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

FactSet Research Systems (NYSE:FDS) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 20th. Analysts expect FactSet Research Systems to post 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.Parties that are interested in participating in the company’s conference call can do so using this link.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, topping the consensus estimate of $4.25 by $0.12. The business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. FactSet Research Systems’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned $4.12 EPS. 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

FactSet Research Systems stock opened at $440.02 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $16.73 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. FactSet Research Systems has a one year low of $391.84 and a one year high of $499.87. The business has a 50 day simple moving average of $457.29 and a 200 day simple moving average of $464.41.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.95%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Wall Street Analysts Forecast Growth

FDS has been the subject of several analyst reports. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Monday, March 10th. Stifel Nicolaus raised their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Morgan Stanley lifted their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. Wells Fargo & Company cut their price objective on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a research report on Friday, March 7th. Finally, BMO Capital Markets cut their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and a consensus price target 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.