FactSet Research Systems (NYSE:FDS) Announces Earnings Results, Beats Estimates By $0.12 EPS

FactSet Research Systems (NYSE:FDS) posted its earnings results on Thursday. The business services provider reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.62 by $0.12, Briefing.com reports. FactSet Research Systems had a net margin of 23.56% and a return on equity of 34.48%. The company had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. During the same period last year, the business posted $2.93 earnings per share. The business’s revenue for the quarter was up 4.9% 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 Trading Down 0.7 %

NYSE FDS opened at $466.37 on Friday. FactSet Research Systems has a 12 month low of $391.84 and a 12 month high of $488.64. The company has a current ratio of 1.28, a quick ratio of 1.79 and a debt-to-equity ratio of 0.66. The stock has a 50 day moving average of $421.66 and a 200-day moving average of $428.58. The company has a market cap of $17.74 billion, a PE ratio of 35.17, a PEG ratio of 2.64 and a beta of 0.75.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Friday, August 30th were paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date was Friday, August 30th. FactSet Research Systems’s dividend payout ratio is currently 31.37%.

Analyst Upgrades and Downgrades

Several analysts recently commented on FDS shares. Bank of America downgraded FactSet Research Systems from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $500.00 to $407.00 in a research note on Thursday, May 30th. Jefferies Financial Group cut their price objective on FactSet Research Systems from $455.00 to $378.00 and set a “hold” rating on the stock in a report on Wednesday, June 5th. Morgan Stanley increased their target price on FactSet Research Systems from $350.00 to $355.00 and gave the stock an “underweight” rating in a research note on Monday, June 24th. Wells Fargo & Company upped their price target on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday. Finally, UBS Group raised their price objective on shares of FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a report on Friday. Four investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company. According to data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Hold” and an average target price of $446.67.

Insider Buying and Selling

In related news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $408.98, for a total value of $1,226,940.00. Following the completion of the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $5,281,976.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Robin Ann Abrams sold 2,375 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $420.71, for a total transaction of $999,186.25. Following the completion of the sale, the director now owns 9,193 shares in the company, valued at approximately $3,867,587.03. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $408.98, for a total transaction of $1,226,940.00. Following the sale, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $5,281,976.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,432 shares of company stock worth $5,166,986. Insiders own 1.00% of the company’s stock.

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.