Zacks Research Issues Optimistic Outlook for FDS Earnings

Key Points

• Zacks Research raised FactSet’s Q1 2027 EPS estimate to $4.92 from $4.77 and projects earnings growth through fiscal 2029, with FY2029 EPS forecast at $23.97.
• FactSet recently beat quarterly expectations, reporting $4.52 EPS versus the $4.35 consensus and revenue of $634.7 million; revenue increased 6.3% year over year, while FY2027 guidance remains $19.25–$19.65 EPS.
• Despite the optimistic near-term outlook, analysts remain cautious: FactSet has a consensus “Reduce” rating and a $271.79 average price target, while Zacks lowered several later-quarter and FY2028 estimates.

FactSet Research Systems Inc. (NYSE:FDS - Free Report) - Research analysts at Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for FactSet Research Systems in a report released on Friday, October 16th. Zacks Research analyst Team now forecasts that the business services provider will earn $4.92 per share for the quarter, up from their previous estimate of $4.77. The consensus estimate for FactSet Research Systems' current full-year earnings is $19.63 per share. Zacks Research also issued estimates for FactSet Research Systems' Q2 2027 earnings at $4.90 EPS, Q3 2027 earnings at $4.83 EPS, Q4 2027 earnings at $4.84 EPS, Q1 2028 earnings at $5.20 EPS, Q2 2028 earnings at $5.37 EPS, Q3 2028 earnings at $5.44 EPS, Q4 2028 earnings at $5.52 EPS, FY2028 earnings at $21.52 EPS and FY2029 earnings at $23.97 EPS.

FDS has been the subject of several other reports. Barclays raised their target price on shares of FactSet Research Systems from $216.00 to $250.00 and gave the company an "underweight" rating in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of FactSet Research Systems from $280.00 to $299.00 and gave the stock a "hold" rating in a research report on Friday, September 11th. Wolfe Research upped their price target on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an "underperform" rating in a research report on Wednesday, July 1st. Bank of America increased their price target on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an "underperform" rating in a research note on Thursday, July 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of FactSet Research Systems from $210.00 to $250.00 and gave the company an "underweight" rating in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $271.79.

FactSet Research Systems Trading Down 0.2%

NYSE FDS opened at $301.19 on Monday. The company has a market cap of $10.71 billion, a PE ratio of 20.69, a PEG ratio of 1.69 and a beta of 0.77. The company has a current ratio of 0.60, a quick ratio of 0.68 and a debt-to-equity ratio of 0.43. FactSet Research Systems has a 12 month low of $185.00 and a 12 month high of $320.48. The stock has a 50 day moving average of $286.11 and a 200-day moving average of $255.37.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings results on Wednesday, September 30th. The business services provider reported $4.52 EPS for the quarter, beating the consensus estimate of $4.35 by $0.17. The firm had revenue of $634.70 million during the quarter, compared to analysts' expectations of $629.83 million. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.05 earnings per share. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS.

Institutional Trading of FactSet Research Systems

A number of hedge funds have recently made changes to their positions in the business. Bamco Inc. NY acquired a new position in shares of FactSet Research Systems during the 2nd quarter worth approximately $966,533,000. BlackRock Inc. bought a new stake in FactSet Research Systems in the 2nd quarter valued at $657,658,000. Bank of America Corp DE lifted its holdings in FactSet Research Systems by 33.6% during the 1st quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider's stock valued at $182,861,000 after purchasing an additional 212,022 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in FactSet Research Systems by 123.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 377,926 shares of the business services provider's stock valued at $82,006,000 after purchasing an additional 208,824 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in FactSet Research Systems during the 2nd quarter valued at $68,587,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, August 31st were paid a $1.16 dividend. The ex-dividend date was Monday, August 31st. This represents a $4.64 annualized dividend and a yield of 1.5%. FactSet Research Systems's dividend payout ratio is currently 31.87%.

Key Stories Impacting FactSet Research Systems

Here are the key news stories impacting FactSet Research Systems this week:

• Positive Sentiment: Zacks Research raised its EPS estimates for the first and second quarters of fiscal 2027 to $4.92 and $4.90, respectively, from $4.77 and $4.79. The firm also projects earnings of $23.97 per share for fiscal 2029, indicating continued long-term earnings growth.
• Positive Sentiment: FactSet shares recently outperformed competitors during a strong trading session, and the stock remains well above its 50-day and 200-day moving averages. FactSet Research Systems Inc. stock outperforms competitors on strong trading day
• Neutral Sentiment: Zacks forecasts fiscal 2027 EPS at $19.49 across the four quarters, while the current consensus estimate for FactSet’s full year is $19.63. The estimates suggest earnings growth, but provide limited evidence of a near-term upside surprise.
• Negative Sentiment: Zacks lowered its estimates for the third and fourth quarters of fiscal 2027 and all four quarters of fiscal 2028. The largest reduction was for fiscal 2027’s fourth quarter, cut to $4.84 from $5.11.
• Negative Sentiment: The firm reduced its fiscal 2028 EPS forecast to $21.52 from $21.68. Although the revision is modest, broad downward changes to longer-term quarterly estimates can weigh on investor sentiment and valuation.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.

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