$2.47 Earnings Per Share Expected for FactSet Research Systems Inc. (NYSE:FDS) This Quarter

Wall Street analysts forecast that FactSet Research Systems Inc. (NYSE:FDS) will post earnings of $2.47 per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have made estimates for FactSet Research Systems’ earnings, with the highest EPS estimate coming in at $2.52 and the lowest estimate coming in at $2.41. FactSet Research Systems reported earnings per share of $2.42 during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.1%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, March 24th.

On average, analysts expect that FactSet Research Systems will report full-year earnings of $10.03 per share for the current financial year, with EPS estimates ranging from $9.95 to $10.13. For the next financial year, analysts expect that the firm will report earnings of $10.57 per share, with EPS estimates ranging from $10.40 to $10.92. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover FactSet Research Systems.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, December 19th. The business services provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.42 by $0.16. FactSet Research Systems had a net margin of 24.99% and a return on equity of 60.69%. The firm had revenue of $366.70 million for the quarter, compared to the consensus estimate of $367.42 million. During the same period last year, the firm posted $2.35 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year.

Several research analysts have recently issued reports on FDS shares. Credit Suisse Group set a $230.00 target price on shares of FactSet Research Systems and gave the stock a “hold” rating in a report on Friday, September 27th. Barclays restated a “hold” rating and issued a $270.00 target price on shares of FactSet Research Systems in a report on Wednesday, December 18th. UBS Group cut their target price on shares of FactSet Research Systems from $245.00 to $241.00 and set a “sell” rating on the stock in a report on Friday, December 20th. Jefferies Financial Group started coverage on shares of FactSet Research Systems in a report on Wednesday, November 27th. They issued a “hold” rating and a $253.00 target price on the stock. Finally, Stifel Nicolaus cut their target price on shares of FactSet Research Systems from $242.00 to $230.00 and set a “hold” rating on the stock in a report on Friday, September 27th. Five analysts have rated the stock with a sell rating and ten have given a hold rating to the company. FactSet Research Systems currently has a consensus rating of “Hold” and an average price target of $243.00.

In related news, Director Robin Ann Abrams sold 916 shares of FactSet Research Systems stock in a transaction on Monday, January 6th. The shares were sold at an average price of $266.86, for a total value of $244,443.76. Following the sale, the director now owns 4,438 shares in the company, valued at $1,184,324.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Frederick Philip Snow sold 1,186 shares of FactSet Research Systems stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $259.98, for a total transaction of $308,336.28. Following the completion of the sale, the chief executive officer now owns 4,980 shares in the company, valued at approximately $1,294,700.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,268 shares of company stock worth $3,523,570. 2.30% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the stock. Altman Advisors Inc. boosted its holdings in FactSet Research Systems by 0.6% in the fourth quarter. Altman Advisors Inc. now owns 6,665 shares of the business services provider’s stock valued at $1,788,000 after acquiring an additional 39 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of FactSet Research Systems by 0.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,968 shares of the business services provider’s stock valued at $1,207,000 after buying an additional 40 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its holdings in shares of FactSet Research Systems by 4.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 1,176 shares of the business services provider’s stock valued at $337,000 after buying an additional 55 shares in the last quarter. Smith Shellnut Wilson LLC ADV boosted its holdings in shares of FactSet Research Systems by 4.8% during the 3rd quarter. Smith Shellnut Wilson LLC ADV now owns 1,256 shares of the business services provider’s stock valued at $305,000 after buying an additional 57 shares in the last quarter. Finally, First Personal Financial Services boosted its holdings in shares of FactSet Research Systems by 1.0% during the 3rd quarter. First Personal Financial Services now owns 6,604 shares of the business services provider’s stock valued at $1,605,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 98.36% of the company’s stock.

Shares of FactSet Research Systems stock traded down $0.67 on Friday, hitting $275.72. The stock had a trading volume of 241,200 shares, compared to its average volume of 277,047. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.17. FactSet Research Systems has a one year low of $210.31 and a one year high of $305.38. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 3.06 and a beta of 0.95. The stock’s 50-day simple moving average is $267.81 and its two-hundred day simple moving average is $267.58.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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Earnings History and Estimates for FactSet Research Systems (NYSE:FDS)

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