FMP
Dec 19, 2024 5:00 PM - Gordon Thompson(Last modified: Dec 20, 2024 10:53 AM)
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FactSet Research Systems Inc. (NYSE:FDS) is a leading provider of integrated financial information and analytical applications. The company serves investment professionals worldwide, offering data and software solutions to help them make informed decisions. FactSet competes with other financial data providers like Bloomberg and Thomson Reuters, striving to deliver superior insights and analytics.
On December 19, 2024, FactSet reported earnings per share (EPS) of $4.37, surpassing the estimated $4.25. This result also exceeded the Zacks Consensus Estimate of $4.30 per share, showcasing the company's ability to outperform market expectations. Compared to the previous year's EPS of $4.12, FactSet demonstrates consistent growth in its earnings.
FactSet's revenue for the quarter reached approximately $568.7 million, exceeding the estimated $565.1 million. This revenue growth reflects the company's strong market position and effective business strategies. FactSet's financial metrics, such as a price-to-earnings (P/E) ratio of 34.69 and a price-to-sales ratio of 8.38, indicate a robust valuation in the market.
The company's enterprise value to sales ratio is around 8.94, and its enterprise value to operating cash flow ratio is approximately 31.57. These figures suggest that FactSet is efficiently utilizing its resources to generate revenue and cash flow. The earnings yield of 2.88% further highlights the company's profitability.
FactSet maintains a debt-to-equity ratio of approximately 0.78, indicating a moderate level of debt relative to its equity. This suggests a balanced approach to financing its operations. Additionally, with a current ratio of 1.39, FactSet has a reasonable level of liquidity to cover its short-term liabilities, ensuring financial stability.
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