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Norwalk, Connecticut-based FactSet Research Systems Inc. (FDS) is a global financial digital platform and enterprise solutions provider. Valued at a market cap of $17.6 billion, the company provides workstations, portfolio analytics, and enterprise data solutions, as well as managed services for supporting data, performance, risk, and reporting workflows.
Shares of FDS have underperformed the broader market over the past 52 weeks. FDS has risen 6.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.6%. Moreover, shares of FDS are down 3.6% on a YTD basis, compared to SPX’s marginal return.