FactSet Research Systems Inc. (NYSE:FDS) will be issuing its quarterly earnings data before the market opens on Tuesday, September 26th. Analysts expect the company to announce earnings of $1.89 per share for the quarter. FactSet Research Systems has set its Q4 guidance at $1.86-1.92 EPS.
FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Tuesday, June 27th. The business services provider reported $1.85 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.84 by $0.01. FactSet Research Systems had a net margin of 29.02% and a return on equity of 55.72%. The company had revenue of $312.12 million during the quarter, compared to analysts’ expectations of $314.14 million. During the same period in the prior year, the company posted $1.64 earnings per share. FactSet Research Systems’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, analysts expect FactSet Research Systems to post $7.30 EPS for the current fiscal year and $8.01 EPS for the next fiscal year.
Shares of FactSet Research Systems Inc. (FDS) opened at 162.94 on Tuesday. FactSet Research Systems Inc. has a 52-week low of $150.95 and a 52-week high of $183.64. The firm has a market capitalization of $6.39 billion, a PE ratio of 19.00 and a beta of 0.97. The stock’s 50 day moving average is $160.46 and its 200 day moving average is $164.59.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Thursday, August 31st will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.24 dividend on an annualized basis and a yield of 1.37%. FactSet Research Systems’s dividend payout ratio is currently 26.20%.
In other news, Chairman Philip A. Hadley sold 38,942 shares of the company’s stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $163.83, for a total value of $6,379,867.86. Following the sale, the chairman now directly owns 666,494 shares of the company’s stock, valued at approximately $109,191,712.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Philip A. Hadley sold 100,017 shares of the company’s stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $168.99, for a total transaction of $16,901,872.83. Following the completion of the sale, the director now directly owns 761,436 shares in the company, valued at $128,675,069.64. The disclosure for this sale can be found here. Insiders sold a total of 205,858 shares of company stock worth $34,287,143 over the last ninety days. Insiders own 2.70% of the company’s stock.
A number of research firms recently commented on FDS. Stifel Nicolaus reiterated a “hold” rating and set a $163.00 price target on shares of FactSet Research Systems in a report on Tuesday, July 25th. Zacks Investment Research upgraded shares of FactSet Research Systems from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. BidaskClub lowered shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, UBS AG reiterated a “buy” rating and set a $146.00 price target (down from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $162.67.
About FactSet Research Systems
Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.
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