Wall Street brokerages expect that FactSet Research Systems Inc. (NYSE:FDS) will report earnings per share of $2.37 for the current fiscal quarter, according to Zacks. Nine analysts have issued estimates for FactSet Research Systems’ earnings, with the lowest EPS estimate coming in at $2.31 and the highest estimate coming in at $2.41. FactSet Research Systems posted earnings per share of $2.18 in the same quarter last year, which suggests a positive year over year growth rate of 8.7%. The firm is scheduled to report its next quarterly earnings report on Tuesday, June 25th.

According to Zacks, analysts expect that FactSet Research Systems will report full year earnings of $9.59 per share for the current year, with EPS estimates ranging from $9.49 to $9.66. For the next year, analysts expect that the business will report earnings of $10.60 per share, with EPS estimates ranging from $10.27 to $10.86. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow FactSet Research Systems.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Tuesday, March 26th. The business services provider reported $2.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.34 by $0.08. FactSet Research Systems had a net margin of 22.45% and a return on equity of 64.58%. The business had revenue of $354.90 million for the quarter, compared to the consensus estimate of $356.46 million. During the same period last year, the firm earned $2.12 earnings per share. The company’s quarterly revenue was up 5.9% on a year-over-year basis.

Several research analysts have weighed in on the stock. Barclays reiterated a “hold” rating and issued a $275.00 price target on shares of FactSet Research Systems in a research report on Monday, May 6th. Piper Jaffray Companies increased their price target on shares of FactSet Research Systems from $211.00 to $262.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 27th. Deutsche Bank increased their price target on shares of FactSet Research Systems from $217.00 to $245.00 and gave the stock a “hold” rating in a research report on Wednesday, March 27th. Morgan Stanley increased their price target on shares of FactSet Research Systems from $211.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 27th. Finally, DA Davidson increased their price target on shares of FactSet Research Systems to $214.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 27th. Eleven research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $239.82.

In other news, CEO Frederick Philip Snow sold 1,182 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $236.63, for a total transaction of $279,696.66. Following the sale, the chief executive officer now directly owns 4,870 shares in the company, valued at approximately $1,152,388.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert J. Robie sold 10,459 shares of the firm’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $241.34, for a total transaction of $2,524,175.06. Following the sale, the executive vice president now owns 4,331 shares in the company, valued at $1,045,243.54. The disclosure for this sale can be found here. Insiders have sold a total of 14,010 shares of company stock worth $3,425,632 over the last 90 days. Insiders own 2.30% of the company’s stock.

Several hedge funds have recently made changes to their positions in FDS. Marshall Wace LLP grew its stake in shares of FactSet Research Systems by 20.0% during the third quarter. Marshall Wace LLP now owns 4,731 shares of the business services provider’s stock worth $1,058,000 after purchasing an additional 789 shares during the period. Federated Investors Inc. PA raised its holdings in shares of FactSet Research Systems by 4.9% in the 3rd quarter. Federated Investors Inc. PA now owns 14,379 shares of the business services provider’s stock valued at $3,217,000 after purchasing an additional 669 shares in the last quarter. First Hawaiian Bank raised its holdings in shares of FactSet Research Systems by 4.3% in the 4th quarter. First Hawaiian Bank now owns 3,800 shares of the business services provider’s stock valued at $760,000 after purchasing an additional 156 shares in the last quarter. Gateway Investment Advisers LLC bought a new stake in shares of FactSet Research Systems in the 4th quarter valued at about $5,526,000. Finally, JGP Wealth Management LLC raised its holdings in shares of FactSet Research Systems by 1.5% in the 4th quarter. JGP Wealth Management LLC now owns 13,160 shares of the business services provider’s stock valued at $2,634,000 after purchasing an additional 199 shares in the last quarter. Hedge funds and other institutional investors own 92.05% of the company’s stock.

FDS traded down $0.17 during trading on Tuesday, hitting $278.42. The company’s stock had a trading volume of 326,984 shares, compared to its average volume of 262,254. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.96. FactSet Research Systems has a one year low of $188.31 and a one year high of $284.32. The company has a market capitalization of $10.65 billion, a PE ratio of 32.64, a PEG ratio of 2.81 and a beta of 1.14.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Friday, May 31st will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.03%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.64. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.01%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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Earnings History and Estimates for FactSet Research Systems (NYSE:FDS)

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