FactSet Research Systems (NYSE:FDS) Announces Quarterly Earnings Results

FactSet Research Systems (NYSE:FDS) released its quarterly earnings data on Thursday. The business services provider reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.17 by $0.11, Zacks reports. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million. During the same quarter last year, the business posted $4.22 EPS. The business’s revenue was up 4.5% on a year-over-year basis. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS and its FY25 guidance to $16.80-17.40 EPS.

FactSet Research Systems Stock Down 1.5 %

Shares of NYSE:FDS opened at $431.75 on Friday. The stock has a fifty day simple moving average of $455.91 and a two-hundred day simple moving average of $464.12. The stock has a market capitalization of $16.42 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 2.93 and a beta of 0.77. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Friday, February 28th. FactSet Research Systems’s payout ratio is 29.82%.

Wall Street Analyst Weigh In

FDS has been the subject of several research analyst reports. Stifel Nicolaus increased their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Morgan Stanley increased their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Wells Fargo & Company dropped their price objective on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a report on Friday, March 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Finally, BMO Capital Markets lowered their target price on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems has an average rating of “Hold” and a consensus price target of $449.38.

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.