The
Royal Bank of Canada has reiterated its Sector Perform Rating on
FactSet Research Systems (FDS). A subsequent
increment in recommendations by 8 Analysts and a
Strategic SWOT insight highlight FDS's business strategies. FDS has organized several
Investor Days and has revealed their ambitious growth strategy targeting a 38% operating margin and a $40B+ market by 2028. FactSet's stock performance in the Financial Sector has been considered underwhelming. Nevertheless, FDS's growth potential is being acknowledged, reflected in the recent
price target raise to $525.00. There's positive anticipation surrounding FactSet's upcoming Q1 2025
Earnings Report. Notably, the Principal Financial Group Inc. has acquired 1,443 shares of FDS, while Atria Investments Inc. has reduced their holdings. Despite minor internal movement, FDS announced a
quarterly dividend of $1.04. Strong Q4 2024 earnings highlight FactSet's continued good performance, and an EPS of $2.32 is recorded. FDS's resilience is visible with a steady purchase of shares by investment companies, even though insiders have recently sold some shares. FDS's annual EPS missed expectations, but Q3 Profits beat them, proving a continued potential for growth. Furthermore, FactSet intends to
acquire Irwin, and its investment in AI to boost client efficiency is noteworthy.
Factset Research Systems FDS News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Fri, 15 Nov 2024 17:51:26 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
