Fair Isaac Corp. Price Target Increased to $65.00 by Analysts at Barclays (FICO)
Equities research analysts at Barclays increased their target price on shares of Fair Isaac Corp. (NASDAQ:FICO) from $60.00 to $65.00 in a research note issued to investors on Friday, American Banking News reports. The firm currently has an “equal weight” rating on the stock. Barclays’ target price points to a potential upside of 8.33% from the company’s current price.
Separately, analysts at Zacks upgraded shares of Fair Isaac Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $64.00 price target on the stock.
Shares of Fair Isaac Corp. (NASDAQ:FICO) traded down 0.02% during mid-day trading on Friday, hitting $59.99. 156,667 shares of the company’s stock traded hands. Fair Isaac Corp. has a 1-year low of $41.33 and a 1-year high of $63.48. The stock has a 50-day moving average of $60.08 and a 200-day moving average of $54.99. The company has a market cap of $2.074 billion and a P/E ratio of 24.19.
Fair Isaac Corp. (NASDAQ:FICO) last announced its earnings results on Wednesday, October 30th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.17. The company had revenue of $190.30 million for the quarter, compared to the consensus estimate of $207.30 million. During the same quarter last year, the company posted $0.69 earnings per share. Fair Isaac Corp.’s revenue was up 2.3% compared to the same quarter last year. On average, analysts predict that Fair Isaac Corp. will post $2.58 earnings per share 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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