News stories about FactSet Research Systems (NYSE:FDS) have been trending somewhat positive on Monday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FactSet Research Systems earned a news impact score of 0.17 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 41 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Cantor Fitzgerald Weighs in on FactSet Research Systems Inc.’s FY2018 Earnings (FDS) (americanbankingnews.com)
- Scott G. Miller Sells 17,074 Shares of FactSet Research Systems Inc. (FDS) Stock (americanbankingnews.com)
- FactSet Research Systems Inc. : quaterly earnings release (4-traders.com)
- EPS for FactSet Research Systems Inc. (FDS) Expected At $1.84 – Weekly Register (weeklyregister.com)
- FactSet Releases Events and Transcripts Data Feed to Facilitate Natural Language Processing (finance.yahoo.com)
Shares of FactSet Research Systems (NYSE FDS) traded up 0.43% during mid-day trading on Monday, reaching $167.49. The company’s stock had a trading volume of 267,053 shares. The stock has a 50 day moving average of $163.72 and a 200-day moving average of $168.57. FactSet Research Systems has a one year low of $149.39 and a one year high of $183.64. The stock has a market cap of $6.61 billion, a P/E ratio of 19.67 and a beta of 0.85.
FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, March 28th. The business services provider reported $1.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.01. The business had revenue of $294.40 million during the quarter, compared to the consensus estimate of $296.04 million. FactSet Research Systems had a net margin of 29.76% and a return on equity of 54.23%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.63 earnings per share. On average, equities research analysts expect that FactSet Research Systems will post $7.28 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 20th. Shareholders of record on Wednesday, May 31st were paid a $0.56 dividend. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, May 26th. This represents a $2.24 annualized dividend and a dividend yield of 1.34%. FactSet Research Systems’s payout ratio is 26.32%.
Several brokerages recently issued reports on FDS. Deutsche Bank AG began coverage on FactSet Research Systems in a research note on Wednesday, May 10th. They issued a “hold” rating and a $160.00 price objective on the stock. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $198.00 price objective on the stock in a research note on Tuesday, March 14th. BidaskClub cut FactSet Research Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Credit Suisse Group increased their price objective on FactSet Research Systems from $179.00 to $185.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 29th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $163.00 price objective on shares of FactSet Research Systems in a research note on Tuesday, April 25th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. FactSet Research Systems currently has an average rating of “Hold” and a consensus price target of $168.30.
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In other FactSet Research Systems news, EVP Scott G. Miller sold 17,074 shares of the business’s stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $165.78, for a total value of $2,830,527.72. Following the completion of the transaction, the executive vice president now owns 15,045 shares in the company, valued at $2,494,160.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Joseph E. Laird, Jr. sold 1,000 shares of the business’s stock in a transaction on Monday, April 17th. The stock was sold at an average price of $160.00, for a total transaction of $160,000.00. Following the completion of the transaction, the director now owns 10,000 shares of the company’s stock, valued at approximately $1,600,000. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,074 shares of company stock valued at $3,156,528. Insiders own 2.70% of the company’s stock.
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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