FactSet Research Systems (NYSE:FDS – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 19.250-19.650 for the period, compared to the consensus EPS estimate of 19.750. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.
FactSet Research Systems Trading Down 3.2%
FDS stock opened at $259.12 on Wednesday. The company has a market capitalization of $9.22 billion, a PE ratio of 17.07, a price-to-earnings-growth ratio of 1.54 and a beta of 0.71. FactSet Research Systems has a one year low of $185.00 and a one year high of $320.48. The company’s 50 day moving average price is $282.18 and its two-hundred day moving average price is $248.11. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.68.
FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 1st. The business services provider reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The company had revenue of $622.92 million during the quarter, compared to analysts’ expectations of $617.91 million. During the same quarter in the prior year, the company earned $4.27 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. As a group, analysts predict that FactSet Research Systems will post 17.77 earnings per share for the current fiscal year.
FactSet Research Systems Announces Dividend
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Royal Bank Of Canada upped their price target on shares of FactSet Research Systems from $240.00 to $304.00 and gave the company a “sector perform” rating in a research report on Thursday, August 27th. Barclays lifted their price objective on FactSet Research Systems from $216.00 to $250.00 and gave the stock an “underweight” rating in a report on Tuesday, September 8th. UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. William Blair upgraded FactSet Research Systems from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 8th. Finally, Wolfe Research raised 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. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $266.36.
View Our Latest Research Report on FactSet Research Systems
FactSet Research Systems Company Profile
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.
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