FactSet Research Systems (FDS) Getting Somewhat Positive Media Coverage, Report Shows
News stories about FactSet Research Systems (NYSE:FDS) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FactSet Research Systems earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 46.0687608480815 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Analysts recommend to Hold Tech Stock: FactSet Research Systems Inc. (FDS) – Street Observer (press release) (streetobserver.com)
- National Bank Investments Selects FactSet’s Multi-Asset Class Risk Analytics Platform (finance.yahoo.com)
- Zacks: Analysts Expect FactSet Research Systems Inc. (FDS) Will Post Quarterly Sales of $325.31 Million (americanbankingnews.com)
- Comparing FactSet Research Systems (FDS) & The Competition (americanbankingnews.com)
- Signal Monitor: SuperTrend Line Above Share Price: FactSet Research Systems Inc (FDS) – Financial News Review (finnewsreview.com)
Several research analysts have recently weighed in on FDS shares. BidaskClub lowered shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Zacks Investment Research lowered shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Monday, June 5th. UBS AG restated a “buy” rating and set a $146.00 price objective (down from $150.00) on shares of FactSet Research Systems in a research note on Friday, June 9th. Finally, Stifel Nicolaus restated a “hold” rating and set a $163.00 price objective on shares of FactSet Research Systems in a research note on Tuesday, July 25th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $164.90.
FactSet Research Systems (NYSE FDS) opened at 160.44 on Thursday. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 18.71 and a beta of 0.97. The company has a 50-day moving average of $160.89 and a 200-day moving average of $165.11. FactSet Research Systems has a 52 week low of $150.95 and a 52 week high of $183.64.
FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Tuesday, June 27th. The business services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. FactSet Research Systems had a net margin of 29.02% and a return on equity of 55.72%. The company had revenue of $312.12 million for the quarter, compared to analyst estimates of $314.14 million. During the same period last year, the firm earned $1.64 earnings per share. The firm’s revenue was up 8.6% on a year-over-year basis. Equities research analysts forecast that FactSet Research Systems will post $7.30 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Thursday, August 31st will be given a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Tuesday, August 29th. FactSet Research Systems’s payout ratio is currently 26.20%.
In related news, Director Philip A. Hadley sold 43,842 shares of the firm’s stock in a transaction dated Thursday, July 13th. The shares were sold at an average price of $163.87, for a total transaction of $7,184,388.54. Following the completion of the sale, the director now owns 666,494 shares in the company, valued at $109,218,371.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Philip A. Hadley sold 100,017 shares of the firm’s stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $168.99, for a total transaction of $16,901,872.83. Following the sale, the director now owns 761,436 shares of the company’s stock, valued at approximately $128,675,069.64. The disclosure for this sale can be found here. Insiders have sold 205,858 shares of company stock valued at $34,287,143 in the last 90 days. 2.70% of the stock is currently owned by corporate insiders.
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FactSet Research Systems Company Profile
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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