FactSet Research Systems (NYSE:FDS) Issues FY 2027 Earnings Guidance
by Michael Walen · The Markets DailyFactSet Research Systems (NYSE:FDS – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 19.250-19.650 for the period, compared to the consensus earnings per share 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.
Wall Street Analyst Weigh In
Several research firms recently weighed in on FDS. Jefferies Financial Group boosted their price target on shares of FactSet Research Systems from $225.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Bank of America lifted their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a research report on Thursday, July 2nd. Wells Fargo & Company boosted their target price on FactSet Research Systems from $200.00 to $210.00 and gave the stock an “underweight” rating in a research note on Thursday, July 2nd. Weiss Ratings upgraded shares of FactSet Research Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. Finally, UBS Group reissued a “buy” rating on shares of FactSet Research Systems in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $266.36.
Check Out Our Latest Analysis on FDS
FactSet Research Systems Price Performance
FDS stock opened at $259.12 on Wednesday. The firm has a 50 day moving average of $282.18 and a 200-day moving average of $248.11. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $9.22 billion, a P/E ratio of 17.07, a price-to-earnings-growth ratio of 1.54 and a beta of 0.71. FactSet Research Systems has a 12 month low of $185.00 and a 12 month high of $320.48.
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its quarterly earnings results on Wednesday, July 1st. The business services provider reported $4.53 EPS for the quarter, beating analysts’ consensus estimates of $4.44 by $0.09. The firm had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. FactSet Research Systems had a net margin of 23.21% and a return on equity of 30.68%. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $4.27 EPS. As a group, sell-side analysts predict that FactSet Research Systems will post 17.77 earnings per share for the current fiscal year.
FactSet Research Systems Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, August 31st were issued a $1.16 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.57%.
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.
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