FactSet Research Systems Inc: Q4 Earnings Expectations Insider

FactSet Research Systems Inc Earnings Overview
FactSet Research Systems Inc (FDS) is gearing up to disclose its fourth-quarter earnings. Analysts are expressing optimism as expectations rise.
Projected Earnings and Revenue
Analysts forecast that the company will report earnings of $4.13 per share, a notable increase from $3.74 per share during the same quarter last year. The anticipated quarterly revenue stands at approximately $593.44 million, as opposed to $562.19 million from the previous year. These figures indicate a steady growth trajectory for the company.
Recent Developments
In a significant move, BlueMatrix recently announced the acquisition of the RMS Partners business from FactSet. This strategic decision is expected to enhance FactSet’s offerings and market position further.
Stock Performance
Despite positive analyst forecasts, FactSet Research stocks experienced a minor dip of 0.1%, trading at around $344.39. Investors are keeping a close eye on the upcoming earnings result, which could be pivotal for future stock performance.
Analyst Ratings and Recommendations
As the company approaches the earnings release, various analysts have provided their assessments of the stock's performance:
- One of the notable evaluations came from Wells Fargo, where analyst Jason Haas maintained an Underweight rating while revising the price target down from $405 to $355.
- Raymond James analyst Patrick O'Shaughnessy upgraded the stock from Underperform to Market Perform, reflecting a positive shift in sentiment.
- BMO Capital's Jeffrey Silber maintained a Market Perform rating and modestly adjusted the price target upward from $448 to $452, indicating stable expectations.
- RBC Capital's Ashish Sabadra reiterated a Sector Perform rating, affirming his price target for the stock at $503, demonstrating confidence in the company's long-term prospects.
- Lastly, Morgan Stanley's Toni Kaplan kept an Underweight rating, adjusting the price target slightly from $390 to $393, suggesting cautiousness amid market fluctuations.
Investor Insights
As investors consider purchasing FDS stock, understanding the insights and outlook provided by analysts can provide a clearer perspective on the stock’s potential. Analysts' ratings indicate a division in sentiment, while some remain optimistic about growth, others suggest caution, particularly given the downward adjustments in price targets.
Conclusion
As we await the earnings announcement, the market’s reaction will be crucial. The results will not only impact the current stock price but can also significantly influence investor decisions moving forward. Staying informed about analyst ratings and the latest company news is essential for anyone considering an investment in FactSet Research Systems Inc.
Frequently Asked Questions
What are the expected earnings for FactSet in Q4?
The expected earnings for FactSet Research Systems Inc in Q4 are projected to be $4.13 per share.
How much revenue is FactSet projected to generate in Q4?
FactSet is anticipated to generate approximately $593.44 million in Q4 revenue.
What recent acquisition did FactSet announce?
FactSet announced the acquisition of the RMS Partners business by BlueMatrix.
What is the current stock performance of FactSet?
FactSet stocks have seen a minor decline, down 0.1% to around $344.39.
What do analysts think about FDS stock right now?
Analysts have mixed reviews, with some suggesting caution while others maintain a positive outlook on the stock's long-term potential.
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