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

FactSet Research Systems (NYSE:FDS) will likely be announcing its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce 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.Investors interested in listening to the company’s conference call can do so using this link.

FactSet Research Systems (NYSE:FDS) last posted its earnings results 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. 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 for the quarter, compared to analysts’ expectations of $565.14 million. During the same period in the prior year, the company posted $4.12 EPS. The business’s revenue for the quarter 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 Stock Performance

NYSE FDS opened at $439.59 on Wednesday. FactSet Research Systems has a 1 year low of $391.84 and a 1 year high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $16.72 billion, a PE ratio of 31.51, a P/E/G ratio of 2.93 and a beta of 0.77. The company’s 50 day simple moving average is $456.86 and its two-hundred day simple moving average is $464.53.

FactSet Research Systems Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have recently commented on FDS shares. BMO Capital Markets decreased their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Wells Fargo & Company decreased their price target on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a report on Monday, March 10th. Morgan Stanley increased their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Finally, Stifel Nicolaus increased their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Hold” and an average price target 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.