Somewhat Favorable News Coverage Somewhat Unlikely to Impact FactSet Research Systems (FDS) Share Price

Headlines about FactSet Research Systems (NYSE:FDS) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FactSet Research Systems earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 47.4255611897995 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern’s analysis:

A number of equities analysts recently issued reports on the company. Morgan Stanley reiterated an “equal weight” rating and issued a $166.00 target price (up from $157.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Barclays increased their target price on FactSet Research Systems from $164.00 to $175.00 and gave the stock an “underweight” rating in a report on Wednesday, September 27th. Bank of America reiterated a “neutral” rating and issued a $192.00 target price (up from $180.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Stifel Nicolaus reiterated a “hold” rating and issued a $169.00 target price (up from $163.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $200.00 target price (up from $190.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. FactSet Research Systems has an average rating of “Hold” and an average price target of $183.46.

FactSet Research Systems (NYSE:FDS) opened at $199.25 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.64 and a current ratio of 2.64. FactSet Research Systems has a 52 week low of $155.09 and a 52 week high of $207.25. The firm has a market capitalization of $7,780.00, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 2.25 and a beta of 0.97.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.06. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The business had revenue of $329.10 million for the quarter, compared to analysts’ expectations of $330.49 million. During the same period last year, the business earned $1.75 EPS. The business’s revenue was up 14.2% on a year-over-year basis. equities research analysts anticipate that FactSet Research Systems will post 8.32 earnings per share for the current year.

In other FactSet Research Systems news, Director Scott A. Billeadeau sold 2,419 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $192.30, for a total transaction of $465,173.70. Following the transaction, the director now directly owns 4,419 shares in the company, valued at approximately $849,773.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James J. Mcgonigle sold 1,186 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $193.92, for a total value of $229,989.12. Following the transaction, the director now owns 22,754 shares in the company, valued at $4,412,455.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,405 shares of company stock worth $1,432,723. Company insiders own 2.70% 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.

Insider Buying and Selling by Quarter for FactSet Research Systems (NYSE:FDS)

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