.82. It means that there could be a 2.5% growth in the quarter. Yearly earnings are expected to rise by 1.27% to about $3.18. As for the coming year, growth will be about 11.64%, lifting earnings to $3.55. RSI after the last trading period was 55.23. SEIC recorded a change of 1.48% over the past week and returned 4.81% over the last three months while the SEIC stock’s monthly performance revealed a shift in price of 4.94%. The year to date (YTD) performance stands at 16.86%, and the bi-yearly performance specified an activity trend of 11.39% while the shares have moved -18.79% for the past 12 months.

SEI Investments Company (SEIC) currently trades at $53.99, which is higher by 0.2% its previous price. It has a total of 150.71 million outstanding shares, with an ATR of around 1.1. The company’s stock volume dropped to 0.65 million, worse than 674.82 thousands that represents its 50-day average. A 5-day increase of about 1.48% in its price means SEIC is now 16.86% higher on year-to-date. The shares have surrendered $43406.01 since its $66.67 52-week high price recorded on 22nd of June 2018. Overall, it has seen a growth rate of -18.79 over the last 12 months. The current price per share is $11.72 above the 52 week low of $42.27 set on 26th of December 2018.

Banco Bradesco S.A. (NYSE:BBD) shares depreciated -0.11% over the last trading period, taking overall 5-day performance up to -1.68%. BBD’s price now at $9.39 is greater than the 50-day average of $8.98. Getting the trading period increased to 200 days, the stock price was seen at $8.38 on average. The general public currently hold control of a total of 5.76 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 8.03 billion. The company’s management holds a total of 0.02%, while institutional investors hold about 21.26% of the remaining shares. BBD share price finished last trade 4.87% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 13.37%, while closing the session with 4.73% distance from 50 day simple moving average.

Banco Bradesco S.A. (BBD) shares were last observed trading -10.03% down since January 31, 2019 when the peak of $10.44 was hit. Last month’s price growth of 11.44% puts BBD performance for the year now at 14.27%. Consequently, the shares price is trending higher by 78.73%, a 52-week worst price since Sep. 13, 2018. However, it is regaining value with 20.77% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $9.08 and $9.23. The immediate resistance area is now $9.52 Williams’s %R (14) for BBD moved to 26.32 while the stochastic %K points at 79.72.

BBD’s beta is 0; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $0.7 per share from its yearly profit to its outstanding shares. Its last reported revenue is $6.19 billion, which was -23% versus $8.03 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $0.17 compared to $0.19 in the year-ago quarter and had represented -11% year-over-year earnings per share growth. BBD’s ROA is 0%, lower than the 2.71% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 2.82%.

Estimated quarterly earnings for Banco Bradesco S.A. (NYSE:BBD) are around $0.19 per share in three months through June with $0.2 also the estimate for September quarter of the fiscal year. It means the growth is estimated at -5% and 17.65%, respectively. Analysts estimate full-year growth to be 9.86%, the target being $0.78 a share. The upcoming year will see an increase in growth by percentage to 12.82%, more likely to see it hit the $0.88 per share. The firm’s current profit margin over the past 12 months is 0%. BBD ranks lower in comparison to an average of 32.93% for industry peers; while the average for the sector is 32.42%.