FactSet Research Systems (NYSE:FDS) Updates FY 2025 Earnings Guidance

FactSet Research Systems (NYSE:FDS) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 16.800-17.400 for the period, compared to the consensus earnings per share estimate of 17.190. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion. FactSet Research Systems also updated its FY25 guidance to $16.80-17.40 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. UBS Group boosted their target price on FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a report on Friday, September 20th. Evercore ISI started coverage on FactSet Research Systems in a research note on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price target for the company. Wells Fargo & Company raised their price objective on FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research note on Friday, September 20th. Royal Bank of Canada increased their target price on FactSet Research Systems from $464.00 to $503.00 and gave the stock a “sector perform” rating in a report on Friday, September 20th. Finally, Stifel Nicolaus increased their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. Five analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $443.57.

FactSet Research Systems Stock Up 1.2 %

Shares of NYSE:FDS traded up $5.67 during midday trading on Thursday, hitting $496.50. 136,279 shares of the company’s stock were exchanged, compared to its average volume of 261,558. FactSet Research Systems has a 12 month low of $391.84 and a 12 month high of $499.87. The company has a market cap of $18.86 billion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 3.20 and a beta of 0.75. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a 50 day moving average price of $459.03 and a 200-day moving average price of $432.71.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The company had revenue of $562.20 million during the quarter, compared to analyst estimates of $547.06 million. FactSet Research Systems’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.93 earnings per share. On average, sell-side analysts anticipate that FactSet Research Systems will post 17.2 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Friday, November 29th. FactSet Research Systems’s payout ratio is currently 29.93%.

Insiders Place Their Bets

In related news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction on Monday, November 11th. The shares were sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now owns 299 shares in the company, valued at $143,819. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Christopher R. Ellis sold 13,952 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the transaction, the executive vice president now directly owns 23,515 shares of the company’s stock, valued at $10,726,367.25. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Costigan sold 1,622 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was 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. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,984 shares of company stock worth $12,230,877 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

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.