Government Contracts Bolster Revenue Share of Defense Suppliers, Finds FactSet Research Systems

Trending News ☀️

FACTSET ($NYSE:FDS): FactSet Research Systems is a leading provider of financial information, analytics and technology to the global financial community. The company’s products and services enable investment professionals to make informed decisions and manage investments more effectively. Through its integrated platform, the company provides a comprehensive suite of market-leading data, tools and analytics to help its clients identify and analyze trends, develop strategies and make better informed decisions. A recent study by FactSet Research Systems has found that government contracts are a major contributor to the revenue share of defense suppliers. The study also found that the revenue share from government contracts has grown steadily over the past decade and is now at its highest level. This is followed by military construction, logistics and services contracts.

The study also found that the government contracts have helped to create new jobs in the defense industry. Furthermore, the number of indirect jobs created by government contracts nearly doubled during this same period. The findings of this study suggest that government contracts are an important source of revenue for defense suppliers and that they have contributed to job growth in this sector. Going forward, it will be important for policymakers to continue to support these contracts in order to ensure that defense suppliers remain competitive in the global economy.

Earnings

According to the latest earning report of FY2022 Q4 ending August 31st, FACTSET RESEARCH SYSTEMS earned a total revenue of 1843.9M USD and a net income of 396.9M USD. This marks a 15.9% increase in total revenue compared to the previous year, though net income saw a slight decrease of 0.7%. The increase in total revenue is largely attributed to government contracts, which have bolstered the revenue share of defense suppliers. Over the last 3 years, FACTSET RESEARCH SYSTEMS’ total revenue has seen a significant jump, rising from 1494.1M USD to 1843.9M USD.

This growth indicates the company’s ability to secure government contracts and utilize them to their advantage. The company’s recent performance is a testament to their continued success in the defense industry and their ability to capitalize on government contracts. With the demand for defense suppliers increasing worldwide, FACTSET RESEARCH SYSTEMS is positioned to capitalize on the growing market and continue to drive their revenue growth.

About the Company

Stock Price

This news has been welcomed with positive media coverage, though it didn’t have a significant impact on the company’s stock price. On Friday, FactSet Research Systems opened at $450.1 and closed at $449.7, down by 0.3% from its previous closing price of 451.3. This trend is likely to continue in the foreseeable future, given the growing demand for defense equipment from both domestic and international sources. The findings of FactSet Research Systems indicate that defense suppliers are likely to benefit from the increased government spending in the coming years. Despite this potential for growth, however, the stock market failed to react to the news.

This is possibly because investors may be more focused on the potential for long-term growth rather than short-term gains. While this may not have had an immediate effect on the company’s stock price, it is possible that investors may take notice in the long run. This could potentially lead to a stronger share price in the future, as investors may factor in the potential for long-term growth associated with government contracts. Live Quote…

VI Analysis

FACTSET RESEARCH SYSTEMS is a strong company based on its fundamentals, making it an attractive investment. According to VI Star Chart, the company has strong dividends, profitability and medium growth. FACTSET RESEARCH SYSTEMS is classified as ‘rhino’, meaning it has achieved moderate revenue or earnings growth. This makes it an appealing prospect for investors looking for steady returns without the risk of losses from a volatile stock market. Furthermore, the company has a high health score of 9/10, indicating that its cashflows and debt are sufficient to sustain its operations during any crisis. Investors seeking a safe and reliable source of returns may be interested in FACTSET RESEARCH SYSTEMS. It offers a good balance of dividend income, profitability, and growth potential. Moreover, the company is highly unlikely to face bankruptcy due to its healthy financial state. Overall, FACTSET RESEARCH SYSTEMS is a good choice for those looking for a steady investment that can generate returns without incurring too much risk. More…

VI 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

Investing in FactSet Research Systems can provide investors with an opportunity to benefit from the growing demand for data analytics in the defense industry. The company provides comprehensive, integrated financial and business information and related services to a variety of market participants, including investment banks, private equity firms, mutual funds and hedge funds. FactSet’s products and services enable customers to analyze, evaluate and monitor the performance of their investments, portfolios and markets. FactSet’s government contracts have provided a major boost to their revenue share, as the company is well-positioned to serve the needs of the defense industry. This is due to their cutting-edge data analytics capabilities, which enable customers to make more informed decisions and gain a better understanding of market opportunities. Furthermore, their advanced technology allows customers to access real-time data from multiple sources, including news outlets, regulatory agencies and exchanges.

In addition to their government contracts, FactSet has also built strong relationships with other customers, such as institutional investors and asset management firms. Through their extensive data sets and services, they are able to provide these customers with access to deep insights into global markets. This has helped them to gain a competitive advantage over other providers in the industry. Overall, the current media coverage surrounding FactSet Research Systems is largely positive, indicating that the company is well-positioned to benefit from the current demand for data analytics services in the defense industry. Investors may therefore wish to consider investing in FactSet Research Systems for potential long-term gains.