Fair Isaac Corporation (NYSE:FICO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Fair Isaac Corporation (NYSE:FICO) have received an average recommendation of “Moderate Buy” from the sixteen analysts that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $2,076.7692.

FICO has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price objective on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. JPMorgan Chase & Co. lifted their target price on Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Seaport Res Ptn upgraded Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Robert W. Baird lifted their price objective on Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,586.20 on Friday. The firm has a market capitalization of $37.61 billion, a PE ratio of 59.74, a price-to-earnings-growth ratio of 1.75 and a beta of 1.30. Fair Isaac has a one year low of $1,300.00 and a one year high of $2,217.60. The stock’s 50 day moving average price is $1,735.86 and its 200 day moving average price is $1,627.02.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The company had revenue of $515.75 million for the quarter, compared to analyst estimates of $512.38 million. During the same quarter last year, the firm posted $6.54 earnings per share. The business’s quarterly revenue was up 13.6% on a year-over-year basis. On average, analysts forecast that Fair Isaac will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total transaction of $4,158,912.00. Following the completion of the transaction, the chief executive officer directly owned 10,933 shares of the company’s stock, valued at $18,945,577.04. This trade represents a 18.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eva Manolis sold 521 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. The trade was a 60.23% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 10,358 shares of company stock worth $17,517,343. Insiders own 3.46% of the company’s stock.

Institutional Investors Weigh In On Fair Isaac

A number of institutional investors have recently modified their holdings of the business. Westside Investment Management Inc. bought a new position in Fair Isaac in the second quarter worth about $26,000. ORG Partners LLC bought a new position in shares of Fair Isaac during the second quarter valued at approximately $27,000. Hilltop National Bank acquired a new stake in shares of Fair Isaac during the 2nd quarter worth approximately $27,000. Ransom Advisory Ltd bought a new stake in shares of Fair Isaac in the 3rd quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. boosted its position in Fair Isaac by 66.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after purchasing an additional 8 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.