Stifel Nicolaus Issues Pessimistic Forecast for FactSet Research Systems (NYSE:FDS) Stock Price

Key Points

• Stifel Nicolaus has lowered its price target for FactSet Research Systems from $464.00 to $372.00, maintaining a "hold" rating on the stock.
• FactSet’s stock is currently trading at $293.68, reflecting a 2.5% decrease during midday trading, while it has a potential upside of 26.67% based on the new target price.
• Recent ratings from other firms have varied, with Raymond James upgrading to "market perform" and Wells Fargo reducing their target to $296.00, indicating mixed analyst sentiments surrounding the stock.

FactSet Research Systems (NYSE:FDS - Get Free Report) had its price objective decreased by analysts at Stifel Nicolaus from $464.00 to $372.00 in a research report issued on Friday,Benzinga reports. The firm presently has a "hold" rating on the business services provider's stock. Stifel Nicolaus' price objective indicates a potential upside of 28.60% from the stock's current price.

FDS has been the topic of a number of other reports. Rothschild Redb raised FactSet Research Systems from a "strong sell" rating to a "hold" rating in a research report on Friday, September 12th. Barclays reduced their price target on FactSet Research Systems from $390.00 to $300.00 and set an "underweight" rating for the company in a research report on Friday. Wells Fargo & Company dropped their target price on shares of FactSet Research Systems from $355.00 to $296.00 and set an "underweight" rating on the stock in a research report on Friday. BMO Capital Markets upped their price target on FactSet Research Systems from $448.00 to $452.00 and gave the company a "market perform" rating in a report on Friday, June 20th. Finally, Morgan Stanley increased their price target on FactSet Research Systems from $390.00 to $393.00 and gave the stock an "underweight" rating in a research report on Friday, June 20th. Eight investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $364.60.

FactSet Research Systems Stock Performance

NYSE:FDS traded down $11.97 during midday trading on Friday, reaching $289.26. 1,781,021 shares of the company traded hands, compared to its average volume of 631,283. FactSet Research Systems has a twelve month low of $288.84 and a twelve month high of $499.87. The firm has a market capitalization of $10.94 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 1.94 and a beta of 0.84. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.40 and a quick ratio of 1.47. The company has a fifty day moving average price of $384.37 and a 200 day moving average price of $419.69.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Thursday, September 18th. The business services provider reported $4.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.13 by ($0.08). The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.74 EPS. FactSet Research Systems has set its FY 2026 guidance at 16.900-17.600 EPS. On average, analysts expect that FactSet Research Systems will post 17.21 EPS for the current fiscal year.

Insider Buying and Selling

In other FactSet Research Systems news, Director James J. Mcgonigle sold 2,925 shares of the firm's stock in a transaction on Monday, July 14th. The shares were sold at an average price of $451.39, for a total value of $1,320,315.75. Following the completion of the transaction, the director directly owned 4,461 shares of the company's stock, valued at $2,013,650.79. This trade represents a 39.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Gregory T. Moskoff sold 2,500 shares of the firm's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total value of $1,106,500.00. Following the sale, the chief accounting officer owned 44 shares in the company, valued at $19,474.40. The trade was a 98.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,031 shares of company stock worth $5,825,481 in the last quarter. Insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Crossmark Global Holdings Inc. raised its holdings in FactSet Research Systems by 4.9% in the 1st quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider's stock worth $368,000 after purchasing an additional 38 shares during the period. QRG Capital Management Inc. raised its holdings in shares of FactSet Research Systems by 4.7% in the 1st quarter. QRG Capital Management Inc. now owns 1,339 shares of the business services provider's stock valued at $609,000 after purchasing an additional 60 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of FactSet Research Systems by 284.3% during the first quarter. Bessemer Group Inc. now owns 1,176 shares of the business services provider's stock valued at $535,000 after acquiring an additional 870 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in FactSet Research Systems during the 1st quarter valued at approximately $2,528,000. Finally, Golden State Wealth Management LLC grew its position in shares of FactSet Research Systems by 800.0% during the 1st quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider's stock valued at $45,000 after acquiring an additional 88 shares during the period. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Company Profile

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.