Fair Isaac Co. (NYSE:FICO) Given Average Rating of “Moderate Buy” by Brokerages

Fair Isaac Co. (NYSE:FICO) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $1,180.45.

Several analysts have weighed in on FICO shares. Raymond James boosted their target price on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Redburn Atlantic assumed coverage on Fair Isaac in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price for the company. Jefferies Financial Group boosted their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Barclays boosted their target price on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a report on Friday, January 26th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $1,350.00 price target on shares of Fair Isaac in a research report on Friday, January 26th.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $1,188.40 on Wednesday. Fair Isaac has a 52-week low of $708.00 and a 52-week high of $1,349.75. The stock has a market capitalization of $29.53 billion, a PE ratio of 66.43, a price-to-earnings-growth ratio of 2.50 and a beta of 1.21. The company has a 50-day simple moving average of $1,245.39 and a two-hundred day simple moving average of $1,147.01.

Fair Isaac (NYSE:FICO) last issued its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.11. The firm had revenue of $382.06 million during the quarter, compared to analyst estimates of $386.55 million. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. As a group, equities research analysts forecast that Fair Isaac will post 19.95 EPS for the current fiscal year.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the completion of the transaction, the chief executive officer now owns 12,638 shares in the company, valued at approximately $14,414,270.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 24,000 shares of company stock worth $29,011,120. 3.54% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Fair Isaac

Large investors have recently modified their holdings of the stock. McGlone Suttner Wealth Management Inc. acquired a new stake in Fair Isaac in the 4th quarter valued at about $35,000. DSM Capital Partners LLC acquired a new position in Fair Isaac during the fourth quarter valued at $37,000. ZRC Wealth Management LLC acquired a new stake in shares of Fair Isaac during the first quarter worth approximately $47,000. First Horizon Advisors Inc. grew its holdings in shares of Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after acquiring an additional 9 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new position in shares of Fair Isaac during the 4th quarter worth $50,000. Institutional investors own 85.75% of the company’s stock.

About Fair Isaac

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.