FDS Stock Earnings Estimates Increased by Zacks Research

by · The Cerbat Gem

FactSet Research Systems Inc. (NYSE:FDS – Free Report) – Equities research analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of FactSet Research Systems in a research note issued to investors on Friday, October 16th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $4.92 for the quarter, up from their prior forecast of $4.77. The consensus estimate for FactSet Research Systems’ current full-year earnings is $19.63 per share. Zacks Research also issued estimates for FactSet Research Systems’ Q2 2027 earnings at $4.90 EPS, Q3 2027 earnings at $4.83 EPS, Q4 2027 earnings at $4.84 EPS, Q1 2028 earnings at $5.20 EPS, Q2 2028 earnings at $5.37 EPS, Q3 2028 earnings at $5.44 EPS, Q4 2028 earnings at $5.52 EPS, FY2028 earnings at $21.52 EPS and FY2029 earnings at $23.97 EPS.

Several other research analysts have also recently commented on FDS. Weiss Ratings reiterated a “hold (c-)” rating on shares of FactSet Research Systems in a report on Friday, October 9th. Bank of America raised their price objective on shares of FactSet Research Systems from $205.00 to $210.00 and gave the company an “underperform” rating in a report on Thursday, July 2nd. Stifel Nicolaus raised their price objective on shares of FactSet Research Systems from $254.00 to $292.00 and gave the company a “hold” rating in a report on Thursday, October 1st. Wolfe Research lifted their price objective on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of FactSet Research Systems from $280.00 to $299.00 and gave the stock a “hold” rating in a research note on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $271.79.

Get Our Latest Stock Analysis on FDS

FactSet Research Systems Stock Up 0.6%

Shares of FactSet Research Systems stock opened at $303.36 on Monday. FactSet Research Systems has a 52-week low of $185.00 and a 52-week high of $320.48. The company has a 50 day moving average of $286.49 and a 200 day moving average of $255.99. The company has a quick ratio of 0.68, a current ratio of 0.60 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $10.79 billion, a P/E ratio of 20.84, a P/E/G ratio of 1.69 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The business services provider reported $4.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.17. FactSet Research Systems had a return on equity of 31.66% and a net margin of 21.54%. The business had revenue of $634.70 million during the quarter, compared to analysts’ expectations of $629.83 million. During the same quarter last year, the business posted $4.05 EPS. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. FactSet Research Systems has set its FY 2027 guidance at 19.250-19.650 EPS.

Institutional Investors Weigh In On FactSet Research Systems

Several institutional investors have recently added to or reduced their stakes in the business. Bamco Inc. NY purchased a new position in FactSet Research Systems during the 2nd quarter worth approximately $966,533,000. BlackRock Inc. acquired a new position in FactSet Research Systems during the second quarter worth approximately $657,658,000. Bank of America Corp DE increased its position in FactSet Research Systems by 33.6% during the first quarter. Bank of America Corp DE now owns 842,715 shares of the business services provider’s stock worth $182,861,000 after buying an additional 212,022 shares during the period. Arrowstreet Capital Limited Partnership increased its position in FactSet Research Systems by 123.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 377,926 shares of the business services provider’s stock worth $82,006,000 after buying an additional 208,824 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in FactSet Research Systems in the second quarter valued at approximately $68,587,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Monday, August 31st were given a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, August 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 31.87%.

About FactSet Research Systems

(Get Free Report)

FactSet Research Systems Inc provides financial data, analytics and workflow technology to investment professionals and financial institutions. Its platform brings together market, company, economic and alternative data with tools for research, portfolio analysis, risk management, trading, performance measurement and reporting.

The company serves asset managers, wealth managers, investment banks, private-equity firms, corporations and other financial professionals. Its products support activities including equity and fixed-income research, portfolio construction, screening, client reporting, investment-banking analysis and environmental, social and governance research.

Read More