FactSet Research Systems (FDS) Scheduled to Post Quarterly Earnings on Tuesday
FactSet Research Systems (NYSE:FDS) is set to announce its earnings results before the market opens on Tuesday, December 19th. Analysts expect the company to announce earnings of $1.94 per share for the quarter. FactSet Research Systems has set its Q1 guidance at $1.93-1.99 EPS.
FactSet Research Systems (NYSE:FDS) last posted its earnings results on Tuesday, September 26th. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.01. The company had revenue of $326.60 million for the quarter, compared to the consensus estimate of $325.26 million. FactSet Research Systems had a return on equity of 55.76% and a net margin of 21.15%. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.69 earnings per share. On average, analysts expect FactSet Research Systems to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Shares of FactSet Research Systems (NYSE FDS) opened at $204.05 on Tuesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.04 and a quick ratio of 2.04. The company has a market capitalization of $7,902.91, a PE ratio of 27.64, a P/E/G ratio of 2.29 and a beta of 0.97. FactSet Research Systems has a 52-week low of $155.09 and a 52-week high of $204.65.
In other FactSet Research Systems news, VP Matthew J. Mcnulty sold 1,049 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $181.00, for a total transaction of $189,869.00. Following the sale, the vice president now directly owns 2,499 shares in the company, valued at $452,319. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 7,334 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $181.24, for a total value of $1,329,214.16. Following the sale, the chief executive officer now owns 11,262 shares in the company, valued at $2,041,124.88. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,841 shares of company stock worth $3,224,739. Company insiders own 2.80% of the company’s stock.
A number of equities research analysts have issued reports on FDS shares. Northcoast Research upgraded FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 price objective on the stock in a research report on Thursday, September 21st. Zacks Investment Research upgraded FactSet Research Systems from a “hold” rating to a “buy” rating and set a $187.00 price objective on the stock in a research report on Friday, September 22nd. Credit Suisse Group restated an “outperform” rating and set a $200.00 price objective (up from $190.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. Morgan Stanley restated an “equal weight” rating and set a $166.00 price objective (up from $157.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. Finally, Stifel Nicolaus restated a “hold” rating and set a $169.00 price objective (up from $163.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $180.73.
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About FactSet Research Systems
Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.
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