Fair Isaac Corporation (NYSE:FICO) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Fair Isaac Corporation has received a consensus rating of "Moderate Buy" from fourteen analysts, with an average target price of $2,101.71.
• The company's stock recently closed at $1,499.95, down by 1.7%, with a twelve-month range fluctuating between $1,300.00 and $2,402.51.
• Fair Isaac reported a quarterly EPS of $8.57, exceeding estimates, while also announcing a $1.00 billion share repurchase program aimed at enhancing shareholder value.

Fair Isaac Corporation (NYSE:FICO - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fourteen ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $2,101.7143.

Several equities analysts have recently weighed in on the stock. UBS Group raised their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a "neutral" rating in a research note on Monday, September 15th. Raymond James Financial lowered their price target on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Oppenheimer cut their price target on shares of Fair Isaac from $2,300.00 to $1,953.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. BMO Capital Markets raised their price objective on Fair Isaac from $1,650.00 to $1,800.00 and gave the company an "outperform" rating in a report on Monday, August 18th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Fair Isaac in a report on Thursday, July 17th.

Fair Isaac Stock Down 1.7%

Fair Isaac stock opened at $1,499.95 on Wednesday. The company has a 50 day moving average of $1,465.10 and a 200-day moving average of $1,704.75. Fair Isaac has a twelve month low of $1,300.00 and a twelve month high of $2,402.51. The stock has a market capitalization of $36.00 billion, a PE ratio of 58.66, a price-to-earnings-growth ratio of 2.97 and a beta of 1.35.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 EPS for the quarter, topping analysts' consensus estimates of $7.75 by $0.82. The business had revenue of $536.42 million for the quarter, compared to analyst estimates of $520.40 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm's quarterly revenue was up 19.8% on a year-over-year basis. During the same period last year, the business posted $6.25 earnings per share. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. Equities analysts anticipate that Fair Isaac will post 24.15 EPS for the current fiscal year.

Fair Isaac announced that its Board of Directors has initiated a share repurchase program on Thursday, June 19th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 6,011 shares of the firm's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the transaction, the chief executive officer directly owned 42,138 shares of the company's stock, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 18,032 shares of company stock valued at $28,153,015. Corporate insiders own 3.46% of the company's stock.

Institutional Trading of Fair Isaac

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Fair Isaac by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 2,997,525 shares of the technology company's stock worth $5,479,356,000 after acquiring an additional 35,091 shares during the last quarter. State Street Corp increased its holdings in shares of Fair Isaac by 1.2% in the second quarter. State Street Corp now owns 1,083,410 shares of the technology company's stock valued at $1,980,430,000 after purchasing an additional 13,018 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Fair Isaac by 0.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 823,574 shares of the technology company's stock valued at $1,518,803,000 after purchasing an additional 3,677 shares during the period. Geode Capital Management LLC lifted its stake in shares of Fair Isaac by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 712,699 shares of the technology company's stock worth $1,299,727,000 after buying an additional 13,906 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Fair Isaac by 2.8% during the 2nd quarter. American Century Companies Inc. now owns 397,389 shares of the technology company's stock worth $726,411,000 after buying an additional 10,771 shares during the period. 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.

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