Focus Financial Partners - FOCS Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Focus Financial Partners in the last year. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FOCS shares.
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6 Wall Street research analysts have issued 12 month target prices for Focus Financial Partners' shares. Their FOCS share price forecasts range from $35.00 to $85.00. On average, they anticipate the company's share price to reach $48.67 in the next year. This suggests a possible upside of 32.7% from the stock's current price.
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Focus Financial Partners' stock was trading at $59.72 at the beginning of the year. Since then, FOCS stock has decreased by 38.6% and is now trading at $36.68.
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Focus Financial Partners saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 2,230,000 shares, a decrease of 9.0% from the October 31st total of 2,450,000 shares. Based on an average daily volume of 323,300 shares, the days-to-cover ratio is currently 6.9 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) announced its quarterly earnings data on Thursday, November, 4th. The company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.96 by $0.12. The company had revenue of $454.50 million for the quarter, compared to analyst estimates of $445.40 million. Focus Financial Partners had a trailing twelve-month return on equity of 25.44% and a net margin of 4.67%. The company's revenue for the quarter was up 37.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.70 EPS.

Focus Financial Partners issued an update on its fourth quarter 2022 earnings guidance on Friday, November, 18th. The company provided EPS 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 IPO 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.32%), BlackRock Inc. (4.76%), Darlington Partners Capital Management LP (3.27%), Massachusetts Financial Services Co. MA (2.90%), Macquarie Group Ltd. (2.36%) and State Street Corp (1.55%). 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 $36.68.

Focus Financial Partners (NASDAQ:FOCS) has a market capitalization of $2.84 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.