Wall Street analysts expect FactSet Research Systems Inc. (NYSE:FDS) to announce $330.91 million in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for FactSet Research Systems’ earnings, with the highest sales estimate coming in at $333.00 million and the lowest estimate coming in at $328.67 million. FactSet Research Systems reported sales of $288.06 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 14.9%. The company is scheduled to issue its next earnings results before the market opens on Tuesday, December 19th.

On average, analysts expect that FactSet Research Systems will report full-year sales of $330.91 million for the current financial year, with estimates ranging from $1.35 billion to $1.37 billion. For the next fiscal year, analysts anticipate that the company will post sales of $1.44 billion per share, with estimates ranging from $1.41 billion to $1.46 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow FactSet Research Systems.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, September 26th. The business services provider reported $1.90 EPS for the quarter, beating the consensus estimate of $1.89 by $0.01. FactSet Research Systems had a net margin of 21.15% and a return on equity of 55.76%. The firm had revenue of $326.60 million for the quarter, compared to analyst estimates of $325.26 million. During the same period last year, the firm earned $1.69 EPS. The business’s quarterly revenue was up 13.7% compared to the same quarter last year.

Several equities analysts have commented on FDS shares. Goldman Sachs Group started coverage on shares of FactSet Research Systems in a report on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 target price on the stock. Zacks Investment Research downgraded shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Barclays raised their price target on shares of FactSet Research Systems from $164.00 to $175.00 and gave the company an “underweight” rating in a research note on Wednesday, September 27th. Bank of America restated a “neutral” rating and issued a $192.00 price target (up from $180.00) on shares of FactSet Research Systems in a research note on Wednesday, September 27th. Finally, Credit Suisse Group restated an “outperform” rating and issued a $205.00 price target (up from $200.00) on shares of FactSet Research Systems in a research note on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. FactSet Research Systems has an average rating of “Hold” and an average target price of $180.17.

FactSet Research Systems (NYSE FDS) traded up $0.44 during mid-day trading on Friday, reaching $202.46. 268,100 shares of the company’s stock traded hands, compared to its average volume of 308,417. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.03. FactSet Research Systems has a 52-week low of $155.09 and a 52-week high of $206.66. The company has a market cap of $7,990.00, a price-to-earnings ratio of 27.64, a P/E/G ratio of 2.29 and a beta of 0.97.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Thursday, November 30th will be paid a $0.56 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.11%. FactSet Research Systems’s payout ratio is currently 34.41%.

In related news, VP Matthew J. Mcnulty sold 1,049 shares of FactSet Research Systems stock in a transaction that occurred on Monday, October 2nd. The shares were 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 approximately $452,319. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Mark J. Hale sold 9,458 shares of FactSet Research Systems stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $180.34, for a total transaction of $1,705,655.72. Following the sale, the chief operating officer now owns 11,314 shares in the company, valued at $2,040,366.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,841 shares of company stock worth $3,224,739. 2.70% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in FactSet Research Systems by 7.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 500,148 shares of the business services provider’s stock worth $83,114,000 after buying an additional 32,742 shares during the period. Airain ltd acquired a new position in shares of FactSet Research Systems in the 2nd quarter worth approximately $1,195,000. Bank of New York Mellon Corp lifted its position in shares of FactSet Research Systems by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 475,631 shares of the business services provider’s stock worth $79,040,000 after purchasing an additional 2,224 shares during the period. Nomura Holdings Inc. lifted its position in shares of FactSet Research Systems by 113.3% in the 2nd quarter. Nomura Holdings Inc. now owns 3,066 shares of the business services provider’s stock worth $510,000 after purchasing an additional 26,180 shares during the period. Finally, Parsec Financial Management Inc. acquired a new position in shares of FactSet Research Systems in the 3rd quarter worth approximately $1,395,000. Institutional investors and hedge funds own 93.73% of the company’s stock.

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FactSet Research Systems Company Profile

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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Earnings History and Estimates for FactSet Research Systems (NYSE:FDS)

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