Somewhat Favorable News Coverage Somewhat Unlikely to Impact FactSet Research Systems (FDS) Share Price
News stories about FactSet Research Systems (NYSE:FDS) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FactSet Research Systems earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 46.4732986273726 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Lifshitz & Miller LLP Announces Investigation of Calpine Corporation, Deltic Timber Corporation, FactSet Research … – Markets Insider (markets.businessinsider.com)
- FactSet Declares Dividend (finance.yahoo.com)
- Head to Head Review: FactSet Research Systems (FDS) versus Relx Plc (RELX) (americanbankingnews.com)
- FactSet Research Systems Inc. to Issue Quarterly Dividend of $0.56 (FDS) (americanbankingnews.com)
- FactSet Research Systems Inc. (FDS) Now Covered by Analysts at Goldman Sachs Group, Inc. (The) (americanbankingnews.com)
Shares of FactSet Research Systems (NYSE:FDS) traded down $0.32 during midday trading on Tuesday, reaching $195.89. 282,900 shares of the company’s stock traded hands, compared to its average volume of 305,325. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.03. FactSet Research Systems has a 1-year low of $155.09 and a 1-year high of $196.57. The company has a market cap of $7,660.00, a price-to-earnings ratio of 26.84, a PEG ratio of 2.23 and a beta of 0.96.
FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, September 26th. The business services provider reported $1.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.89 by $0.01. FactSet Research Systems had a net margin of 21.15% and a return on equity of 55.76%. The business had revenue of $326.60 million during the quarter, compared to analyst estimates of $325.26 million. During the same period in the prior year, the business earned $1.69 EPS. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. research analysts expect that FactSet Research Systems will post 8.18 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Thursday, November 30th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.24 annualized dividend and a yield of 1.14%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 34.41%.
A number of brokerages have recently issued reports on FDS. Stifel Nicolaus reaffirmed a “hold” rating and issued a $169.00 price objective (up previously from $163.00) on shares of FactSet Research Systems in a research note on Wednesday, September 27th. Morgan Stanley upped their price objective on shares of FactSet Research Systems from $166.00 to $171.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. BidaskClub lowered shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Credit Suisse Group reiterated an “outperform” rating and set a $200.00 price target (up from $190.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Finally, Northcoast Research upgraded shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 price target for the company in a report on Thursday, September 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $178.91.
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In related news, CEO Frederick Philip Snow sold 7,334 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $181.24, for a total value of $1,329,214.16. Following the completion of the transaction, the chief executive officer now directly owns 11,262 shares in the company, valued at approximately $2,041,124.88. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Mark J. Hale sold 9,458 shares of the stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $180.34, for a total transaction of $1,705,655.72. Following the completion of the transaction, the chief operating officer now owns 11,314 shares of the company’s stock, valued at $2,040,366.76. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,841 shares of company stock valued at $3,224,739. 2.80% of the stock is owned by company insiders.
FactSet Research Systems Company Profile
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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