News coverage about FactSet Research Systems (NYSE:FDS) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FactSet Research Systems earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 47.673331850455 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
FactSet Research Systems (NYSE FDS) traded down $3.06 during midday trading on Friday, reaching $201.24. 43,986 shares of the company’s stock were exchanged, compared to its average volume of 331,230. FactSet Research Systems has a 52 week low of $155.09 and a 52 week high of $209.02. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.64 and a quick ratio of 2.64. The firm has a market capitalization of $7,831.70 and a PE ratio of 30.81.
FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.98 by $0.06. The company had revenue of $329.10 million for 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%. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.75 earnings per share. equities research analysts anticipate that FactSet Research Systems will post 8.34 EPS for the current fiscal year.
Several research firms recently commented on FDS. Credit Suisse Group reissued an “outperform” rating and set a $205.00 target price (up previously from $200.00) on shares of FactSet Research Systems in a research report on Monday, October 23rd. Goldman Sachs Group began coverage on shares of FactSet Research Systems in a report on Wednesday, November 8th. They set a “neutral” rating and a $194.00 target price for the company. Northcoast Research lowered shares of FactSet Research Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, December 5th. Morgan Stanley boosted their price target on shares of FactSet Research Systems from $166.00 to $171.00 and gave the stock an “equal weight” rating in a report on Monday, October 23rd. Finally, Zacks Investment Research cut shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $184.62.
In related news, COO Mark J. Hale sold 48,001 shares of the company’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $198.43, for a total value of $9,524,838.43. Following the completion of the transaction, the chief operating officer now directly owns 6,268 shares of the company’s stock, valued at $1,243,759.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott A. Billeadeau sold 2,419 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $192.30, for a total value of $465,173.70. Following the completion of the transaction, the director now directly owns 4,419 shares of the company’s stock, valued at $849,773.70. The disclosure for this sale can be found here. Insiders have sold 55,406 shares of company stock worth $10,957,561 over the last 90 days. Insiders own 2.70% of the company’s stock.
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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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