Fair Isaac Co. (NYSE:FICO) Receives Consensus Rating of “Moderate Buy” from Analysts

Fair Isaac Co. (NYSE:FICO) has been given an average recommendation of “Moderate Buy” by the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $2,277.46.

FICO has been the subject of several analyst reports. Oppenheimer cut their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. UBS Group reduced their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday. Jefferies Financial Group reduced their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Finally, Robert W. Baird raised their target price on Fair Isaac from $1,775.00 to $1,837.00 and gave the stock a “neutral” rating in a research note on Wednesday.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $2,050.09 on Friday. The stock has a market capitalization of $49.90 billion, a P/E ratio of 94.08, a PEG ratio of 3.27 and a beta of 1.40. The business has a 50 day simple moving average of $1,856.90 and a two-hundred day simple moving average of $1,977.39. Fair Isaac has a 12 month low of $1,204.03 and a 12 month high of $2,402.52.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, beating analysts’ consensus estimates of $7.33 by $0.48. The company had revenue of $498.74 million for the quarter, compared to analyst estimates of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last year, the firm posted $6.14 EPS. As a group, research analysts anticipate that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders sold 13,058 shares of company stock worth $23,119,030. Corporate insiders own 3.46% of the company’s stock.

Institutional Trading of Fair Isaac

Several hedge funds have recently added to or reduced their stakes in the company. Forum Financial Management LP grew its holdings in Fair Isaac by 2.2% during the 1st quarter. Forum Financial Management LP now owns 275 shares of the technology company’s stock worth $507,000 after acquiring an additional 6 shares in the last quarter. Mechanics Financial Corp purchased a new stake in shares of Fair Isaac during the 1st quarter worth $46,000. Larson Financial Group LLC grew its stake in shares of Fair Isaac by 38.8% during the first quarter. Larson Financial Group LLC now owns 315 shares of the technology company’s stock worth $581,000 after purchasing an additional 88 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in Fair Isaac by 2.9% in the first quarter. Wealthfront Advisers LLC now owns 2,933 shares of the technology company’s stock valued at $5,409,000 after buying an additional 84 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in Fair Isaac by 5.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 6,901 shares of the technology company’s stock valued at $12,726,000 after buying an additional 334 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

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.