FactSet Research Systems Sets New 1-Year High at $129.06 (FDS)
FactSet Research Systems (NYSE:FDS) shares reached a new 52-week high on Tuesday , American Banking News.com reports. The company traded as high as $129.06 and last traded at $128.83, with a volume of 99,096 shares changing hands. The stock had previously closed at $127.41.
FDS has been the subject of a number of recent research reports. 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 equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $117.40.
The stock’s 50-day moving average is $122.2 and its 200-day moving average is $111.5. The company has a market cap of $5.379 billion and a P/E ratio of 26.71.
FactSet Research Systems (NYSE:FDS) last announced its earnings results on Tuesday, June 17th. The company reported $1.25 earnings per share (EPS) for the quarter, meeting the 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 in the previous year, the company posted $1.15 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Analysts expect that FactSet Research Systems will post $4.92 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 16th. Investors of record on Friday, August 29th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Wednesday, August 27th.
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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