FactSet Research Systems (NYSE:FDS) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

FactSet Research Systems (NYSE:FDS) posted its quarterly earnings results on Thursday. The business services provider reported $4.28 EPS for the quarter, beating the consensus estimate of $4.17 by $0.11, Zacks reports. The business had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $4.22 EPS. FactSet Research Systems updated its FY 2025 guidance to 16.800-17.400 EPS and its FY25 guidance to $16.80-17.40 EPS.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $434.50 on Thursday. The firm has a market capitalization of $16.52 billion, a P/E ratio of 31.15, a PEG ratio of 2.93 and a beta of 0.77. The stock has a fifty day moving average price of $456.45 and a 200 day moving average price of $464.35. FactSet Research Systems has a 52 week low of $391.84 and a 52 week high of $499.87. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.96%. FactSet Research Systems’s payout ratio is currently 29.82%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wells Fargo & Company reduced their price target on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a report on Friday, March 7th. BMO Capital Markets reduced their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Monday, March 10th. Stifel Nicolaus lifted their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Finally, Morgan Stanley boosted their target price on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $449.38.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.