Factset Stock Forecast: Earnings beat the company and industry odds, Will price follow?

Factset Stock Forecast: The stock is expected to trade between $362 and $395. The overall recommendation is Hold.

Table of Contents

Factset Stock Forecast: Latest Price

Factset Stock Forecast: Performance Chart

Stock Name	5 Days	1 Month	6 Months	1 Year
FDS	11.6%	4.8%	19.9%	17.6%

Factset Stock Forecast: Latest Tweet

Ethan Tucker on Twitter: “That $FDS quarter looks pretty good to me. No recession in sight for them. Rev. up 22.3%. Adj. EPS up 38.2%. Added a large amount of debt in an acquisition of CGS, but I think it should be a good one. Also locked in favorable interest terms, given the rapid rise in interest rates pic.twitter.com/5kPSnbJLVL / Twitter”
That $FDS quarter looks pretty good to me. No recession in sight for them. Rev. up 22.3%. Adj. EPS up 38.2%. Added a large amount of debt in an acquisition of CGS, but I think it should be a good one.

Factset Stock Forecast: Today’s Outlook

Indicator	Trend
Overall Outlook	Positive
Market Data
Market Cap	Higher
Technical	Sell
Trading Volume	Higher
Crowd’s Wisdom
Google Search Volume	Higher
Social Media Sentiment	Positive

Factset Stock Forecast: Q3 Earnings Report Summary

	Reported	Forecasted
Earnings Per Share	$3.8	$3.2
May 2022 Revenue	$488.8M	$477M

During the last four quarters too, the company was able to beat the earnings estimates. The trends for this stock are getting mixed reviews and hence, it has received a rating of “hold” – They are expected to perform well in the near future. Their other competitors such as ManPower, Omnicom, Equifax also beat the decided earnings mark – This sector, as a whole, is gaining momentum.

Factset Stock Forecast: Latest Video

Factset Stock Forecast: Price History and what lies ahead?

Month	Price	High	Low	Volume	Change
Jun 22	388.8	390.5	345.9	555.9K	1.8%
May 22	381.8	404.6	353.4	5.9M	-5.4%
Apr 22	403.5	448.6	402.8	5.7M	-7.1%
Mar 22	434.2	445.7	401.5	7.6M	6.9%
Feb 22	406.1	429.8	381.8	4.9M	-3.8%
Jan 22	421.9	486.5	395.3	5.9M	-13.2%
Highest: 486.5	Lowest: 345.9	Difference: 140.6	Average: 406		Change %: -20

The Price Target for Factset has reached a high of $490 and a low of $338 – This is 13.2% higher than the previous estimates. The revenues of this company are predicted to increase. Also, this stock has had a rise of 7.6% this year as compared to the industry decline of 16.3%. The company has no short-term debt and strategic acquisitions (CUSIP Global Services and Cobalt Software) were made successfully. Due to improving finances and beating of industry odds in the previous earnings call, it has shown growth during market volatility and hence, the price is expected to rise.

Factset Stock Forecast: Technical Analysis

–Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.