FactSet Research Systems (NYSE:FDS) Releases Quarterly Earnings Results, Misses Estimates By $0.24 EPS

FactSet Research Systems (NYSE:FDS) issued its quarterly earnings results on Wednesday. The business services provider reported $4.11 EPS for the quarter, missing analysts’ consensus estimates of $4.35 by ($0.24), FiscalAI reports. The business had revenue of $634.70 million for the quarter, compared to the consensus estimate of $629.83 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. FactSet Research Systems updated its FY 2027 guidance to 19.250-19.650 EPS.

FactSet Research Systems Stock Performance

Shares of NYSE FDS opened at $263.24 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems has a one year low of $185.00 and a one year high of $320.48. The firm has a market cap of $9.36 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 1.54 and a beta of 0.71. The stock’s fifty day moving average price is $282.18 and its two-hundred day moving average price is $248.11.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Monday, August 31st were paid a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 1.8%. The ex-dividend date was Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FDS. Bank of America raised their target price on FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Barclays upped their price objective on shares of FactSet Research Systems from $216.00 to $250.00 and gave the company an “underweight” rating in a report on Tuesday, September 8th. Wolfe Research increased their price target on FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. William Blair raised FactSet Research Systems from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of FactSet Research Systems from $280.00 to $299.00 and gave the stock a “hold” rating in a research note on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $266.36.

About FactSet Research Systems

FactSet Research Systems Inc provides financial data, analytics, and investment management technology to professionals across the global financial services industry. Its platform integrates market, company, portfolio, economic, and alternative data with analytical tools designed to support investment research, decision-making, reporting, and risk management.

The company serves asset managers, investment banks, wealth managers, hedge funds, private equity firms, corporations, and other financial institutions.