Fair Isaac Co. (NYSE:FICO) Receives Consensus Rating of "Moderate Buy" from Brokerages

Fair Isaac Co. (NYSE:FICO - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the thirteen research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $2,277.46.

A number of equities research analysts have recently weighed in on FICO shares. UBS Group dropped their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research report on Monday, January 27th. Wells Fargo & Company reduced their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Bank of America started coverage on Fair Isaac in a report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price target for the company. Raymond James raised their price objective on Fair Isaac from $2,030.00 to $2,230.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Finally, Jefferies Financial Group dropped their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th.

Fair Isaac Price Performance

NYSE FICO traded up $36.12 on Friday, reaching $2,096.98. The stock had a trading volume of 159,907 shares, compared to its average volume of 178,235. Fair Isaac has a 1-year low of $1,229.29 and a 1-year high of $2,402.52. The company has a market cap of $51.04 billion, a P/E ratio of 96.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40. The firm has a fifty day moving average of $1,865.79 and a two-hundred day moving average of $1,978.33.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, beating the consensus estimate of $7.33 by $0.48. The business had revenue of $498.74 million for the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Fair Isaac's revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the company posted $6.14 earnings per share. Research analysts predict that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Thomas A. Bowers sold 4,077 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the transaction, the executive vice president now owns 9,974 shares in the company, valued at $20,517,016.70. The trade was a 29.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 17,135 shares of company stock valued at $31,505,623 in the last three months. Insiders own 3.46% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FICO. Rakuten Securities Inc. boosted its holdings in shares of Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after buying an additional 8 shares in the last quarter. Pinnacle Holdings LLC bought a new position in Fair Isaac during the fourth quarter worth $26,000. N.E.W. Advisory Services LLC acquired a new stake in Fair Isaac in the first quarter worth $30,000. Meeder Asset Management Inc. increased its stake in Fair Isaac by 41.7% in the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company's stock valued at $31,000 after purchasing an additional 5 shares in the last quarter. Finally, Berbice Capital Management LLC acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $40,000. 85.75% of the stock is owned by institutional investors and hedge funds.

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.