FactSet Research Systems Inc. (FDS) is a data analytics firm that recently found itself in the scope of Evercore ISI Group, which initiated coverage with an In-Line recommendation. Furthermore, the company is being considered as a sustainable business for the long-term. Investment from Sanctuary Advisors LLC, amounting to $9.73 million, and Mackenzie Financial Corp, with holdings worth $2.80 million, reinforce this perception. FactSet's Q4 2024 earnings reveal significant strength, and over time, the company has shown resilience in the face of financial sector variations. An 11% CAGR has notably outpaced same-period earnings growth. The company foresees a clear growth runway ahead and has surpassed Q1 earnings and revenue estimates. Despite a Q1 decline, FactSet's growth stock status remains robust. In recent reports, Texas Permanent School Fund Corp and Sei Investments Co. reduced their shareholdings in FDS, while Virtu Financial LLC and XTX Topco Ltd took up new positions. On the performance front, FactSet rose on Q3 profit beat and raised guidance, boosting shares by 4.55% on Sep 19. Future predictions forecast FY2026 earnings of $18.67 per share. Lastly, FactSet's commitment to reduce GHG emissions has been validated by the Science Based Targets Initiative.
Factset Research Systems FDS News Analytics from Fri, 01 Mar 2024 08:00:00 GMT to Fri, 04 Oct 2024 09:22:24 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -5
