FactSet Research Systems (FDS) Expected to Announce Earnings on Thursday

FactSet Research Systems (NYSE:FDS) is projected to post its quarterly earnings results before the market opens on Thursday, March 20th. Analysts expect FactSet Research Systems to post earnings of $4.20 per share and revenue of $570.65 million for the quarter. FactSet Research Systems has set its FY25 guidance at $16.80-$17.40 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the business earned $4.12 EPS. On average, analysts expect FactSet Research Systems to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

FactSet Research Systems Stock Up 0.7 %

Shares of FactSet Research Systems stock opened at $440.02 on Tuesday. The stock has a 50-day moving average price of $457.29 and a 200 day moving average price of $464.41. The company has a market cap of $16.73 billion, a P/E ratio of 31.54, a P/E/G ratio of 2.93 and a beta of 0.77. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems has a 1 year low of $391.84 and a 1 year high of $499.87.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 29.82%.

Analyst Ratings Changes

A number of research firms have recently weighed in on FDS. Stifel Nicolaus raised their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets cut their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Wells Fargo & Company cut their price target on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Friday, March 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research note on Monday, March 10th. Finally, Morgan Stanley raised their price target on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research note on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $449.38.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.