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.

Analyst Ratings Changes

A number of analysts have weighed in on FDS shares. Royal Bank of Canada decreased their price objective on FactSet Research Systems from $525.00 to $475.00 and set an "outperform" rating for the company in a research report on Friday, June 24th. StockNews.com downgraded FactSet Research Systems from a "buy" rating to a "hold" rating in a research note on Sunday, June 26th. Stifel Nicolaus lowered their price objective on FactSet Research Systems from $432.00 to $394.00 and set a "hold" rating for the company in a research report on Friday, June 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on FactSet Research Systems from $418.00 to $463.00 in a research report on Wednesday. Finally, Morgan Stanley reduced their price objective on FactSet Research Systems from $362.00 to $338.00 and set an "underweight" rating on the stock in a research note on Tuesday, June 21st. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, FactSet Research Systems currently has an average rating of "Hold" and a consensus price target of $413.13.

FactSet Research Systems Price Performance

Shares of NYSE:FDS traded down $1.75 on Thursday, reaching $433.15. 128,187 shares of the company traded hands, compared to its average volume of 275,919. FactSet Research Systems has a fifty-two week low of $345.92 and a fifty-two week high of $495.39. The company's 50 day moving average is $392.56 and its 200-day moving average is $403.39. The stock has a market capitalization of $16.45 billion, a PE ratio of 42.68, a P/E/G ratio of 3.14 and a beta of 0.80. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.12 and a quick ratio of 2.12.

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

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 0.82%. The ex-dividend date is Tuesday, August 30th. FactSet Research Systems's payout ratio is 34.94%.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 2,500 shares of the stock in a transaction on Monday, August 1st. The shares were sold at an average price of $424.92, for a total transaction of $1,062,300.00. Following the transaction, the chief executive officer now directly owns 3,988 shares of the company's stock, valued at $1,694,580.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 2,500 shares of the company's stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $424.92, for a total transaction of $1,062,300.00. Following the completion of the sale, the chief executive officer now directly owns 3,988 shares in the company, valued at $1,694,580.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph Zimmel sold 1,000 shares of the company's stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $390.62, for a total transaction of $390,620.00. Following the sale, the director now owns 1,542 shares of the company's stock, valued at $602,336.04. The disclosure for this sale can be found here. Insiders have sold 11,407 shares of company stock valued at $4,482,202 over the last three months. 0.83% of the stock is currently owned by insiders.