Fair Isaac Co. (NYSE:FICO) Receives Average Recommendation of “Moderate Buy” from Brokerages

Fair Isaac Co. (NYSE:FICO) has been given a consensus rating of “Moderate Buy” by the nine brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $1,180.45.

A number of brokerages have recently issued reports on FICO. Jefferies Financial Group increased their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Redburn Atlantic started coverage on Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target on the stock. Barclays upped their price objective on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Raymond James lifted their target price on Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a research note on Friday, January 26th.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $1,259.91, for a total transaction of $10,079,280.00. Following the completion of the sale, the chief executive officer now owns 28,638 shares of the company’s stock, valued at $36,081,302.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 24,000 shares of company stock worth $29,011,120 over the last quarter. Insiders own 3.54% of the company’s stock.

Institutional Investors Weigh In On Fair Isaac

Institutional investors have recently added to or reduced their stakes in the business. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Fair Isaac in the fourth quarter worth $35,000. DSM Capital Partners LLC acquired a new position in shares of Fair Isaac in the 4th quarter valued at $37,000. ZRC Wealth Management LLC acquired a new stake in Fair Isaac during the 1st quarter worth about $47,000. First Horizon Advisors Inc. grew its stake in Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after purchasing an additional 9 shares during the last quarter. Finally, GAMMA Investing LLC acquired a new position in shares of Fair Isaac in the fourth quarter valued at about $50,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Performance

NYSE FICO opened at $1,188.40 on Wednesday. The business’s fifty day moving average is $1,245.39 and its 200 day moving average is $1,147.01. Fair Isaac has a fifty-two week low of $708.00 and a fifty-two week high of $1,349.75. The company has a market capitalization of $29.53 billion, a PE ratio of 66.43, a price-to-earnings-growth ratio of 2.50 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, beating analysts’ consensus estimates of $3.76 by $0.11. The firm had revenue of $382.06 million for the quarter, compared to analysts’ expectations of $386.55 million. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. On average, sell-side analysts forecast that Fair Isaac will post 19.95 EPS for the current year.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.