Fair Isaac Co. (NYSE:FICO) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Fair Isaac Co. (NYSE:FICO) have been given an average rating of “Moderate Buy” by the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $2,088.15.

FICO has been the subject of several recent research reports. Robert W. Baird decreased their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. The Goldman Sachs Group increased their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Oppenheimer cut their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of Fair Isaac stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the transaction, the director now owns 242 shares in the company, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,761 shares of company stock valued at $19,305,521 in the last ninety days. Corporate insiders own 3.46% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after acquiring an additional 22,178 shares during the period. State Street Corp raised its stake in shares of Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after acquiring an additional 5,472 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Fair Isaac by 0.8% in the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock valued at $1,351,073,000 after acquiring an additional 5,371 shares during the period. Geode Capital Management LLC raised its stake in shares of Fair Isaac by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company’s stock valued at $1,318,630,000 after acquiring an additional 17,656 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after acquiring an additional 1,977 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Price Performance

NYSE FICO opened at $1,802.42 on Friday. Fair Isaac has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The company has a market capitalization of $44.01 billion, a PE ratio of 82.72, a P/E/G ratio of 3.27 and a beta of 1.41. The company has a fifty day moving average of $1,845.26 and a two-hundred day moving average of $1,980.10.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, research analysts expect that Fair Isaac will post 24.15 earnings per share for the current year.

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.