FactSet Research Systems Director Unloads $221,840 in Stock (FDS)
FactSet Research Systems (NYSE:FDS) Director Joseph Laird, Jr. sold 2,000 shares of FactSet Research Systems stock on the open market in a transaction dated Thursday, September 19th. The shares were sold at an average price of $110.92, for a total value of $221,840.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of FactSet Research Systems (NYSE:FDS) in a research note to investors on Thursday. They now have a $117.00 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of FactSet Research Systems (NYSE:FDS) from $91.00 to $109.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at BTIG Research reiterated a “sell” rating on shares of FactSet Research Systems (NYSE:FDS) in a research note to investors on Tuesday.
Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $100.50.
FactSet Research Systems (NYSE:FDS) traded down 0.26% during mid-day trading on Thursday, hitting $110.73. 238,357 shares of the company’s stock traded hands. FactSet Research Systems has a 52-week low of $86.88 and a 52-week high of $113.05. The stock has a 50-day moving average of $108.2 and a 200-day moving average of $100.8. The company has a market cap of $4.801 billion and a price-to-earnings ratio of 25.41. FactSet Research Systems also saw some unusual options trading on Monday. Investors acquired 7,085 put options on the company. This represents an increase of approximately 1,314% compared to the typical daily volume of 501 put options.
FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, September 17th. The company reported $1.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.21 by $0.01. The company had revenue of $219.30 million for the quarter, compared to the consensus estimate of $218.93 million. During the same quarter last year, the company posted $1.08 earnings per share. FactSet Research Systems’s revenue was up 5.6% compared to the same quarter last year. On average, analysts predict that FactSet Research Systems will post $5.02 earnings per share for the current fiscal year.
FactSet Research Systems Inc (NYSE:FDS) is a provider of integrated financial information and analytical applications to the global investment community.
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