FactSet Research Systems (NYSE:FDS) Issues FY25 Earnings Guidance

FactSet Research Systems (NYSE:FDS) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $16.80-17.40 for the period, compared to the consensus EPS estimate of $17.18. FactSet Research Systems also updated its FY 2025 guidance to 16.800-17.400 EPS.

FactSet Research Systems Trading Up 1.0 %

Shares of FactSet Research Systems stock opened at $495.51 on Friday. 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 1.25 and a quick ratio of 1.25. The business has a 50 day moving average price of $460.40 and a 200 day moving average price of $433.15. The company has a market capitalization of $18.82 billion, a P/E ratio of 35.65, a P/E/G ratio of 3.25 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The business had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. During the same quarter last year, the company earned $2.93 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Sell-side analysts anticipate that FactSet Research Systems will post 17.2 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a dividend of $1.04 per share. The ex-dividend date is Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.84%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.93%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and cut their price target for the company from $420.00 to $380.00 in a report on Wednesday, October 9th. Royal Bank of Canada increased their target price on FactSet Research Systems from $464.00 to $503.00 and gave the stock a “sector perform” rating in a research report on Friday, September 20th. Stifel Nicolaus upped their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research note on Friday, September 20th. Wells Fargo & Company raised their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research report on Friday, September 20th. Finally, BMO Capital Markets upped their price target on shares of FactSet Research Systems from $440.00 to $471.00 and gave the stock a “market perform” rating in a research report on Friday, September 20th. Five investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $443.57.

Insider Transactions at FactSet Research Systems

In related news, insider John Costigan sold 1,622 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total value of $1,249,770.00. Following the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,380,259.85. This trade represents a 18.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 26,984 shares of company stock valued at $12,230,877 over the last quarter. Company insiders own 1.10% 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.