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MSCI: Remain Bullish As There Is Still Upside From The Current Share Price

Jul. 27, 2023 3:59 AM ETMSCI Inc. (MSCI)VRSK, FICO, MCO
Jay Capital profile picture
Jay Capital
561 Followers

Summary

  • MSCI's 2Q23 results were largely in line with expectations, with revenue at $621 million and adjusted EBITDA at $377 million.
  • Despite a decline in ESG new subscription sales, management remains optimistic about their recovery.
  • I maintain a bullish outlook on MSCI stock, expecting performance to strengthen beyond FY23. The valuation also appears reasonable, considering the company's historical growth and comparability with peers.

Human hand uses a computer to find MSCI words.

WANAN YOSSINGKUM

Summary

Following my coverage on MSCI (NYSE:MSCI), which I recommended a buy rating based on my positive long-term view of the business, where its unique databases serve as a strong competitive advantage despite short-term earnings drags. This

This article was written by

Jay Capital profile picture
561 Followers
I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady long-term growth, no cyclicality, and a robust balance sheet.Nevertheless, investing in successful company is risky because one may end up paying too much (this is where valuation matters). I firmly believe this, yet there are situations where the development runway is so vast that price matters much less in the immediate future.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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