FactSet Research Systems (NYSE:FDS) posted its quarterly earnings results on Tuesday. The business services provider reported $2.04 EPS for the quarter, topping the Zacks’ consensus estimate of $1.98 by $0.06, Bloomberg Earnings reports. The firm had revenue of $329.10 million for the quarter, compared to analysts’ expectations of $330.49 million. FactSet Research Systems had a net margin of 21.15% and a return on equity of 55.76%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.75 earnings per share. FactSet Research Systems updated its FY18 guidance to $8.25-8.45 EPS.

Shares of FactSet Research Systems (FDS) opened at $187.46 on Wednesday. The firm has a market cap of $8,006.94, a PE ratio of 28.01, a P/E/G ratio of 2.36 and a beta of 0.97. FactSet Research Systems has a one year low of $155.09 and a one year high of $207.25. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.03.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Investors of record on Thursday, November 30th were paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 34.36%.

A number of research firms have recently commented on FDS. Morgan Stanley restated an “equal weight” rating and issued a $166.00 price target (up from $157.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Barclays upped their price target on shares of FactSet Research Systems from $164.00 to $175.00 and gave the stock an “underweight” rating in a report on Wednesday, September 27th. DA Davidson began coverage on shares of FactSet Research Systems in a report on Thursday, December 14th. They issued a “neutral” rating and a $174.00 price target on the stock. Bank of America restated a “neutral” rating and issued a $192.00 price target (up from $180.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $169.00 price target (up from $163.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. FactSet Research Systems presently has an average rating of “Hold” and an average price target of $180.17.

In other FactSet Research Systems news, VP Matthew J. Mcnulty sold 1,049 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $181.00, for a total transaction of $189,869.00. Following the completion of the sale, the vice president now directly owns 2,499 shares of the company’s stock, valued at $452,319. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Mark J. Hale sold 9,458 shares of the stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $180.34, for a total transaction of $1,705,655.72. Following the sale, the chief operating officer now directly owns 11,314 shares of the company’s stock, valued at $2,040,366.76. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,841 shares of company stock valued at $3,224,739. Insiders own 2.80% of the company’s stock.

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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.

Earnings History for FactSet Research Systems (NYSE:FDS)

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