FactSet Research Systems (NYSE:FDS) Announces Earnings Results

FactSet Research Systems (NYSE:FDS) issued its earnings results on Thursday. The business services provider reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11, Zacks reports. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $570.70 million for the quarter, compared to the consensus estimate of $570.65 million. During the same quarter in the previous year, the company posted $4.22 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS and its FY25 guidance to $16.80-17.40 EPS.

FactSet Research Systems Price Performance

Shares of FDS stock traded down $2.69 during trading hours on Thursday, hitting $435.71. The company had a trading volume of 87,790 shares, compared to its average volume of 272,873. The firm has a market capitalization of $16.57 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 2.93 and a beta of 0.77. FactSet Research Systems has a 12 month low of $391.84 and a 12 month high of $499.87. The firm’s fifty day moving average is $456.45 and its 200 day moving average is $464.35. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

FactSet Research Systems Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have commented on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a research report on Monday, March 10th. Wells Fargo & Company cut their price objective on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a research report on Friday, March 7th. Stifel Nicolaus upped their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. BMO Capital Markets cut their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. Finally, Morgan Stanley upped their price target 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 investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from 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.