FactSet Research Systems Inc. (NYSE: FDS) is a prominent financial data and software company that provides comprehensive solutions for investment professionals worldwide. Founded in 1978 and headquartered in Norwalk, Connecticut, FactSet offers a suite of products that deliver critical information and analytical tools for investment management, investment banking, and corporate governance.
FactSet stands out for its vast dataset encompassing global financial and economic information, which includes data on public and private companies, market indices, commodities, and more. The company's platform enables users to access and analyze financial markets, facilitating better investment decision-making. Its software especially caters to portfolio managers, analysts, and financial advisors by providing capabilities such as risk management, financial modeling, and performance analytics.
The company's business model is primarily subscription-based, allowing it to generate stable recurring revenues. FactSet has a track record of steady growth, driven by both organic growth initiatives and strategic acquisitions that enhance its data offerings and technological capabilities. The firm has successfully expanded into sectors such as alternative data and machine learning, positioning itself at the forefront of the evolving financial landscape.
Despite competition from other financial technology providers and platforms, FactSet has managed to maintain its strong reputation by focusing on high-quality client service and continuous innovation. As of October 2023, FactSet's business segments include Research Systems, which encompasses its core analytics and data solutions, and Client Solutions, which focuses on custom products and services tailored to specific client needs.
Overall, FactSet Research Systems Inc. remains a critical player in the financial data industry, known for its robust analytics, adaptability, and commitment to serving the investment community with valuable insights and tools.
FactSet Research Systems Inc. (NYSE: FDS) has established itself as a reputable provider of financial data and analytical applications, catering to investment professionals globally. As of October 2023, the company's stock reflects a stable growth trajectory, making it an attractive consideration for investors focused on the financial services sector.
FactSet's core strengths lie in its comprehensive data offering and advanced analytical tools, which are invaluable for portfolio management, risk assessment, and investment research. The company continuously invests in technology and innovation, ensuring that it provides real-time data and insights that align with the evolving needs of financial professionals. This commitment to technological advancement has enabled FactSet to bolster customer retention and attract new clients, which is crucial for sustaining revenue growth.
Financial performance metrics indicate a solid year-over-year revenue growth, driven primarily by subscription services. With a strong balance sheet and positive cash flow generation, FactSet shows resilience in navigating market fluctuations. Furthermore, the company's strategic acquisitions have enhanced its product offerings and market reach, ensuring it remains competitive in a crowded marketplace.
When considering investment in FDS, it is essential to assess both macroeconomic conditions and industry trends. The ongoing digital transformation in finance and the increasing reliance on data analytics suggest continued demand for FactSet’s services. However, potential investors should also be aware of the competitive landscape, as firms like Bloomberg and Refinitiv pose significant challenges.
Given the company's robust fundamentals, consistent performance, and positive industry outlook, FDS presents itself as a strong candidate for long-term investment. Current market conditions suggest that maintaining a diversified position in high-quality financial data firms could yield favorable returns. Investors may consider accumulating shares on dips to capitalize on potential market recoveries and future growth opportunities.
* MWN AI Summary and Analysis is based on asking OpenAI to summarize and analyze the company and stock symbol.
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 84% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software and in 2017 the company acquired BISAM, a risk management and performance measurement provider.
Quote | FactSet Research Systems Inc. (NYSE:FDS)
Last: | $485.52 |
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Change Percent: | 0.1% |
Open: | $489 |
Close: | $485.52 |
High: | $489.85 |
Low: | $485.33 |
Volume: | 206,753 |
Last Trade Date Time: | 12/03/2024 03:00:00 am |
News | FactSet Research Systems Inc. (NYSE:FDS)
2024-12-02 23:35:12 ET Summary I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. November's performance: Strong Buy portfolio +2.66%, Buy or Better +4.24%, a...
NORWALK, Conn., Dec. 02, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Christopher McLoughlin as Executive Vice President, Chief Legal Officer (CLO), effective December 2, 2024....
Message Board Posts | FactSet Research Systems Inc. (NYSE:FDS)
Subject | By | Source | When |
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whytestocks: $FDS News Article - FactSet Schedules First Quarter 2023 Earnings Call | whytestocks | investorshangout | 11/21/2022 7:00:51 PM |
whytestocks: $FDS News Article - Paychex (PAYX) Stock Slides 5% Despite Earnings Beat | whytestocks | investorshangout | 06/29/2022 8:15:49 PM |
whytestocks: $FDS News Article - FactSet Reports Results for Third Quarter 2022 | whytestocks | investorshangout | 06/23/2022 4:05:52 PM |
whytestocks: $FDS News Article - FactSet Research Systems Inc.: The Winning Streak Continues (FDS) | whytestocks | investorshangout | 09/29/2021 4:09:46 PM |
whytestocks: $FDS News Article - FactSet Research Systems inc (FDS) Q4 2021 Earnings Call Transcript | whytestocks | investorshangout | 09/28/2021 8:40:48 PM |
MWN AI FAQ **
Key growth drivers for FactSet Research Systems Inc. (FDS) include increasing demand for advanced analytics and data solutions, the expansion of AI and machine learning applications in finance, strategic partnerships, and a focus on enhancing client experience and product integration.
As of October 2023, FactSet Research Systems Inc. (FDS) has demonstrated steady revenue growth, albeit at a slower pace than some competitors, while maintaining a robust market share in the financial data and analytics industry.
FactSet Research Systems Inc. is enhancing its technology offerings and customer experience by investing in advanced analytics, artificial intelligence, and cloud-based solutions, while also expanding its data integration capabilities and user-friendly interfaces to improve client engagement.
FactSet Research Systems Inc. (FDS) plans to address potential regulatory challenges and data privacy issues by enhancing its compliance frameworks, investing in advanced data security technologies, and actively engaging with regulators to align its practices with industry standards.
** MWN AI Questions are based on asking OpenAI to ask and answer four questions about the company and stock symbol.
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NORWALK, Conn., Dec. 02, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Christopher McLoughlin as Executive Vice President, Chief Legal Officer (CLO), effective December 2, 2024....
NORWALK, Conn., Nov. 21, 2024 (GLOBE NEWSWIRE) -- FactSet, a global financial digital platform and enterprise solutions provider, today announced its Intelligent Platform initiative, introducing the integration of conversational AI at the platform level. The Intelligent Platform will connect an e...
NORWALK, Conn., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the first quarter fiscal 2025, ending November 30, 2024, on ...