FactSet Research provides integrated financial information and analytical applications to investment community in the United States, Europe, and the Asia Pacific. The company was founded in 1978 and is based in Norwalk, Connecticut.
FDS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Factset Research Systems Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Factset Research Systems Inc ranked in the 30th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 61.5%. In terms of the factors that were most noteworthy in this DCF analysis for FDS, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 57.77 -- which is good for besting 93.6% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
The business' balance sheet reveals debt to be 7% of the company's capital (with equity being the remaining amount). Approximately only 20.51% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
FDS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 40.16% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FDS, try WTRE, GHL, MSCI, SCU, and WDR.
FactSet Research Systems Inc. (NYSE:FDS) Director Joseph Zimmel sold 1,550 shares of the business’s stock in a transaction that occurred on Thursday, January 14th. The stock was sold at an average price of $325.88, for a total transaction of $505,114.00. Following the sale, the director now owns 2,404 shares of the company’s stock, valued at […]
Pioneering concordance offering to allow clients a faster, more seamless experience that links universe of proprietary and third-party data in the cloudNORWALK, Conn., Jan. 12, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced an expanded offering with Snowflake, the Data Cloud company. FactSet will integrate its exclusive data-mapping service, FactSet Concordance Service, into Snowflake’s platform, providing clients with faster content integration. This offering marks the first time investment professionals will be able to immediately link third-party, FactSet, and proprietary content together in Snowflake’s data cloud. FactSet’s Concordance Service on Snowfl...
FactSet Research Systems Inc. reported better-than-expected results in the first quarter (ending Nov. 30, 2020) and reiterated its guidance for fiscal 2021. However, shares of the software company fell 4.1% on Monday. FactSet Research’s (FDS) 1Q earnings of $2.88 per share exceeded analysts’ estimates of $2.75 and grew 11.6% year-over-year driven by top-line growth and operating margin expansion. The company’s 1Q revenue increased 5.9% to $388.2 million year-over-year, and topped the consensus estimate of $387.4 million. It was mainly driven by sales of analytics and content and technology solutions.