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

FactSet Research Systems (NYSE:FDS) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $16.80-$17.40 for the period, compared to the consensus earnings per share 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.

FactSet Research Systems Trading Down 3.2 %

NYSE FDS opened at $473.05 on Thursday. FactSet Research Systems has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a fifty day simple moving average of $476.21 and a two-hundred day simple moving average of $441.91. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The stock has a market cap of $17.97 billion, a P/E ratio of 34.03, a P/E/G ratio of 3.15 and a beta of 0.76.

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

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 29.93%.

Wall Street Analyst Weigh In

FDS has been the topic of several research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Friday, November 15th. Morgan Stanley increased 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 note on Thursday, December 12th. Wells Fargo & Company boosted their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a research report on Friday, September 20th. BMO Capital Markets upped their price target on shares of FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Finally, UBS Group lifted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $451.85.

Insider Buying and Selling

In other news, EVP Christopher R. Ellis sold 13,952 shares of FactSet Research Systems stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the sale, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. This trade represents a 37.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Costigan sold 1,622 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction of $780,182.00. Following the transaction, the insider now owns 299 shares of the company’s stock, valued at approximately $143,819. This trade represents a 84.44 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,984 shares of company stock valued at $10,981,107. 1.10% of the stock is owned by company insiders.

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.