FactSet Research Systems (NYSE:FDS) Updates FY25 Earnings Guidance

FactSet Research Systems (NYSE:FDS) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $16.80-$17.40 for the period, compared to the consensus estimate of $17.20. The company issued revenue guidance of $2.285-$2.305 billion, compared to the consensus revenue estimate of $2.30 billion.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a report on Friday, September 20th. Wells Fargo & Company upped their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research note on Friday, September 20th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a research note on Friday, November 15th. UBS Group lifted their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Finally, Morgan Stanley increased their target price on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $451.85.

FactSet Research Systems Stock Performance

Shares of FDS opened at $473.05 on Thursday. The company’s 50 day simple moving average is $476.21 and its 200-day simple moving average is $441.91. The firm has a market cap of $17.97 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 3.15 and a beta of 0.76. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The business had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business’s revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $4.12 earnings per share. As a group, equities analysts predict that FactSet Research Systems will post 17.2 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a $1.04 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.88%. FactSet Research Systems’s dividend payout ratio (DPR) is 29.93%.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $455.09, for a total value of $1,365,270.00. Following the completion of the sale, the chief executive officer now owns 12,987 shares of the company’s stock, valued at approximately $5,910,253.83. This trade represents a 18.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Costigan sold 1,622 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction of $780,182.00. Following the transaction, the insider now owns 299 shares in the company, valued at $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,984 shares of company stock worth $10,981,107. 1.10% of the stock is owned by insiders.

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.