FactSet Research Systems (NYSE:FDS) Issues FY25 Earnings Guidance

FactSet Research Systems (NYSE:FDS) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $16.80-17.40 for the period, compared to the consensus EPS estimate of $17.18. FactSet Research Systems also updated its FY 2025 guidance to 16.800-17.400 EPS.

Analyst Ratings Changes

Several brokerages have weighed in on FDS. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Friday. BMO Capital Markets upped their price target on FactSet Research Systems from $471.00 to $521.00 and gave the stock a “market perform” rating in a report on Friday. Redburn Atlantic cut FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Wells Fargo & Company upped their target price on FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday, September 20th. Finally, Evercore ISI began coverage on FactSet Research Systems in a research report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price target for the company. Five equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems currently has an average rating of “Hold” and a consensus price target of $450.00.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $483.90 on Friday. The firm has a market capitalization of $18.38 billion, a P/E ratio of 34.81, a PEG ratio of 3.25 and a beta of 0.75. FactSet Research Systems has a 52 week low of $391.84 and a 52 week high of $499.87. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average price of $461.60 and a 200 day moving average price of $433.57.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12. The company had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. FactSet Research Systems’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $2.93 EPS. Equities research analysts anticipate that FactSet Research Systems will post 17.2 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.93%.

Insider Activity

In related news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $5,380,259.85. The trade was a 18.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider John Costigan sold 1,622 shares of the stock in a transaction dated Monday, November 11th. The shares were 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 directly owns 299 shares of the company’s stock, valued at $143,819. This represents a 84.44 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,984 shares of company stock valued at $12,230,877. Company insiders own 1.10% of the company’s stock.

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.