FactSet Research Systems (NYSE:FDS) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided EPS guidance of 9.85-10.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $10.02. The company issued revenue guidance of $1.49-1.5 billion, compared to the consensus revenue estimate of $1.49 billion.
NYSE:FDS opened at $232.73 on Thursday. The company’s 50 day moving average is $271.65 and its two-hundred day moving average is $265.40. The company has a market cap of $8.77 billion, a PE ratio of 24.94, a P/E/G ratio of 2.56 and a beta of 0.94. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.17. FactSet Research Systems has a twelve month low of $195.22 and a twelve month high of $310.25.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 28th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $2.88 annualized dividend and a dividend yield of 1.24%. FactSet Research Systems’s dividend payout ratio is presently 28.80%.
Several brokerages recently weighed in on FDS. UBS Group lowered their price target on FactSet Research Systems from $245.00 to $241.00 and set a sell rating for the company in a report on Friday, December 20th. Barclays reaffirmed a hold rating and set a $270.00 target price on shares of FactSet Research Systems in a report on Wednesday, December 18th. Finally, Jefferies Financial Group initiated coverage on FactSet Research Systems in a report on Wednesday, November 27th. They issued a hold rating and a $253.00 target price on the stock. Five research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. The company presently has an average rating of Hold and a consensus target price of $243.00.
In other news, Director Robin Ann Abrams sold 916 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $266.86, for a total value of $244,443.76. Following the completion of the transaction, the director now owns 4,438 shares of the company’s stock, valued at $1,184,324.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 1,778 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $268.66, for a total transaction of $477,677.48. Following the completion of the transaction, the chief executive officer now directly owns 5,572 shares of the company’s stock, valued at approximately $1,496,973.52. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,665 shares of company stock valued at $3,420,650. Company insiders own 2.30% of the company’s stock.
About FactSet Research Systems
FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.
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