FactSet Research Systems (NYSE:FDS) posted its quarterly earnings data on Tuesday. The business services provider reported $2.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.21 by ($0.01), MarketWatch Earnings reports. The business had revenue of $345.90 million during the quarter, compared to the consensus estimate of $346.39 million. FactSet Research Systems had a net margin of 19.78% and a return on equity of 57.06%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.90 EPS. FactSet Research Systems updated its FY19 guidance to $9.45-9.65 EPS.

Shares of NYSE:FDS opened at $225.62 on Thursday. The company has a market capitalization of $8.72 billion, a PE ratio of 26.61, a PEG ratio of 2.24 and a beta of 0.99. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.07. FactSet Research Systems has a 12 month low of $175.69 and a 12 month high of $237.29.

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 18th. Stockholders of record on Friday, August 31st were given a $0.64 dividend. This represents a $2.56 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Thursday, August 30th. FactSet Research Systems’s payout ratio is presently 30.01%.

A number of analysts have issued reports on the stock. Zacks Investment Research downgraded shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Wednesday, June 20th. Stifel Nicolaus boosted their price objective on shares of FactSet Research Systems from $188.00 to $223.00 and gave the company a “hold” rating in a report on Wednesday. Wells Fargo & Co reissued a “market perform” rating and issued a $225.00 price objective (up previously from $190.00) on shares of FactSet Research Systems in a report on Wednesday. Cantor Fitzgerald boosted their price objective on shares of FactSet Research Systems from $203.00 to $219.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Bank of America boosted their price objective on shares of FactSet Research Systems from $214.00 to $245.00 and gave the company a “neutral” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $212.33.

In other news, Director Philip A. Hadley sold 70,000 shares of the business’s stock in a transaction that occurred on Friday, July 13th. The shares were sold at an average price of $203.63, for a total value of $14,254,100.00. Following the completion of the transaction, the director now directly owns 651,191 shares in the company, valued at approximately $132,602,023.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Maurizio Nicolelli sold 10,487 shares of the business’s stock in a transaction that occurred on Monday, July 9th. The shares were sold at an average price of $203.89, for a total transaction of $2,138,194.43. Following the completion of the transaction, the chief financial officer now owns 11,352 shares of the company’s stock, valued at $2,314,559.28. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by insiders.

About FactSet Research Systems

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

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Earnings History for FactSet Research Systems (NYSE:FDS)

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