FactSet Research Systems Inc. FDS
Verdict: Sell. Fair value $302 against a price of $294 on 12 Jan 2026, 3% above the price.
In plain words
The case for: Narrow competitive moat provides durability. Industry tailwinds with growing market. Strong and sustainable dividend payout.
The case against: Intense competitive pressure could compress margins. Receivables grew 18.7% (from $228.1M to $270.7M) while Revenue only grew 5.4% (from $2.20B to.... Days Sales Outstanding increased from 37.8 days in 2024 to 42.5 days in 2025, indicating slower....
Main risks
- Revenue growth deceleration (5.4% vs 8.0% 3Y CAGR)
- Mediocre earnings beat rate (50%) suggests forecasting challenges
- Valuation premium relative to slowing growth rate
- Receivables grew 18.7% (from $228.1M to $270.7M) while Revenue only grew 5.4% (from $2.20B to...
- Days Sales Outstanding increased from 37.8 days in 2024 to 42.5 days in 2025, indicating slower...
- Intense competitive environment