FactSet Research Systems (NYSE:FDS) issued an update on its FY20 earnings guidance on Thursday morning. The company provided earnings per share guidance of $9.85-10.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.02. The company issued revenue guidance of $1.49-1.50 billion, compared to the consensus revenue estimate of $1.49 billion.FactSet Research Systems also updated its FY 2020
Pre-Market guidance to 9.85-10.15 EPS.
FactSet Research Systems stock opened at $232.73 on Thursday. The stock’s 50 day simple moving average is $271.65 and its two-hundred day simple moving average is $265.40. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.63 and a current ratio of 2.63. The stock has a market cap of $8.77 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 2.56 and a beta of 0.94. FactSet Research Systems has a fifty-two week low of $195.22 and a fifty-two week high of $310.25.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 28th were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Thursday, February 27th. FactSet Research Systems’s payout ratio is presently 28.80%.
A number of equities research analysts have commented on the stock. Jefferies Financial Group assumed coverage on shares of FactSet Research Systems in a research report on Wednesday, November 27th. They issued a hold rating and a $253.00 target price for the company. UBS Group cut their price target on FactSet Research Systems from $245.00 to $241.00 and set a sell rating for the company in a research note on Friday, December 20th. Finally, Barclays reaffirmed a hold rating and set a $270.00 price target on shares of FactSet Research Systems in a research report on Wednesday, December 18th. Five equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $243.00.
In related news, Director James J. Mcgonigle sold 2,683 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $267.28, for a total transaction of $717,112.24. Following the transaction, the director now directly owns 20,716 shares in the company, valued at approximately $5,536,972.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frederick Philip Snow sold 1,769 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $286.84, for a total transaction of $507,419.96. Following the transaction, the chief executive officer now owns 5,563 shares in the company, valued at $1,595,690.92. The disclosure for this sale can be found here. Insiders sold 12,665 shares of company stock worth $3,420,650 in the last three months. 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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