FactSet Research Systems (FDS) Getting Somewhat Favorable News Coverage, Analysis Shows

Press coverage about FactSet Research Systems (NYSE:FDS) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FactSet Research Systems earned a news impact score of 0.24 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 47.4416890050453 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of FactSet Research Systems (NYSE FDS) traded up $0.37 during mid-day trading on Friday, hitting $202.18. 300,995 shares of the stock were exchanged, compared to its average volume of 337,768. FactSet Research Systems has a 52-week low of $155.09 and a 52-week high of $209.02. The company has a market capitalization of $7,875.41, a price-to-earnings ratio of 30.49, a PEG ratio of 2.20 and a beta of 0.96. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.64 and a quick ratio of 2.64.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Tuesday, December 19th. The business services provider reported $2.04 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.06. The firm 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%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.75 earnings per share. sell-side analysts forecast that FactSet Research Systems will post 8.37 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Wednesday, February 28th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Tuesday, February 27th. FactSet Research Systems’s payout ratio is 33.79%.

A number of analysts have weighed in on the stock. Northcoast Research lowered shares of FactSet Research Systems from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 5th. Morgan Stanley lifted their price target on shares of FactSet Research Systems from $179.00 to $186.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. 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. Goldman Sachs Group started coverage on shares of FactSet Research Systems in a research note on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 price target for the company. Finally, Wells Fargo & Co set a $185.00 price target on shares of FactSet Research Systems and gave the stock a “hold” rating in a research note on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $184.62.

In related news, VP Matthew J. Mcnulty sold 1,400 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $192.70, for a total value of $269,780.00. Following the transaction, the vice president now owns 3,248 shares of the company’s stock, valued at $625,889.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott A. Billeadeau sold 2,419 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 4,419 shares in the company, valued at approximately $849,773.70. The disclosure for this sale can be found here. In the last three months, insiders sold 55,406 shares of company stock worth $10,957,561. 2.70% of the stock is currently owned by insiders.

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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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