FactSet Research Systems Reaches New 52-Week High at $123.95 (FDS)
FactSet Research Systems (NYSE:FDS)’s share price hit a new 52-week high on Wednesday , AnalystRatingsNetwork reports. The stock traded as high as $123.95 and last traded at $123.27, with a volume of 73,149 shares. The stock had previously closed at $122.29.
A number of research firms have recently commented on FDS. Analysts at Zacks reiterated a “neutral” rating on shares of FactSet Research Systems in a research note on Friday, August 1st. They now have a $126.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of FactSet Research Systems in a research note on Thursday, July 24th. They set a “buy” rating and a $138.00 price target on the stock. Finally, analysts at Barclays raised their price target on shares of FactSet Research Systems from $115.00 to $124.00 in a research note on Monday, July 14th. They now have an “equal weight” rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. FactSet Research Systems presently has a consensus rating of “Hold” and a consensus target price of $117.40.
The stock has a 50-day moving average of $120.7 and a 200-day moving average of $110.1. The company has a market cap of $5.171 billion and a price-to-earnings ratio of 25.64.
FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, June 17th. The company reported $1.25 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.25. The company had revenue of $231.80 million for the quarter, compared to the consensus estimate of $230.57 million. During the same quarter last year, the company posted $1.15 earnings per share. FactSet Research Systems’s revenue was up 8.0% compared to the same quarter last year. Analysts expect that FactSet Research Systems will post $4.92 EPS 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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