FactSet Research Systems (NYSE:FDS – Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 16.800-17.400 for the period, compared to the consensus earnings per share estimate of 17.170. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Evercore ISI started coverage on FactSet Research Systems in a research report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 target price on the stock. Wells Fargo & Company lifted their price target on FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research report on Friday, September 20th. BMO Capital Markets reduced their target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. Stifel Nicolaus raised their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Finally, UBS Group upped their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Hold” and an average price target of $453.46.
View Our Latest Report on FactSet Research Systems
FactSet Research Systems Stock Performance
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $0.12. The company had revenue of $568.70 million during the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.12 earnings per share. As a group, research analysts forecast that FactSet Research Systems will post 17.2 earnings per share for the current year.
FactSet Research Systems Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were issued a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a dividend yield of 0.87%. The ex-dividend date was Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.
Insiders Place Their Bets
In related news, insider John Costigan sold 1,622 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the transaction, the insider now owns 299 shares in the company, valued at $143,819. This trade represents a 84.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.10% of the stock is owned by insiders.
About FactSet Research Systems
FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.
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