FactSet (FDS, $468.28) beats analysts' expectations
FactSet Research posted earnings of $3.25 per share for the quarter ended November 2021, surpassing the Zacks Consensus Estimate of $2.99 per share. This is also higher than the year-ago quarter’s $2.88 per share.
The financial data company’s revenues of $424.73 million also exceeded the Zacks Consensus Estimate by 1.25%. This was an increase over the year-ago quarter’s $388.21 million. The company has exceeded consensus revenue estimates three times over the last four quarters.
FDS's RSI Indicator climbs out of oversold territory
The RSI Oscillator for FDS moved out of oversold territory on May 13, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 19 similar instances when the indicator left oversold territory. In 16 of the 19 cases the stock moved higher. This puts the odds of a move higher at 84%.
Current price $372.86 crossed the support line at $365.97 and is trading between $437.49 support and $365.97 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -13% Downtrend, while the week of 05/09/22 - 05/16/22 shows a +2% Uptrend.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 14 days. 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 upward trend is expected.
Following a +1.76% 3-day Advance, the price is estimated to grow further. Considering data from situations where FDS advanced for three days, in 266 of 392 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.
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 April 21, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on FDS as a result. In 45 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 54%.
The Moving Average Convergence Divergence Histogram (MACD) for FDS turned negative on April 12, 2022. 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 45 similar instances when the indicator turned negative. In 23 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 51%.
FDS moved below its 50-day Moving Average on April 26, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for FDS crossed bearishly below the 50-day moving average on May 03, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 17 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 47%.
The 50-day Moving Average for FDS moved below the 200-day moving average on May 13, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 45%.
The Aroon Indicator for FDS entered a downward trend on May 16, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 57%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.03.
The Tickeron Profit vs. Risk Rating rating for this company is 9 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 22 (best 1 - 100 worst), pointing to outstanding 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 Price Growth Rating for this company is 59 (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 SMR rating for this company is 80 (best 1 - 100 worst), indicating weak sales and an unprofitable 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 Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued 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 Valuation Rating of 93 (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: FDS's P/B Ratio (11.587) is slightly higher than the industry average of (3.185). P/E Ratio (34.247) is within average values for comparable stocks, (48.020). Projected Growth (PEG Ratio) (2.235) is also within normal values, averaging (2.484). Dividend Yield (0.009) settles around the average of (0.035) among similar stocks. P/S Ratio (8.598) is also within normal values, averaging (97.176).
These banks specialize in underwriting (helping companies with debt financing or equity issuances), IPOs, facilitating mergers and other corporate reorganizations and acting as a broker or financial advisor for institutions. They might also trade securities on their own accounts. Investment banks potentially thrive on expanding its network of clients, since that could help them increase profits. Goldman Sachs, Morgan Stanley and CME Group Inc are some of the largest investment banking companies.
The average market capitalization across the Investment Banks/Brokers Industry is 8.3B. The market cap for tickers in the group ranges from 13 to 910.3B. PKRSF holds the highest valuation in this group at 910.3B. The lowest valued company is BFCH at 13.
The average weekly price growth across all stocks in the Investment Banks/Brokers Industry was -1.91%. For the same Industry, the average monthly price growth was -12.38%, and the average quarterly price growth was -18.14%. MSBM experienced the highest price growth at 90%, while ARCNF experienced the biggest fall at -57.31%.
The average weekly volume growth across all stocks in the Investment Banks/Brokers Industry was 8.43%. For the same stocks of the Industry, the average monthly volume growth was 6.59% and the average quarterly volume growth was 16.3%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the TrendWeek Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 32%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.42.
81 stocks in the group of tickers exhibit a similar negative trend based on the Declines indicator with an average likelihood of 71%.
The most notable companies in this group are Morgan Stanley (NYSE:MS), Charles Schwab Corp (The) (NYSE:SCHW), Goldman Sachs Group (NYSE:GS), CME Group (NASDAQ:CME).
The average market capitalization across the group is 10.4B. The market cap for tickers in the group ranges from 0 to 140.9B. MS holds the highest valuation in this group at 140.9B. The lowest valued company is BYSD at 0.
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The average weekly price growth across all stocks in the group was -2.23%. For the same group, the average monthly price growth was -17.78%, and the average quarterly price growth was -33.18%. IBKKF experienced the highest price growth at 93.47%, while CRKR experienced the biggest fall at -46.98%.
- 5/14/22 4:23 AM: Tradeweb Markets (TW, $67.27) was a top weekly gainer, with a +5.32% jump
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The average weekly volume growth across all stocks in the group was 15.05%. For the same stocks of the group, the average monthly volume growth was 517.83% and the average quarterly volume growth was 49.21%
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- 5/13/22 4:50 AM: The volume for Applied Blockchain stock increased for a consecutive 5 days, with an average daily gain of 96%
- 5/13/22 4:49 AM: The volume for Defi Technologies stock increased for one day, resulting in a record-breaking daily growth of 250% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows