Alert: New Earnings Report (9/19/24)-FactSet Research Systems Inc. (NYSE: FDS).

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FactSet Research Systems Inc. (NYSE: FDS) has reported E.P.S. of $2.35 for its fourth fiscal quarter (ending August 31) versus $1.71 for the same period a year ago — an increase of 37%. However, this performance was $-1.27 short of the consensus estimate of $3.62. For the latest four quarters through August 31, E.P.S. were $14.11 versus $12.26 for the same period a year ago — an increase of 15%.

Recent Price Action

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FactSet Research Systems Inc. (NYSE: FDS) stock enjoyed a very large increase of 5.1% on 9/19/24. The shares closed at $469.48. Moreover, exceptionally high trading volume at 240% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 7.3% during the last week.

Current PriceTarget Research Rating

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

FactSet Research Systems has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. FactSet Research Systems has a slightly negative Power Rating of 34 and a poor Appreciation Score of 28, leading to the Negative Value Trend Rating.

Rating Review

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

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