Earnings results for FactSet Research Systems (NYSE:FDS)
FactSet Research Systems Inc. is expected* to report earnings on 09/24/2020 before market open. The report will be for the fiscal Quarter ending Aug 2020. According to Zacks Investment Research, based on 9 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.54. The reported EPS for the same quarter last year was $2.61.
FactSet Research Systems last released its earnings data on June 25th, 2020. The business services provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.42. The firm earned $374.10 million during the quarter, compared to analysts’ expectations of $376.35 million. Its revenue was up 2.6% compared to the same quarter last year. FactSet Research Systems has generated $10.00 earnings per share over the last year and currently has a price-to-earnings ratio of 34.1. FactSet Research Systems has confirmed that its next quarterly earnings report will be published on Thursday, September 24th, 2020.
Analyst Opinion on FactSet Research Systems (NYSE:FDS)
14 Wall Street analysts have issued ratings and price targets for FactSet Research Systems in the last 12 months. Their average twelve-month price target is $274.50, predicting that the stock has a possible downside of 17.00%. The high price target for FDS is $310.00 and the low price target for FDS is $230.00. There are currently 4 sell ratings and 10 hold ratings for the stock, resulting in a consensus rating of “Hold.”
FactSet Research Systems has received a consensus rating of Hold. The company’s average rating score is 1.71, and is based on no buy ratings, 10 hold ratings, and 4 sell ratings. According to analysts’ consensus price target of $274.50, FactSet Research Systems has a forecasted downside of 17.0% from its current price of $330.72. FactSet Research Systems has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Dividend Strength: FactSet Research Systems (NYSE:FDS)
FactSet Research Systems has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends. FactSet Research Systems does not have a long track record of dividend growth. The dividend payout ratio of FactSet Research Systems is 30.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FactSet Research Systems will have a dividend payout ratio of 28.31% next year. This indicates that FactSet Research Systems will be able to sustain or increase its dividend.
Insiders buying/selling: FactSet Research Systems (NYSE:FDS)
In the past three months, FactSet Research Systems insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,274,906.00 in company stock. Only 2.30% of the stock of FactSet Research Systems is held by insiders. 92.58% of the stock of FactSet Research Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of FactSet Research Systems (NYSE:FDS
Earnings for FactSet Research Systems are expected to grow by 3.42% in the coming year, from $10.52 to $10.88 per share. The P/E ratio of FactSet Research Systems is 34.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.04. The P/E ratio of FactSet Research Systems is 34.09, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.88. FactSet Research Systems has a PEG Ratio of 3.61. PEG Ratios above 1 indicate that a company could be overvalued. FactSet Research Systems has a P/B Ratio of 18.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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