Brokerages expect Fair Isaac Co. (NYSE:FICO) to post $1.13 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Fair Isaac’s earnings. The lowest EPS estimate is $1.12 and the highest is $1.14. Fair Isaac posted earnings of $1.16 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 2.6%. The company is expected to announce its next earnings results on Tuesday, January 30th.
On average, analysts expect that Fair Isaac will report full-year earnings of $5.42 per share for the current financial year, with EPS estimates ranging from $5.32 to $5.49. For the next year, analysts forecast that the company will report earnings of $6.57 per share, with EPS estimates ranging from $6.37 to $6.79. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Fair Isaac.
Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, November 1st. The technology company reported $1.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.17 by $0.48. The firm had revenue of $253.21 million during the quarter, compared to the consensus estimate of $249.11 million. Fair Isaac had a return on equity of 30.03% and a net margin of 13.76%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.28 earnings per share.
In other news, Director Joanna Rees purchased 3,000 shares of Fair Isaac stock in a transaction dated Thursday, November 9th. The shares were bought at an average cost of $152.00 per share, for a total transaction of $456,000.00. Following the completion of the acquisition, the director now owns 4,989 shares in the company, valued at approximately $758,328. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director A George Battle sold 5,000 shares of the business’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $150.46, for a total value of $752,300.00. Following the sale, the director now owns 21,259 shares in the company, valued at $3,198,629.14. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.
Several large investors have recently added to or reduced their stakes in FICO. Riverhead Capital Management LLC grew its holdings in shares of Fair Isaac by 76.5% during the second quarter. Riverhead Capital Management LLC now owns 1,765 shares of the technology company’s stock worth $246,000 after purchasing an additional 765 shares during the last quarter. Teachers Advisors LLC boosted its holdings in Fair Isaac by 202.0% in the second quarter. Teachers Advisors LLC now owns 170,312 shares of the technology company’s stock valued at $23,743,000 after acquiring an additional 113,925 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in Fair Isaac by 3.0% in the second quarter. TIAA CREF Investment Management LLC now owns 127,520 shares of the technology company’s stock valued at $17,778,000 after acquiring an additional 3,733 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Fair Isaac by 2.0% in the second quarter. Ameriprise Financial Inc. now owns 156,060 shares of the technology company’s stock valued at $21,757,000 after acquiring an additional 3,023 shares during the last quarter. Finally, Amalgamated Bank boosted its holdings in Fair Isaac by 4.5% in the second quarter. Amalgamated Bank now owns 4,448 shares of the technology company’s stock valued at $620,000 after acquiring an additional 191 shares during the last quarter. Institutional investors own 88.20% of the company’s stock.
Shares of Fair Isaac (FICO) traded up $2.25 during midday trading on Friday, reaching $163.45. The company’s stock had a trading volume of 195,303 shares, compared to its average volume of 142,954. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market capitalization of $4,868.01, a P/E ratio of 41.17, a price-to-earnings-growth ratio of 4.40 and a beta of 1.26. Fair Isaac has a 12-month low of $119.54 and a 12-month high of $164.76.
ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/01/19/fair-isaac-co-fico-expected-to-post-earnings-of-1-13-per-share.html.
About Fair Isaac
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.