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

FactSet Research Systems (NYSE:FDS) is anticipated to release its earnings data 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.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. During the same period in the prior year, the firm posted $4.12 EPS. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. 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 Trading Down 0.0 %

Shares of FDS stock opened at $439.59 on Wednesday. FactSet Research Systems has a 52-week low of $391.84 and a 52-week high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company has a 50-day simple moving average of $456.86 and a two-hundred day simple moving average of $464.53. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 31.51, a PEG ratio of 2.93 and a beta of 0.77.

FactSet Research Systems Dividend Announcement

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

Analysts Set New Price Targets

FDS has been the subject of a number of recent analyst reports. BMO Capital Markets reduced their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Stifel Nicolaus boosted their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Wells Fargo & Company dropped their target price on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Friday, March 7th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $449.38.

About FactSet Research Systems

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.