FactSet Research Systems (FDS) has been going through significant changes. Notably, the announcement of
CEO’s retirement led to a Q2 drop in the company’s stock. The new ESOP share plan is expected to
reshape long-term incentives and capital strategy. Despite experiencing a
profit decrease in Q3 and missing estimates, the company shows potential for growth with its strong ASV growth and user count growth. The Earnings Outlook remains positive as FactSet continues to attract the attention of investors and analysts. Dividend declarations and Earnings Release updates keep investors busy, while news of the
appointment of Kevin Toomey as the Head of Investor Relations promises strategic communication moving forward. Operational margins slipped in Q3 due to higher costs, causing earnings to lag estimates. Nonetheless, there are calls to consider FactSet Research Systems as a long-term holding based on improved price strength and its dividend aristocrat status.
Incidents of insider trading also made news. Questions about the company’s underperformance against the S&P 500 and Nasdaq, however, continue to be a concern for investors.
Factset Research Systems FDS News Analytics from Tue, 01 Oct 2024 07:00:00 GMT to Fri, 08 Aug 2025 13:43:41 GMT -
Rating 1
- Innovation 4
- Information 6
- Rumor -4
