FDS Stock Summary and Trading Ideas (Factset Research Systems | NYSE:FDS)

FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

Factset Research Systems trades on the NYSE stock market under the symbol FDS.

As of April 25, 2024, FDS stock price declined to $420.96 with 47,027 million shares trading.

FDS has a beta of 0.83, meaning it tends to be less sensitive to market movements. FDS has a correlation of 0.24 to the broad based SPY ETF.

FDS has a market cap of $15.99 billion. This is considered a Large Cap stock.

Last quarter Factset Research Systems reported $546 million in Revenue and $4.22 earnings per share. This fell short of revenue expectation by $-855,000 and exceeded earnings estimates by $.34.

In the last 3 years, FDS stock traded as high as $495.40 and as low as $317.55.

The top ETF exchange traded funds that FDS belongs to (by Net Assets): VTI, VOO, VO, SPY, VUG.

FDS has underperformed the market in the last year with a return of +0.6%, while the SPY ETF gained +22.7%. In the last 3 month period, FDS fell short of the market, returning -10.4%, while SPY returned +3.2%. However, in the most recent 2 weeks FDS has outperformed the stock market by returning -1.8%, while SPY returned -2.8%.

FDS support price is $417.12 and resistance is $428.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDS stock will trade within this expected range on the day.