FactSet Research Systems: A Smart Long-Term Investment for Financial Services SaaS

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FACTSET ($NYSE:FDS): FactSet Research Systems is a leader in the financial services SaaS (Software-as-a-Service) industry. It provides a comprehensive range of financial services products and platforms to fulfill the needs of its clients. The company’s services are tailored to meet the individual needs of each customer, which makes it a reliable partner for financial services professionals. FactSet’s commitment to providing the best solutions has made it one of the most popular SaaS providers in the sector. The company has a track record of consistent growth and profits, even through recession times. It is also a well-established brand in the industry, with customers including some of the biggest financial institutions in the world. With its diverse range of offerings, there is very little risk of becoming outdated or obsolete in the future. It is a publicly traded company on the New York Stock Exchange under the ticker symbol FDS.

In addition, FactSet provides data analytics, financial content, and portfolio analysis for its customers. Its diversified offerings, reliable performance, and strong brand reputation make it an ideal option for any investor looking for a financially sound SaaS provider.

Price History

FactSet Research Systems (FACTSET) provides financial information and analysis for various industries, including banking, finance, and insurance. On Wednesday, its stock opened at a price of $387.1 and closed at $384.6, down 1.1% from its prior close of $389.0. FACTSET has a valuable and comprehensive offering of data and analysis that businesses in Financial Services SaaS can use to make strategic decisions. This helps them stay competitive in the rapidly changing financial industry.

Additionally, FACTSET’s professional services help clients navigate the complexities of the financial sector. Due to its extensive offering, FACTSET has a competitive advantage over other companies in the Financial Services SaaS industry. This is reflected in its stock performance as it remains relatively stable despite market fluctuations. It provides valuable data and analysis as well as professional services that can help businesses stay competitive in the ever-evolving financial sector. Additionally, its stock is trading higher than it was a year ago, indicating there is still plenty of room for growth. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for FDS. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for FDS. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for FDS. More…

Key Ratios Snapshot

Some of the financial key ratios for FDS are shown below. More…

Analysis

GoodWhale has conducted an analysis of FACTSET RESEARCH SYSTEMS’ financials and classified the company as a ‘gorilla’ based on the Star Chart. This means that the company is likely to have strong competitive advantages, which has enabled it to achieve consistent and long-term revenue and earnings growth. Investors who are looking for growth, dividends, and strong profitability should take note of FACTSET RESEARCH SYSTEMS. The company is relatively weak in asset investment, but has a high health score of 9/10, indicating that it is capable of paying off debt and funding future operations. The company’s strong financials make it an attractive investment opportunity for growth-oriented investors. More…

Peers

Its main competitors are London Stock Exchange Group PLC, QuoteMedia Inc, and Euromoney Institutional Investor PLC. All three companies are major players in the financial data and analytics industry, with FactSet holding a slight edge in terms of market share.

– London Stock Exchange Group PLC ($LSE:LSEG)

London Stock Exchange Group PLC has a market cap of 40.89B as of 2022, a Return on Equity of 3.86%. The company operates a number of stock exchanges in the United Kingdom, including the London Stock Exchange, which is the largest stock exchange in Europe. In addition to stock exchanges, the company also provides trading, clearing, and settlement services for a variety of financial instruments.

– QuoteMedia Inc ($OTCPK:QMCI)

QuoteMedia, Inc. provides digital financial content and technology solutions for the financial services industry in North America and internationally. It operates in two segments, Content and Enterprise. The Content segment offers real-time stock market quotes, news, charts, and research data through its Quotestream product suite to retail and institutional investors, media, and individual investors; and web-based solutions and data products, including Stockhouse.com, an online investment community for Canadian investors. This segment also provides premium subscription-based data products, such as Portfolio123 and MarketQA, as well as content licensing services. The Enterprise segment offers data products and services to broker-dealers, investment advisors, and other financial institutions. This segment provides technology solutions to power trading platforms, client portals, and other Web-based applications; and data integration solutions that enable the distribution of real-time content on desktop applications, mobile devices, and third-party Web sites. The company was founded in 1999 and is headquartered in Montreal, Canada.

– Euromoney Institutional Investor PLC ($LSE:ERM)

Euromoney Institutional Investor PLC is a provider of business information and research for the global financial markets. The company has a market capitalization of 1.58 billion as of 2022 and a return on equity of 2.93%. The company’s products and services include news, analysis, and research on the global financial markets, as well as data and intelligence on companies, industries, and economies. Euromoney Institutional Investor PLC is headquartered in London, the United Kingdom.

Summary

FactSet Research Systems is a financial services software-as-a-service (SaaS) company that provides financial data and analytics for investment professionals. FactSet’s products and services enable users to analyze financial market data, compare investment opportunities, and conduct research and analysis more efficiently. It offers product solutions for portfolio management, risk management, and analytics, as well as market data and content solutions including securities pricing, estimates, corporate actions data, and more. The company has strong fundamentals and an established customer base, making it a good long-term buy for investors.