FactSet Research Systems (NYSE:FDS) Issues FY25 Earnings Guidance

FactSet Research Systems (NYSE:FDS - Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $16.80-$17.40 for the period, compared to the consensus estimate of $17.20. The company issued revenue guidance of $2.285-$2.305 billion, compared to the consensus revenue estimate of $2.30 billion.

Analyst Ratings Changes

FDS has been the topic of a number of recent research reports. Redburn Atlantic lowered FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their price objective for the stock from $420.00 to $380.00 in a research note on Wednesday, October 9th. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a "hold" rating in a research report on Friday, September 20th. Morgan Stanley raised their price objective on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an "underweight" rating in a research report on Thursday, December 12th. Evercore ISI began coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They issued an "inline" rating and a $470.00 target price on the stock. Finally, UBS Group raised their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems has a consensus rating of "Hold" and a consensus price target of $451.85.

FactSet Research Systems Trading Up 3.5 %

NYSE:FDS traded up $16.68 during trading hours on Thursday, reaching $489.73. 666,052 shares of the stock were exchanged, compared to its average volume of 264,037. FactSet Research Systems has a twelve month low of $391.84 and a twelve month high of $499.87. The business has a 50-day moving average of $476.92 and a two-hundred day moving average of $442.24. The company has a market capitalization of $18.60 billion, a price-to-earnings ratio of 35.23, a PEG ratio of 3.15 and a beta of 0.76. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. FactSet Research Systems's revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.12 EPS. On average, equities analysts predict that FactSet Research Systems will post 17.2 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be issued a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Friday, November 29th. FactSet Research Systems's dividend payout ratio (DPR) is currently 29.93%.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $455.09, for a total value of $1,365,270.00. Following the sale, the chief executive officer now directly owns 12,987 shares of the company's stock, valued at approximately $5,910,253.83. This represents a 18.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider John Costigan sold 1,622 shares of the firm's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the sale, the insider now owns 299 shares in the company, valued at $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,984 shares of company stock worth $10,981,107 in the last ninety days. 1.10% of the stock is owned by corporate insiders.

FactSet Research Systems Company Profile

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.