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

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

A number of analysts have commented on FICO shares. Griffin Securities set a $1,800.00 price target on Fair Isaac in a research report on Monday, August 18th. Barclays increased their price objective on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Jefferies Financial Group lowered their target price on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Oppenheimer lowered shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th.

Fair Isaac Price Performance

FICO stock opened at $1,844.13 on Monday. The stock’s fifty day moving average price is $1,716.12 and its 200-day moving average price is $1,632.52. The company has a market cap of $43.72 billion, a P/E ratio of 69.46, a price-to-earnings-growth ratio of 2.05 and a beta of 1.29. Fair Isaac has a 1 year low of $1,300.00 and a 1 year high of $2,217.60.

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

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was 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 approximately $18,945,577.04. This represents a 18.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 8,411 shares of company stock valued at $13,985,026 in the last quarter. 3.46% of the stock is currently owned by insiders.

Institutional Trading of Fair Isaac

A number of large investors have recently made changes to their positions in the business. Artisan Partners Limited Partnership purchased a new stake in Fair Isaac during the 2nd quarter worth approximately $84,295,000. Brighton Jones LLC raised its holdings in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after buying an additional 302 shares during the last quarter. Andra AP fonden lifted its stake in shares of Fair Isaac by 51.1% during the second quarter. Andra AP fonden now owns 21,000 shares of the technology company’s stock worth $38,387,000 after buying an additional 7,100 shares during the period. West Family Investments Inc. purchased a new stake in shares of Fair Isaac during the second quarter valued at $510,000. Finally, Swiss National Bank increased its position in shares of Fair Isaac by 7.6% in the 2nd quarter. Swiss National Bank now owns 73,900 shares of the technology company’s stock valued at $135,086,000 after acquiring an additional 5,200 shares during the period. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.