Fair Isaac Co. (FICO) Expected to Post Earnings of $1.13 Per Share

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.

FICO has been the subject of several research analyst reports. BidaskClub raised Fair Isaac from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 target price for the company in a research note on Monday, October 16th. Finally, Barclays boosted their target price on Fair Isaac from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd.

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.

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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.

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