FactSet Research Systems (FDS) Expected to Announce Quarterly Earnings on Thursday

FactSet Research Systems (NYSE:FDS) is anticipated to announce its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of $4.20 per share and revenue of $570.65 million for the quarter. FactSet Research Systems has set its FY25 guidance at $16.80-$17.40 EPS.Investors interested in registering for the company’s conference call can do so using this link.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. During the same quarter in the prior year, the firm earned $4.12 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts expect FactSet Research Systems to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

FactSet Research Systems Price Performance

Shares of FDS opened at $429.67 on Thursday. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $499.87. The business has a 50-day simple moving average of $459.59 and a two-hundred day simple moving average of $463.60. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market cap of $16.34 billion, a PE ratio of 30.80, a PEG ratio of 2.93 and a beta of 0.77.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be issued a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a yield of 0.97%. FactSet Research Systems’s payout ratio is presently 29.82%.

Analyst Upgrades and Downgrades

FDS has been the subject of a number of recent research reports. UBS Group upped their target price on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Monday. BMO Capital Markets lowered their target price on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. Wells Fargo & Company decreased their price target on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Friday, March 7th. Finally, Morgan Stanley increased their price target on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research note on Thursday, December 12th. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $449.38.

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.