FactSet Research Systems Inc.’s Stock Price Skyrockets to $489.73, Marking a Robust 3.53% Increase

FactSet Research Systems Inc. (FDS)

489.73 USD +16.68 (+3.53%) Volume: 0.65M

FactSet Research Systems Inc.’s stock price is currently performing at 489.73 USD, up 3.53% this trading session with a trading volume of 0.65M, marking a positive year-to-date percentage change of 2.55%, highlighting its steady growth potential.

Latest developments on FactSet Research Systems Inc.

Factset Research Systems Inc. reported a strong first quarter with a significant increase in profit, beating estimates and impressing investors. The company’s stock initially gapped down but later rebounded as earnings surpassed expectations. The positive earnings call transcript for the fourth quarter of 2024 further boosted investor confidence. FactSet’s Q1 earnings topped consensus as subscription numbers increased, margins held up, and annual guidance was affirmed. The company also updated its FY25 earnings guidance, indicating a positive outlook for the future. Additionally, FactSet appointed Barak Eilam to its Board of Directors, signaling potential growth and strategic leadership in the company.

FactSet Research Systems Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, have been closely following Factset Research Systems Inc. The recent earnings presentation for FactSet’s fiscal Q4 2024 showed a mix of challenges and successes. Despite facing market saturation and competition in enterprise-level services, FactSet demonstrated growth with organic Annual Subscription Value (ASV) plus professional services increasing by 4.8% year-over-year. Total revenue rose to $2.2 billion, and adjusted EPS increased to $16.45, indicating a 12.3% growth over the fiscal year.

In another report by Baptista Research, FactSet’s performance in the third quarter of fiscal year 2024 was analyzed. The results showed a mixed picture with organic ASV and professional services growing by 5%. Despite challenges in the market environment, FactSet managed to increase adjusted diluted earnings per share (EPS) to $4.37. Analysts highlighted the company’s efforts in strengthening its presence in private markets for competitive differentiation, amidst industry-wide pressures like tightened client budgets and extended decision-making processes.

A look at FactSet Research Systems Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Factset Research Systems Inc has received a mixed outlook based on the Smartkarma Smart Scores. While the company scored well in terms of momentum with a score of 4, indicating strong market performance, it scored lower in resilience with a score of 2. This suggests that the company may face challenges in adapting to unexpected changes or disruptions in the market.

Overall, Factset Research Systems Inc received an average score of 3 across value, dividend, and growth factors. This indicates a moderate outlook for the company in terms of its financial performance and potential for future growth. As a provider of global economic and financial data to professionals in the finance industry, Factset Research Systems Inc plays a crucial role in supplying essential information for analysis and decision-making.

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