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.

FactSet Research Systems Stock Performance

Shares of FDS traded up $1.10 during trading hours on Tuesday, hitting $447.69. The stock had a trading volume of 152,963 shares, compared to its average volume of 273,294. FactSet Research Systems has a fifty-two week low of $345.92 and a fifty-two week high of $495.39. The firm has a market capitalization of $17.00 billion, a price-to-earnings ratio of 43.93, a PEG ratio of 3.27 and a beta of 0.80. The firm has a 50-day moving average price of $397.47 and a 200 day moving average price of $404.16. The company has a debt-to-equity ratio of 1.66, a quick ratio of 2.12 and a current ratio of 2.12.

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

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Wednesday, August 31st will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend is Tuesday, August 30th. FactSet Research Systems's payout ratio is currently 34.94%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of FactSet Research Systems from $418.00 to $463.00 in a report on Wednesday, August 10th. Morgan Stanley dropped their price target on FactSet Research Systems from $362.00 to $338.00 and set an "underweight" rating for the company in a research note on Tuesday, June 21st. StockNews.com cut shares of FactSet Research Systems from a "buy" rating to a "hold" rating in a research report on Sunday, June 26th. Stifel Nicolaus dropped their target price on shares of 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. Finally, Credit Suisse Group reduced their price target on shares of FactSet Research Systems from $475.00 to $390.00 and set a "neutral" rating on the stock in a report on Friday, June 24th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $413.13.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 2,500 shares of the stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $370.95, for a total value of $927,375.00. Following the transaction, the chief executive officer now directly owns 3,988 shares in the company, valued at $1,479,348.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Frederick Philip Snow sold 2,500 shares of FactSet Research Systems stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $370.95, for a total value of $927,375.00. Following the transaction, the chief executive officer now directly owns 3,988 shares of the company's stock, valued at approximately $1,479,348.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jonathan Reeve sold 335 shares of FactSet Research Systems stock in a transaction on Friday, July 8th. The shares were sold at an average price of $401.55, for a total transaction of $134,519.25. Following the completion of the transaction, the executive vice president now owns 111 shares in the company, valued at $44,572.05. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,407 shares of company stock valued at $4,482,202. 0.83% of the stock is currently owned by corporate insiders.