FactSet Research Systems Inc. (NYSE:FDS) is set to post its quarterly earnings results before the market opens on Tuesday, March 28th. Analysts expect FactSet Research Systems to post earnings of $1.80 per share for the quarter.
FactSet Research Systems Inc. (NYSE:FDS) opened at 176.73 on Friday. FactSet Research Systems Inc. has a 12 month low of $145.48 and a 12 month high of $183.64. The firm has a market cap of $6.99 billion, a P/E ratio of 20.93 and a beta of 0.75. The company’s 50-day moving average is $178.46 and its 200 day moving average is $168.15.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 21st. Shareholders of record on Tuesday, February 28th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Friday, February 24th. FactSet Research Systems’s dividend payout ratio is 23.64%.
In other news, CFO Maurizio Nicolelli sold 20,429 shares of FactSet Research Systems stock in a transaction on Thursday, January 12th. The stock was sold at an average price of $167.75, for a total transaction of $3,426,964.75. Following the completion of the sale, the chief financial officer now owns 15,071 shares of the company’s stock, valued at $2,528,160.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph E. Laird, Jr. sold 2,146 shares of FactSet Research Systems stock in a transaction on Tuesday, January 31st. The stock was sold at an average price of $171.89, for a total value of $368,875.94. Following the sale, the director now directly owns 7,000 shares of the company’s stock, valued at approximately $1,203,230. The disclosure for this sale can be found here. Insiders have sold 31,505 shares of company stock valued at $5,302,990 in the last three months. Insiders own 2.70% of the company’s stock.
A number of research firms have recently weighed in on FDS. Barclays PLC downgraded FactSet Research Systems from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $170.00 to $164.00 in a report on Tuesday, January 10th. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $198.00 target price for the company in a report on Tuesday, March 14th. Credit Suisse Group AG reissued an “outperform” rating and set a $179.00 target price on shares of FactSet Research Systems in a report on Wednesday, December 7th. Cantor Fitzgerald set a $161.00 target price on FactSet Research Systems and gave the stock a “hold” rating in a report on Tuesday, December 20th. Finally, Goldman Sachs Group Inc lifted their target price on FactSet Research Systems to $126.00 and gave the stock a “sell” rating in a report on Wednesday, December 21st. Three analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $169.25.
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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