Brokerages predict that FactSet Research Systems Inc. (NYSE:FDS) will report sales of $335.13 million for the current quarter, Zacks reports. Eight analysts have made estimates for FactSet Research Systems’ earnings. The highest sales estimate is $336.79 million and the lowest is $332.10 million. FactSet Research Systems reported sales of $294.35 million during the same quarter last year, which would suggest a positive year over year growth rate of 13.9%. The company is scheduled to announce its next earnings results on Tuesday, March 27th.

On average, analysts expect that FactSet Research Systems will report full-year sales of $335.13 million for the current fiscal year, with estimates ranging from $1.35 billion to $1.36 billion. For the next financial year, analysts forecast that the firm will report sales of $1.43 billion per share, with estimates ranging from $1.41 billion to $1.46 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover FactSet Research Systems.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.06. The business had revenue of $329.10 million for the quarter, compared to analysts’ expectations of $330.49 million. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.75 EPS.

Several analysts recently commented on the company. Piper Jaffray Companies restated a “hold” rating and issued a $199.00 target price on shares of FactSet Research Systems in a research report on Thursday, December 21st. Oppenheimer restated a “hold” rating on shares of FactSet Research Systems in a research report on Tuesday, December 19th. Wells Fargo & Co set a $185.00 target price on FactSet Research Systems and gave the company a “hold” rating in a research report on Wednesday, December 20th. DA Davidson assumed coverage on FactSet Research Systems in a research report on Thursday, December 14th. They issued a “neutral” rating and a $174.00 target price on the stock. Finally, Zacks Investment Research cut FactSet Research Systems from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. FactSet Research Systems has a consensus rating of “Hold” and an average target price of $183.46.

Shares of FactSet Research Systems (FDS) opened at $198.44 on Thursday. FactSet Research Systems has a 1 year low of $155.09 and a 1 year high of $207.25. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.64 and a quick ratio of 2.64. The company has a market capitalization of $7,739.61, a P/E ratio of 29.93, a P/E/G ratio of 2.25 and a beta of 0.97.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Thursday, November 30th were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 33.79%.

In other news, VP Matthew J. Mcnulty sold 1,400 shares of FactSet Research Systems stock in a transaction on Friday, December 29th. The stock was sold at an average price of $192.70, for a total transaction of $269,780.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director James J. Mcgonigle sold 1,186 shares of FactSet Research Systems stock in a transaction on Monday, January 8th. The shares were sold at an average price of $193.92, for a total value of $229,989.12. Following the transaction, the director now owns 22,754 shares in the company, valued at $4,412,455.68. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,405 shares of company stock worth $1,432,723. 2.70% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of the company. Schwab Charles Investment Management Inc. increased its position in shares of FactSet Research Systems by 4.8% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 168,001 shares of the business services provider’s stock valued at $32,384,000 after purchasing an additional 7,670 shares during the period. Profit Investment Management LLC increased its position in shares of FactSet Research Systems by 61.9% during the 4th quarter. Profit Investment Management LLC now owns 14,853 shares of the business services provider’s stock valued at $2,863,000 after purchasing an additional 5,681 shares during the period. Bank of Montreal Can boosted its stake in shares of FactSet Research Systems by 78.0% during the 4th quarter. Bank of Montreal Can now owns 6,739 shares of the business services provider’s stock worth $1,299,000 after acquiring an additional 2,954 shares in the last quarter. Tandem Investment Advisors Inc. boosted its stake in shares of FactSet Research Systems by 1.0% during the 4th quarter. Tandem Investment Advisors Inc. now owns 64,557 shares of the business services provider’s stock worth $12,444,000 after acquiring an additional 620 shares in the last quarter. Finally, Institutional & Family Asset Management LLC boosted its stake in shares of FactSet Research Systems by 1.5% during the 3rd quarter. Institutional & Family Asset Management LLC now owns 18,024 shares of the business services provider’s stock worth $3,246,000 after acquiring an additional 259 shares in the last quarter. Institutional investors own 93.89% 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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