On Thursday, March 23, before the market’s opening, FactSet Research Systems (NYSE: FDS) will announce the company’s quarterly earnings.
Be on the lookout for the company’s quarterly earnings report, which is anticipated to contain a figure of $3.65 per share, as this information is important.
According to the forecast by FactSet Research Systems, the earnings per share for the upcoming fiscal year 2023 will range from $14.50 to $14.90.
By following the link provided above, investors can take part in the conference call that the company is holding.
Thursday was the first-day FDS stock was available for trading, and the opening price was $404.69.
The straightforward moving averages for the last 50 and 200 days of the company’s stock price are currently $419.69 and $423.91, respectively.
A debt-to-equity ratio comes in at 1.26, a quick ratio at 2.16, and a current ratio at 2.16.
The company has a beta coefficient of 0.84, a market capitalization of $15.48 billion, a price-to-earnings ratio of 36.86, and a price-to-earnings-to-growth ratio of 2.67. Over the past 52 weeks, the cost of a FactSet Research Systems subscription has fluctuated between $345.92 and $474.13.
Tuesday, December 20, saw the publication of the most recent quarterly earnings report for FactSet Research Systems (NYSE: FDS).
The report was due out on that day.
The provider of business services reported earnings per share for the quarter of $3.99, which is $0.39 higher than the consensus estimate among analysts, which was $3.60.
The actual revenue the company brought in throughout the period was $504.82 million, which is less than the average projection of $510.88 million. FactSet Research Systems had a return on equity of 41.53% and a net margin of 22.15% for the company overall.
According to the forecasts provided by analysts specializing in the market, FactSet Research Systems will bring in revenues of $15 and $16 per share during the current and the following fiscal year, respectively.
In addition, the company has announced that it will pay its shareholders a quarterly dividend on March 16.
The company previously declared this dividend. On February 28, stockholders who have their names on the record will receive the dividend payment of $0.89 per share. February 27 is the day that will decide whether or not a dividend will be withheld, so mark your calendars for that! (a Monday).
This results in an annual dividend payment of $3.56 and a dividend yield of 0.88% when calculated annually. FactSet Research Systems has reached a point where the percentage of dividends distributed to shareholders stands at 32.42%.
The FDS has been the subject of multiple reports that research analysts have penned due to their investigation.
In a report released on Friday, December 2, Barclays upgraded FactSet Research Systems to an “overweight” status and raised their price objective on the company’s stock from $440.00 to $520.00.
The price target that Barclays has set for the stock has also been increased, going from $440.00 to $520.00.
In a research report distributed on December 21, UBS Group gave FactSet Research Systems a “buy” rating, an upgrade from their previous “neutral” rating.
Additionally, they increased their price objective for the company’s stock from $399.00 to $425.00.
In a report distributed on December 21, Deutsche Bank Aktiengesellschaft lowered their “buy” rating and target price for the shares of FactSet Research Systems from $493.00 to $477.00.
The report was included because the company had previously held both ratings. Finally, in a report published on January 12, Credit Suisse Group increased their target price for FactSet Research Systems from $485 to $500.
In addition, they changed their rating for the company from “neutral” to “outperform.” There are a total of eight different ratings that have been assigned to the stock by equity research analysts.
These ratings range from four buy ratings to three hold ratings to two sell ratings.
According to the data from Bloomberg.com, the company is recommended “Hold,” Its price target is pegged at an average of $450.14.
Jonathan Reeve, the executive vice president of the company, sold 350 of the company’s shares of stock on December 21, which brings us to another piece of news regarding FactSet Research Systems. On average, $403.81 was the price paid for each share sold during the transaction, which resulted in a total of $141,333.50 being received.
As a result of the sale being finalized, the executive vice president now has direct control over 178 shares of the company, which have a value of $71,878.18. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. On December 21, Executive Vice President Jonathan Reeve sold 350 of the company’s stock shares, bringing us to another piece of relevant information about this topic. On average, $403.81 was the price paid for each share sold during the transaction, which resulted in a total of $141,333.50 being received. Following the successful conclusion of the transaction, the executive vice president is now the direct owner of 178 shares of company stock.
The total value of these 178 shares is $71,878.18.
If you follow this link, you will be taken to the filing submitted to the Securities and Exchange Commission, where the transaction was discussed, and it will take you there immediately.
Additionally, on March 1, Frederick Philip Snow, the company’s Chief Executive Officer, sold 3,000 of the company’s shares of stock.
The stock sale resulted in total revenue of $1,238,730.00, with the average price that each share could fetch being $412.91.
Due to the sale, the Chief Executive Officer (CEO) now directly owns 8,247 company shares, and their current market value is $3,405,268.77.
Disclosures related to the sale might be found in this website section.
Insiders of the company have sold 6,350 shares of company stock over the past three and a half months at a total price of $2,646,724; insiders hold 97 percent of the total stock.