FactSet Reports Results for Fourth Quarter 2024

FactSet Research Systems (FDS) PT Raised to $503 at RBC Capital

RBC Capital analyst Ashish Sabadra raised the price target on FactSet Research Systems (NYSE: FDS) to $503.00 (from $464.00) while maintaining a Sector Perform rating.

The analyst comments "Our view: ASV growth could moderate in 1Q25 due to seasonality, tight budgets, and potential attrition,... More

FactSet Research Systems (FDS) PT Raised to $503 at Wells Fargo

Wells Fargo analyst Jason Hass raised the price target on FactSet Research Systems (NYSE: FDS) to $503.00 (from $435.00) while maintaining a Equal Weight rating.

The analyst comments "FDS reported F4Q ASV in line with guidance but revenue ahead. The midpoint of... More

Goldman Sachs Reiterates Sell Rating on FactSet Research Systems (FDS)

Goldman Sachs analyst George K. Tong reiterated a Sell rating and $444.00 price target on FactSet Research Systems (NYSE: FDS).

The analyst comments "We remain cautious on FactSet following F4Q results, which beat on revenue and EPS relative to consensus but was accompanied by a lackluster guide for F2025. FDS continues to operate in a challenging selling environment with... More

BMO Capital Reiterates Market Perform Rating on FactSet Research Systems (FDS)

BMO Capital analyst Jeff Silber reiterated a Market Perform rating and $440.00 price target on FactSet Research Systems (NYSE: FDS).

The analyst comments "FDS reported a margin-driven adjusted EPS beat. Organic revenue was stable sequentially, up ~5% y/y, while organic ASV growth slowed slightly.... More

Wolfe Research Reiterates Underperform Rating on FactSet (FDS), 'We believe that the direction of shares will likely hinge on commentary from management '

Wolfe Research analyst Scott Wurtzel reiterated an Underperform rating and $410.00 price target on FactSet Research Systems (NYSE: FDS)

The analyst comments "Shares of FDS are currently up 3% pre-market. We believe that the direction of shares will likely hinge on commentary from... More

FactSet (FDS) Tops Q4 EPS by 12c, Offers Guidance

FactSet (NYSE: FDS) reported Q4 EPS of $3.74, $0.12 better than the analyst estimate of $3.62. Revenue for the quarter came in at $562.2 million versus the consensus estimate of $546.76 million.

GUIDANCE:

FactSet sees FY2025 EPS of $16.80-$17.40, versus the consensus of $17.36. FactSet sees... More