|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||23.75 - 24.46|
|52 Week Range||16.99 - 27.32|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||49.29|
|Forward Dividend & Yield||0.15 (0.80%)|
|Ex-Dividend Date||Sep 28, 2020|
|1y Target Est||N/A|
"The downgrade takes into account SEI's weak margins when compared to its peers, and our expectation that its margins will remain weak even assuming some recovery over the next 12-18 months," says Motoki Yanase, a Moody's Vice President and Senior Credit Officer. "The stable outlook reflects our expectation that SEI will maintain its conservative financial policy, with moderate leverage," adds Yanase. "Additionally, we expect profit will remain supported by SEI's leading position in supplying wire harnesses to global automotive manufacturers, and by the business diversification in supplying telecommunications and electric utilities companies."
Takayuki Inoue will lead sales, marketing and distribution for the Daikin, Goodman, Amana® and Quietflex brands as EVP/Chief Sales & Marketing Officer
Daikin North America, a subsidiary of the world’s number one air conditioning (HVAC) company, acquires wholesale distributor Stevens Equipment Supply.