FactSet Research Systems Inc. (NYSE:FDS) – Stock analysts at William Blair increased their Q2 2018 EPS estimates for FactSet Research Systems in a research report issued on Tuesday. William Blair analyst T. Mchugh now expects that the business services provider will earn $2.04 per share for the quarter, up from their previous estimate of $1.97. William Blair also issued estimates for FactSet Research Systems’ Q3 2018 earnings at $2.08 EPS, Q4 2018 earnings at $2.14 EPS, FY2018 earnings at $8.30 EPS, Q1 2019 earnings at $2.15 EPS, Q2 2019 earnings at $2.18 EPS, Q3 2019 earnings at $2.23 EPS, Q4 2019 earnings at $2.29 EPS and FY2019 earnings at $8.85 EPS.

A number of other research firms have also weighed in on FDS. Northcoast Research lowered shares of FactSet Research Systems from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 5th. DA Davidson began coverage on shares of FactSet Research Systems in a research note on Thursday, December 14th. They set a “neutral” rating and a $174.00 price objective for the company. Zacks Investment Research lowered shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. Piper Jaffray Companies restated a “hold” rating and set a $199.00 price objective on shares of FactSet Research Systems in a research note on Thursday. Finally, Goldman Sachs Group began coverage on shares of FactSet Research Systems in a research note on Wednesday, November 8th. They set a “neutral” rating and a $194.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $183.46.

FactSet Research Systems (NYSE FDS) traded up $7.50 during trading hours on Thursday, reaching $194.96. 1,665,200 shares of the company’s stock were exchanged, compared to its average volume of 321,808. The company has a market cap of $7,490.00, a price-to-earnings ratio of 24.67, a P/E/G ratio of 2.12 and a beta of 0.97. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.04 and a current ratio of 2.64. FactSet Research Systems has a 1-year low of $155.09 and a 1-year high of $207.25.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.06. The business had revenue of $329.10 million during the quarter, compared to analyst estimates of $330.49 million. FactSet Research Systems had a net margin of 20.76% and a return on equity of 54.65%. FactSet Research Systems’s revenue was up 14.2% compared to the same quarter last year. During the same period last year, the business earned $1.75 EPS.

Several hedge funds have recently made changes to their positions in the company. Institutional & Family Asset Management LLC grew its stake in shares of FactSet Research Systems by 1.5% in the third quarter. Institutional & Family Asset Management LLC now owns 18,024 shares of the business services provider’s stock worth $3,246,000 after acquiring an additional 259 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in FactSet Research Systems during the third quarter valued at approximately $513,000. Visionary Asset Management Inc. bought a new stake in FactSet Research Systems during the third quarter valued at approximately $205,000. GSA Capital Partners LLP bought a new stake in FactSet Research Systems during the third quarter valued at approximately $248,000. Finally, Fieldpoint Private Securities LLC bought a new stake in FactSet Research Systems during the third quarter valued at approximately $195,000. Hedge funds and other institutional investors own 93.68% of the company’s stock.

In other news, COO Mark J. Hale sold 9,458 shares of FactSet Research Systems stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $180.34, for a total value of $1,705,655.72. Following the completion of the sale, the chief operating officer now directly owns 11,314 shares in the company, valued at $2,040,366.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Frederick Philip Snow sold 7,334 shares of FactSet Research Systems stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $181.24, for a total transaction of $1,329,214.16. Following the completion of the sale, the chief executive officer now owns 11,262 shares of the company’s stock, valued at $2,041,124.88. The disclosure for this sale can be found here. Insiders sold 17,841 shares of company stock valued at $3,224,739 over the last quarter. Company insiders own 2.70% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Thursday, November 30th were paid a $0.56 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.15%. FactSet Research Systems’s dividend payout ratio is presently 33.84%.

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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 and Estimates for FactSet Research Systems (NYSE:FDS)

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