FactSet Research Systems (NYSE:FDS) Releases Earnings Results, Beats Expectations By $0.11 EPS

FactSet Research Systems (NYSE:FDS - Get Free Report) posted its quarterly earnings data on Thursday. The business services provider reported $4.28 EPS for the quarter, beating the consensus estimate of $4.17 by $0.11, Zacks reports. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. During the same period in the prior year, the company earned $4.22 EPS. The firm's revenue was up 4.5% compared to the same quarter last year. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS and its FY25 guidance to $16.80-17.40 EPS.

FactSet Research Systems Trading Down 0.1 %

FDS traded down $0.42 on Monday, hitting $432.44. The company had a trading volume of 340,045 shares, compared to its average volume of 272,144. The company's fifty day moving average price is $455.05 and its 200 day moving average price is $464.73. FactSet Research Systems has a 1 year low of $391.84 and a 1 year high of $499.87. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The firm has a market cap of $16.45 billion, a P/E ratio of 31.00, a PEG ratio of 2.93 and a beta of 0.77.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems's payout ratio is 29.82%.

Remove Ads

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on FDS shares. Stifel Nicolaus increased their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a research report on Friday, December 20th. Royal Bank of Canada reissued a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Morgan Stanley dropped their price target on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating for the company in a research report on Friday. UBS Group reduced their price objective on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating on the stock in a research report on Friday. Finally, Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $450.00 to $402.00 in a report on Friday. Five investment analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $436.27.

About FactSet Research Systems

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.