FactSet shares rose during pre-market trading, following news of its fiscal third-quarter earnings beat.
The financial data services company reported earnings of $2.62 per share, which surpassed analysts’ estimates of $2.36 per share. The figure also reflects a +20.2% increase from the same quarter in the prior year.
Revenue of $364.5 million also came in higher compared to the Street expectations of $359.25 million.
According to CEO Phil Snow, FactSet’s performance reveals resilience of the company’s long-term strategy in the face of sector and industry headwinds. Snow emphasized on the company’s connected data and technology solutions as being appreciated by clients.
FactSet also announced a hike in its quarterly dividend by 12.5% to 72 cents per share - marking the 14th consecutive year of its dividend raise.
It has also approved a $210 million addition to its current share buyback program.
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FDS's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDS advanced for three days, in of 381 cases, the price rose further within the following month. The odds of a continued upward trend are .
FDS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on February 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FDS as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FDS turned negative on February 11, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for FDS crossed bearishly below the 50-day moving average on January 08, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FDS entered a downward trend on January 22, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FDS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (9.921) is normal, around the industry mean (5.562). P/E Ratio (35.832) is within average values for comparable stocks, (34.442). Projected Growth (PEG Ratio) (2.368) is also within normal values, averaging (2.610). Dividend Yield (0.009) settles around the average of (0.030) among similar stocks. P/S Ratio (8.104) is also within normal values, averaging (113.078).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of on-line integrated database services to the global financial community
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