FactSet Research Systems (NYSE:FDS) Issues Earnings Results

FactSet Research Systems (NYSE:FDS) released its earnings results on Wednesday. The business services provider reported $4.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.35 by ($0.24), FiscalAI reports. The business had revenue of $634.70 million for the quarter, compared to analyst estimates of $629.83 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. FactSet Research Systems updated its FY 2027 guidance to 19.250-19.650 EPS.

FactSet Research Systems Trading Up 1.3%

FactSet Research Systems stock opened at $263.26 on Wednesday. FactSet Research Systems has a 52 week low of $185.00 and a 52 week high of $320.48. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market capitalization of $9.36 billion, a P/E ratio of 17.48, a PEG ratio of 1.54 and a beta of 0.71. The stock has a 50-day simple moving average of $282.18 and a 200 day simple moving average of $248.11.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

Analyst Ratings Changes

Several brokerages recently weighed in on FDS. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a report on Wednesday, July 22nd. Barclays lifted their target price on shares of FactSet Research Systems from $216.00 to $250.00 and gave the stock an “underweight” rating in a report on Tuesday, September 8th. Bank of America upped their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a research report on Thursday, July 2nd. Wells Fargo & Company increased their price target on FactSet Research Systems from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada boosted their price objective on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $266.36.

About FactSet Research Systems

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.