S&P 500 Looks Undervalued in Here

S&P 500 Looks Undervalued in Here

S&P 500 Looks Undervalued in Here $SPY According to FactSet, the 5-year average for the forward 12-month P/E multiple for the S&P 500 is 16.3.  Today, the forward 12-month P/E multiple is 15.9 Vs 16.8 at the start of Q-4. On the surface, the S&P 500 appears to be undervalued. Why, then, hasn’t there been […]

FactSet Earnings Report Ahead Of Zacks Consensus Estimate

FactSet Earnings Report Ahead Of Zacks Consensus Estimate

FactSet Research Systems Inc.  FDS reported mixed results for third-quarter fiscal 2017. Adjusted earnings came ahead of the Zacks Consensus Estimate, while revenues missed the same. The company reported adjusted earnings per share of $1.85, which surpassed the Zacks Consensus Estimate by a penny. The figure was toward the higher end of the guided range of […]