Federated Investors Inc (NYSE:FII) Released Q3 Results

[Capital Cube] Federated Investors Inc (NYSE:FII)(TREND ANALYSIS) Summary numbers: Revenues of USD 234.32 million, Net Earnings of USD 42.43 million, and Earnings per Share (EPS) of USD 0.42.

Gross margins narrowed from 75.67% to 74.90% compared to the same quarter last year, operating (EBITDA) margins now 31.27% from 28.06%.

Earnings growth from operating margin improvements as well as one-time items.

Stock Performance: Click here for a free comprehensive Trend Analysis Report

Federated Investors Inc (NYSE:FII) stock is currently trading 13.43% below its 52-week-high, 12.5% above its 52-week-low. The 1-year stock price history is in the range of $27.51 – $35.75. Federated Investors Inc (FII) has a price to earnings ratio of 20.1 versus Financial sector average of 16.17. FII stock price has underperformed the S&P 500 by 6.1%. The Invest Management & Advisory Services company is currently valued at $3.11 billion and its share price closed the last trading session at $30.95. The stock has a 50-day moving average of $29.81 and a 200-day moving average of $32.76.

Federated Investors Inc (FII) current short interest stands at 7.43 million shares. It has decreased by 3% from the same period of last month. Around 9% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.58 million shares, the number of days required to cover the short positions stand at 12.8 days.

FII reported last quarter earnings on October 22. The Invest Management & Advisory Services company announced earnings per share of $0.42 against a consensus Street estimate of $0.4, beating the average estimate by $0.02. This corresponds to an increase of $0.05 compared to the same quarter of the previous fiscal year.

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There are currently twelve analysts that cover Federated Investors Inc stock. Of those twelve, three have a Buy rating, five have a Hold rating and four have a Sell rating. On a consensus basis this yields to a Hold rating. The consensus target price stands at $30.7.

A recent analyst activity consisted of Keefe Bruyette& Woods reiterating their Market Perform stance on October 26. Keefe Bruyette& Woods increased their price target on FII from $33 to $35. This corresponds to a 13.09% upside from the last closing price. On the date of report, the stock closed at $30.95.

JP Morgan reiterated their Underweight stance on September 8, and decreased their price target from $28 to $26. This corresponds to a 15.99% downside from the last closing price. On the date of report, the stock closed at $30.59.

Federated Investors Inc (FII) has a debt to equity ratio of 40% compared to Financial sector average of 151.4%. The company has a current ratio of 2.56. This ratio should be higher than one (ideally two) and is an indicator to show if the company is able to finance its short term obligations. Indeed it should have higher short term assets to dispose in order to cover for its short term liabilities.

Company Snapshot

Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).

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