FactSet Research Systems Receives Average Rating of “Hold” from Brokerages (NYSE:FDS)
Shares of FactSet Research Systems (NYSE:FDS) have received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the company, American Banking & Market News reports. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $117.40.
Shares of FactSet Research Systems (NYSE:FDS) opened at 127.40 on Wednesday. FactSet Research Systems has a 52 week low of $101.07 and a 52 week high of $129.28. The stock’s 50-day moving average is $123.0 and its 200-day moving average is $112.1. The company has a market cap of $5.360 billion and a P/E ratio of 26.60.
FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data 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. On average, analysts predict that FactSet Research Systems will post $4.92 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 16th. Shareholders 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.
Several analysts have recently commented on the stock. 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.
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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