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 weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price objective on FactSet Research Systems from $418.00 to $463.00 in a report on Wednesday, August 10th. Redburn Partners assumed coverage on FactSet Research Systems in a research note on Tuesday, May 17th. They issued a "sell" rating on the stock. Barclays lowered their target price on FactSet Research Systems from $550.00 to $440.00 and set an "overweight" rating on the stock in a research note 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. Finally, Credit Suisse Group lowered their target price on FactSet Research Systems from $475.00 to $390.00 and set a "neutral" rating on the stock in a research note on Friday, June 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, FactSet Research Systems presently has an average rating of "Hold" and an average price target of $413.13.

FactSet Research Systems Price Performance

FDS Stock traded up $5.16 during mid-day trading on Wednesday, reaching $452.85. 165,682 shares of the company's stock were exchanged, compared to its average volume of 272,608. The company has a market cap of $17.20 billion, a price-to-earnings ratio of 44.44, a price-to-earnings-growth ratio of 3.31 and a beta of 0.80. The stock's 50 day moving average is $398.99 and its 200 day moving average is $404.50. 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 has a 12-month low of $345.92 and a 12-month high of $495.39.

FactSet Research Systems (NYSE:FDS - Get Rating) last released its earnings results on Thursday, June 23rd. The business services provider reported $3.76 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $488.75 million for the quarter, compared to the consensus estimate of $476.06 million. During the same quarter last year, the business posted $2.72 earnings per share. On average, research analysts expect that FactSet Research Systems will post 13.48 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Wednesday, August 31st will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Tuesday, August 30th. FactSet Research Systems's payout ratio is 34.94%.

Insider Transactions at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 2,500 shares of the company's 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 completion of the sale, the chief executive officer now owns 3,988 shares of the company's stock, valued at $1,694,580.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Frederick Philip Snow sold 2,500 shares of the company's 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 completion of the sale, the chief executive officer now owns 3,988 shares of the company's stock, valued at $1,694,580.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Sheila B. Jordan sold 2,572 shares of the company's stock in a transaction on Tuesday, June 28th. The stock was sold at an average price of $391.15, for a total transaction of $1,006,037.80. Following the sale, the director now directly owns 177 shares of the company's stock, valued at approximately $69,233.55. The disclosure for this sale can be found here. Insiders sold 11,407 shares of company stock valued at $4,482,202 over the last 90 days. 0.83% of the stock is currently owned by corporate insiders.