Alert: New Earnings Report (3/21/24)-FactSet Research Systems Inc. (NYSE: FDS).

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FactSet Research Systems Inc. (NYSE: FDS) has reported E.P.S. of $3.70 for its second fiscal quarter (ending February 28) versus $3.44 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $12.84 compared to $11.75 a year ago.

Recent Price Action

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FactSet Research Systems Inc. (NYSE: FDS) stock closed at $450.66 on 3/21/24 after a large decline of -7.6%. Moreover, trading volume in this decline was exceptionally high at 403% of normal. The stock has declined -6.4% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, FDS is expected to continue to be a major Value Builder.

FactSet Research Systems has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. FactSet Research Systems has a poor Appreciation Score of 23 but a good Power Rating of 78, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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