Equities Analysts Issue Forecasts for FactSet Research Systems Inc.’s FY2019 Earnings (FDS)
FactSet Research Systems Inc. (NYSE:FDS) – Cantor Fitzgerald issued their FY2019 earnings estimates for FactSet Research Systems in a note issued to investors on Monday. Cantor Fitzgerald analyst J. Foresi forecasts that the business services provider will earn $9.39 per share for the year.
FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.06. The firm had revenue of $329.10 million during the quarter, compared to analysts’ expectations of $330.49 million. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.75 earnings per share.
FactSet Research Systems (NYSE:FDS) traded up $1.04 on Wednesday, reaching $196.93. The company had a trading volume of 362,967 shares, compared to its average volume of 316,400. The firm has a market capitalization of $7,700.00, a PE ratio of 29.75, a price-to-earnings-growth ratio of 2.19 and a beta of 0.97. FactSet Research Systems has a 52-week low of $155.09 and a 52-week high of $207.25. The company has a current ratio of 2.64, a quick ratio of 2.04 and a debt-to-equity ratio of 0.93.
Large investors have recently made changes to their positions in the business. ETF Managers Group LLC bought a new position in shares of FactSet Research Systems in the second quarter worth about $121,000. Mountain Capital Investment Advisors Inc bought a new position in shares of FactSet Research Systems in the second quarter worth about $126,000. Turner Investments LLC bought a new position in shares of FactSet Research Systems in the third quarter worth about $144,000. Fieldpoint Private Securities LLC bought a new position in shares of FactSet Research Systems in the third quarter worth about $195,000. Finally, Visionary Asset Management Inc. bought a new position in shares of FactSet Research Systems in the third quarter worth about $205,000. 93.68% of the stock is owned by institutional investors.
In other FactSet Research Systems news, VP Matthew J. Mcnulty sold 1,400 shares of the business’s stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $192.70, for a total value of $269,780.00. Following the completion of the sale, the vice president now owns 3,248 shares of the company’s stock, valued at $625,889.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Scott A. Billeadeau sold 2,419 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $192.30, for a total value of $465,173.70. Following the completion of the sale, the director now directly owns 4,419 shares of the company’s stock, valued at approximately $849,773.70. The disclosure for this sale can be found here. Insiders sold 5,219 shares of company stock valued at $1,004,734 in the last ninety days. Insiders own 2.70% of the company’s stock.
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Thursday, November 30th were given a $0.56 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.14%. FactSet Research Systems’s dividend payout ratio is currently 33.84%.
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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.
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