Factset Research Systems Inc. (FDS) shares projected to rise by 2.51%

Factset Research Systems Inc. [FDS] stock is trading at $422.84, up 1.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FDS shares have gain 3.39% over the last week, with a monthly amount glided 3.46%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Factset Research Systems Inc. [NYSE: FDS] stock has seen the most recent analyst activity on August 13, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $435. Previously, BofA Securities downgraded its rating to Underperform on May 30, 2024, and dropped its price target to $407. On April 11, 2024, Wolfe Research initiated with a Underperform rating and assigned a price target of $430 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $460 on March 22, 2024. Deutsche Bank downgraded its rating to a Hold and raised its price target to $480 on December 08, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on August 25, 2023, and downed its price target to $464.

Factset Research Systems Inc. [FDS] stock has fluctuated between $391.84 and $488.64 over the past year. Currently, Wall Street analysts expect the stock to reach $433.45 within the next 12 months. Factset Research Systems Inc. [NYSE: FDS] shares were valued at $422.84 at the most recent close of the market. An investor can expect a potential return of 2.51% based on the average FDS price forecast.

Analyzing the FDS fundamentals

Factset Research Systems Inc. [NYSE:FDS] reported sales of 2.18B for the trailing twelve months, which represents a growth of 4.32%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.29 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.77.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 417.45 points at the first support level, and at 412.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 425.68, and for the 2nd resistance point, it is at 428.51.

Ratios To Look Out For

For context, Factset Research Systems Inc.’s Current Ratio is 1.28. As well, the Quick Ratio is 1.28, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 7.39, the price to book ratio is 8.51 and price to earnings (TTM) ratio is 31.89.

Transactions by insiders

Recent insider trading involved Snow Frederick Philip, Chief Executive Officer, that happened on Aug 01 ’24 when 3000.0 shares were sold. Officer, Snow Frederick Philip completed a deal on Aug 01 ’24 to buy 3000.0 shares. Meanwhile, Chief Executive Officer Snow Frederick Philip sold 3000.0 shares on Jul 01 ’24.

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