Fair Isaac Corp. Lowered to Underperform at Zacks (FICO)
Fair Isaac Corp. (NASDAQ:FICO) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Wednesday, AnalystRatings.NET reports. They currently have a $52.50 target price on the stock. Zacks‘ target price would suggest a potential downside of 3.67% from the stock’s previous close.
Shares of Fair Isaac Corp. (NASDAQ:FICO) traded up 1.10% during mid-day trading on Wednesday, hitting $55.10. The stock had a trading volume of 96,854 shares. Fair Isaac Corp. has a one year low of $40.47 and a one year high of $57.58. The stock’s 50-day moving average is $53. and its 200-day moving average is $49.37. The company has a market cap of $1.940 billion and a price-to-earnings ratio of 23.81.
Fair Isaac Corp. (NASDAQ:FICO) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.07. The company had revenue of $183.80 million for the quarter, compared to the consensus estimate of $184.28 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. Analysts expect that Fair Isaac Corp. will post $2.76 EPS for the current fiscal year.
Fair Isaac Corporation (NASDAQ:FICO) provides products and services that enable businesses to automate, improve and connect decisions to enhance business performance.
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