Focus Financial Partners - FOCS Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Focus Financial Partners in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FOCS shares.
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8 brokerages have issued 12 month price targets for Focus Financial Partners' shares. Their FOCS share price forecasts range from $35.00 to $53.00. On average, they expect the company's stock price to reach $46.29 in the next twelve months. This suggests that the stock has a possible downside of 8.0%.
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Focus Financial Partners' stock was trading at $37.27 at the beginning of the year. Since then, FOCS shares have increased by 34.9% and is now trading at $50.29.
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Focus Financial Partners saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,380,000 shares, an increase of 14.4% from the December 31st total of 2,080,000 shares. Based on an average daily volume of 287,800 shares, the days-to-cover ratio is currently 8.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our FOCS earnings forecast.

Focus Financial Partners Inc. (NASDAQ:FOCS) posted its quarterly earnings results on Thursday, November, 4th. The company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.96 by $0.12. The business earned $454.50 million during the quarter, compared to analysts' expectations of $445.40 million. Focus Financial Partners had a net margin of 4.67% and a trailing twelve-month return on equity of 25.44%. The firm's quarterly revenue was up 37.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.70 EPS.

Focus Financial Partners issued an update on its fourth quarter 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $505.00 million-$515.00 million, compared to the consensus revenue estimate of $520.07 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Focus Financial Partners investors own include Procter & Gamble (PG), Pfizer (PFE), Cisco Systems (CSCO), Raytheon Technologies (RTX), Johnson & Johnson (JNJ), Abbott Laboratories (ABT), Home Depot (HD), NVIDIA (NVDA) and QUALCOMM (QCOM).

(FOCS) raised $599 million in an initial public offering on Thursday, July 26th 2018. The company issued 16,200,000 shares at a price of $35.00-$39.00 per share. Goldman Sachs, BofA Merrill Lynch, KKR, BMO Capital Markets, RBC Capital Markets and SunTrust Robinson Humphrey served as the underwriters for the IPO and Fifth Third Securities, Keefe, Bruyette & Woods (A Stifel Company), MUFG? Raymond James, Regions Securities and William Blair were co-managers.

Focus Financial Partners trades on the NASDAQ under the ticker symbol "FOCS."

Focus Financial Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Winslow Asset Management Inc. (0.28%), Peregrine Capital Management LLC (0.27%), Phocas Financial Corp. (0.27%), Moody Aldrich Partners LLC (0.21%), Fisher Asset Management LLC (0.12%) and New York State Common Retirement Fund (0.09%). Insiders that own company stock include James Shanahan, John Russell Mcgranahan, Kkr Group Partnership LP, Leonard R Chang, Rajini Sundar Kodialam, Ruediger Adolf and Stone Point Capital Llc.
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Shares of FOCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FOCS stock can currently be purchased for approximately $50.29.

Focus Financial Partners (NASDAQ:FOCS) has a market capitalization of $3.90 billion and generates $1.80 billion in revenue each year. The company earns $10.41 million in net income (profit) each year or $1.50 on an earnings per share basis.

The company employs 4,400 workers across the globe.

Focus Financial Partners' mailing address is 875 Third Avenue 28th Floor, New York NY, 10022. The official website for the company is www.focusfinancialpartners.com. The company can be reached via phone at (646) 519-2456 or via email at tmadon@focuspartners.com.