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 earnings per share (EPS) guidance of $16.80-$17.40 for the period, compared to the consensus estimate of $17.20. The company issued revenue guidance of $2.285-$2.305 billion, compared to the consensus revenue estimate of $2.30 billion.

Analyst Ratings Changes

FDS has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a research note on Friday, September 20th. UBS Group upped their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Friday. Evercore ISI initiated coverage on FactSet Research Systems in a report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price objective on the stock. Finally, BMO Capital Markets boosted their target price on FactSet Research Systems from $471.00 to $521.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and a consensus target price of $453.69.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $483.52 on Friday. The stock has a market cap of $18.37 billion, a P/E ratio of 34.79, a PEG ratio of 3.15 and a beta of 0.76. 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 firm has a 50-day moving average of $476.92 and a two-hundred day moving average of $442.24.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.25 by $0.12. The company had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The business’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the business posted $4.12 EPS. On average, research analysts expect that FactSet Research Systems will post 17.2 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were paid a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Friday, November 29th. FactSet Research Systems’s payout ratio is 29.93%.

Insider Buying and Selling

In other news, Director James J. Mcgonigle sold 5,410 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.83, for a total transaction of $2,471,450.30. Following the completion of the transaction, the director now owns 5,283 shares in the company, valued at approximately $2,413,432.89. This trade represents a 50.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Christopher R. Ellis sold 13,952 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the sale, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. The trade was a 37.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,984 shares of company stock valued at $10,981,107 in the last quarter. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Company Profile

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.