FactSet Research Systems Rises On Unusually High Volume (FDS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- FactSet Research Systems (NYSE: FDS) is trading at unusually high volume Monday with 803,210 shares changing hands. It is currently at two times its average daily volume and trading up $2.87 (+2.8%) at $103.75 as of 3:10 p.m. ET.

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FactSet Research Systems has a market cap of $4.49 billion and is part of the technology sector and computer software & services industry. Shares are up 14.6% year to date as of the close of trading on Friday.

FactSet Research Systems Inc. provides financial and economic information to investment community worldwide. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates FactSet Research Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full FactSet Research Systems Ratings Report.

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