The “King Of Quants” sees 10 instances extra potential… (From Investor Place Media)
FactSet Analysis Techniques Inc. (NYSE:FDS – Get Rankings) – William Blair fairness analysis analysts lowered third-quarter 2023 earnings-per-share (EPS) estimates for FactSet Analysis Techniques in a analysis word launched Friday, March 24 . William Blair analyst A. Nicholas now expects the enterprise companies supplier to submit earnings per share of $3.57 for the quarter, down from its earlier estimate of $3.63. The consensus estimate for FactSet Analysis Techniques’ present full-year earnings is $14.85 per share. William Blair additionally launched estimates for FactSet Analysis Techniques fourth quarter 2023 earnings at $3.47 EPS, FY2023 earnings at $14.83 EPS, first quarter 2024 earnings at $4.19 EPS, Q2 2024 earnings at $4.16 EPS, Q3 2024 earnings at $4.03 EPS, This fall 2024 earnings at $3.93 EPS, and FY2024 earnings at $16.30 EPS.
FactSet Analysis Techniques (NYSE:FDS – Get Ranking) final launched its quarterly earnings outcomes on Thursday, March 23. The enterprise companies supplier reported earnings per share (EPS) of $3.80 for the quarter, topping the $3.65 consensus estimate by $0.15. FactSet Analysis Techniques reported a return on fairness of 40.18% and a web margin of twenty-two.30%. The corporate reported income of $515.10 million for the quarter, in comparison with the consensus estimate of $510.79 million. In the identical quarter final 12 months, the corporate reported earnings per share of $3.27. The corporate’s income for the quarter elevated 19.5% 12 months over 12 months.
Different analysts have additionally not too long ago launched analysis experiences on the corporate. Credit score Suisse Group upgraded FactSet Analysis Techniques from a “impartial” ranking to an “outperform” ranking and raised its value goal for the corporate from $485.00 to $500.00 in a analysis word on Thursday, Jan. 12. Barclays raised its value goal on FactSet Analysis Techniques from $440.00 to $520.00 and gave the corporate an “chubby” ranking in a analysis report on Friday, December 2. UBS Group raised its value goal on FactSet Analysis Techniques from $399.00 to $425.00 and gave the corporate a “impartial” ranking in a analysis report on Wednesday, Dec. 21. The Royal Financial institution of Canada reaffirmed an “outperform” ranking and issued a $500.00 value goal on shares of FactSet Analysis Techniques on Friday in a analysis report. Lastly, StockNews.com started protection of FactSet Analysis Techniques in a analysis report on Thursday, March 16. They’ve issued a “maintain” ranking on the inventory. Two funding analysts have rated the inventory with a promote ranking, three have issued a maintain ranking, and 5 have issued a purchase ranking to the corporate’s inventory. Based mostly on information from MarketBeat.com, the inventory at the moment has a mean ranking of “Maintain” and a consensus value goal of $448.86.
Motion efficiency of FactSet search methods
FDS opened at $398.86 on Monday. The corporate’s 50-day transferring common value is $419.40, and its two-hundred-day transferring common value is $422.21. FactSet Analysis Techniques has a 1-year low of $345.92 and a 1-year excessive of $474.13. The corporate has a market cap of $15.26 billion, a value/earnings ratio of 34.62, a P/E/G ratio of two.65, and a beta of 0.84. The corporate has a debt-to-equity ratio of 1.08, a present ratio of two.11, and a immediate ratio of two.16.
Hedge funds weigh on FactSet analysis methods
Institutional buyers and hedge funds have not too long ago made adjustments to their positions within the firm. Vanguard Group Inc. elevated its stake in FactSet Analysis Techniques by 1.2% within the first quarter. Vanguard Group Inc. now owns 4,298,111 shares of the enterprise companies supplier valued at $1,866,025,000 after buying an extra 52,604 shares through the interval. State Avenue Corp elevated its place in shares of FactSet Analysis Techniques by 1.7% within the first quarter. State Avenue Corp now owns 1,988,080 shares of the enterprise companies supplier valued at $863,125,000 after buying an extra 32,550 shares through the interval. Morgan Stanley elevated its stake in FactSet Analysis Techniques inventory by 171.6% within the fourth quarter. Morgan Stanley now owns 718,288 shares of the enterprise companies supplier valued at $288,185,000 after buying an extra 453,799 shares within the latest quarter. Amundi elevated its stake in FactSet Analysis Techniques shares by 27.4% within the fourth quarter. Amundi now owns 508,493 shares of the enterprise companies supplier valued at $209,468,000 after buying an extra 109,306 shares within the latest quarter. Lastly, JPMorgan Chase & Co. elevated its place in FactSet Analysis Techniques by 21.6% through the fourth quarter. JPMorgan Chase & Co. now owns 477,977 shares of the enterprise companies supplier valued at $191,770,000 after buying an extra 84,788 shares through the interval. Institutional buyers and hedge funds personal 89.98% of the corporate’s shares.
Insider shopping for and promoting
In associated information, CEO Frederick Philip Snow has bought 3,000 shares of FactSet Analysis Techniques in a deal dated Wednesday, March 1. The inventory bought at a mean value of $412.91, for a complete transaction of $1,238,730.00. Following the completion of the transaction, the CEO now owns 8,247 shares of the corporate, valued at $3,405,268.77. The transaction was disclosed in a submitting with the Securities & Change Fee, which is out there on the SEC’s web site. 0.97% of the shares are at the moment owned by company insiders.
FactSet Analysis Techniques Broadcasts Dividend
The corporate additionally not too long ago declared a quarterly dividend, which was paid Thursday, March 16. A dividend of $0.89 per share was issued to registered buyers on Tuesday, February 28. That represents a $3.56 year-over-year dividend and a yield of 0.89%. The ex-dividend date of this dividend was Monday 27 February. FactSet Analysis Techniques payout ratio is at the moment 30.90%.
FactSet Analysis Techniques Firm Profile
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FactSet Analysis Techniques Inc (the “”Firm”” or “”FactSet””) is a worldwide supplier of built-in monetary info, analytic purposes and companies to the funding and enterprise communities. From the very starting, international monetary professionals have used the Firm’s content material and multi-asset class options at each stage of the funding course of.
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