FactSet (FDS, $419.38) beat fiscal Q2 expectations
FactSet Research Systems Inc. posted second-quarter fiscal 2022 results that surpassed analysts’ expectations.
The financial data company’s adjusted earnings rose +20.2% from the year-ago quarter to $3.27 a share, exceeding the Zacks Consensus Estimate by 10.5%.
Revenues climbed +10% year-over-year to $431.1 million in the quarter also surpassed the Zacks Consensus Estimate by 1%. The increase was driven by higher sales of analytics, and research and advisory solutions.
Organic revenues rose +9.9% year over year to $430.8 million. Organic revenue growth from Americas, EMEA and Asia Pacific was 10.3%, 9.5% and 13.7%, respectively.
The company’s annual Subscription Value (“ASV”) plus professional services increased +9.5% year over year. Buy-side and sell-side ASV growth rates were +8.4% and +12.6%, respectively. Organic ASV plus professional services were up +9.4% from the prior-year quarter. Almost 84% of organic ASV was generated by buy-side and the rest by sell-side firms.
FDS's Stochastic Oscillator descends into oversold zone
The Stochastic Oscillator for FDS moved into oversold territory on October 28, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.
Technical Analysis (Indicators)
Bullish Trend Analysis
The 50-day moving average for FDS moved above the 200-day moving average on October 18, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDS advanced for three days, in of 390 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 295 cases where FDS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for FDS moved out of overbought territory on October 18, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on October 25, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on FDS as a result. In of 89 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 October 22, 2024. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
FDS broke above its upper Bollinger Band on October 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring 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 70, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 steady price growth. FDS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 (5.701). P/E Ratio (35.832) is within average values for comparable stocks, (33.698). 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 (111.948).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of on-line integrated database services to the global financial community
Industry InvestmentBanksBrokers