FactSet Research Systems - FDS Stock Forecast, Price & News

FactSet Research Systems Inc., a financial data and analytics 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. It serves portfolio managers, investment banks, asset managers, wealth advisors, corporate clients, and other financial services entities. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on FDS shares. StockNews.com downgraded FactSet Research Systems from a "buy" rating to a "hold" rating in a report on Sunday, June 26th. Deutsche Bank Aktiengesellschaft lifted their price target on FactSet Research Systems from $418.00 to $463.00 in a report on Wednesday, August 10th. Barclays cut their price target on FactSet Research Systems from $550.00 to $440.00 and set an "overweight" rating on the stock in a report on Friday, June 24th. Credit Suisse Group cut their price target on FactSet Research Systems from $475.00 to $390.00 and set a "neutral" rating on the stock in a report on Friday, June 24th. Finally, Redburn Partners started coverage on FactSet Research Systems in a research report on Tuesday, May 17th. They issued a "sell" rating for the company. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $416.25.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS traded up $1.38 during trading on Thursday, reaching $454.23. 139,439 shares of the company traded hands, compared to its average volume of 271,765. The firm's fifty day simple moving average is $398.99 and its 200 day simple moving average is $404.50. The stock has a market cap of $17.25 billion, a P/E ratio of 44.50, a PEG ratio of 3.32 and a beta of 0.80. FactSet Research Systems has a 12-month low of $345.92 and a 12-month high of $495.39. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 1.66.

FactSet Research Systems (NYSE:FDS - Get Rating) last released its quarterly earnings data on Thursday, June 23rd. The business services provider reported $3.76 earnings per share for the quarter, beating analysts' consensus estimates of $3.18 by $0.58. The business had revenue of $488.75 million during the quarter, compared to analyst estimates of $476.06 million. FactSet Research Systems had a return on equity of 44.24% and a net margin of 22.41%. During the same quarter last year, the business posted $2.72 EPS. As a group, research analysts anticipate that FactSet Research Systems will post 13.48 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.89 per share. The ex-dividend date is Tuesday, August 30th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 0.78%. FactSet Research Systems's payout ratio is currently 34.94%.

Insider Activity at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 2,500 shares of FactSet Research Systems stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $370.95, for a total value of $927,375.00. Following the completion of the transaction, the chief executive officer now owns 3,988 shares in the company, valued at approximately $1,479,348.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Frederick Philip Snow sold 2,500 shares of FactSet Research Systems stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $370.95, for a total value of $927,375.00. Following the completion of the transaction, the chief executive officer now owns 3,988 shares in the company, valued at approximately $1,479,348.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Jonathan Reeve sold 335 shares of FactSet Research Systems stock in a transaction dated Friday, July 8th. The shares were sold at an average price of $401.55, for a total value of $134,519.25. Following the completion of the transaction, the executive vice president now owns 111 shares of the company's stock, valued at approximately $44,572.05. The disclosure for this sale can be found here. Insiders sold a total of 11,407 shares of company stock worth $4,482,202 in the last 90 days. Corporate insiders own 0.83% of the company's stock.