Fair Isaac (NYSE:FICO) Announces Quarterly Earnings Results

Fair Isaac (NYSE:FICO) released its quarterly earnings data on Tuesday. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate of $6.21 by ($2.06), Zacks reports. Fair Isaac had a net margin of 29.86% and a negative return on equity of 59.47%.

Fair Isaac Trading Down 1.0 %

NYSE:FICO traded down $18.09 during trading hours on Tuesday, hitting $1,809.87. 238,929 shares of the stock were exchanged, compared to its average volume of 224,691. The company has a market cap of $44.23 billion, a P/E ratio of 88.50, a P/E/G ratio of 3.45 and a beta of 1.39. The firm’s fifty day moving average price is $2,060.00 and its 200 day moving average price is $1,957.54. Fair Isaac has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the transaction, the director now owns 92 shares in the company, valued at approximately $215,146.60. This represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock valued at $31,258,963 over the last ninety days. Insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. The Goldman Sachs Group lifted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 target price on shares of Fair Isaac in a report on Thursday, November 7th. Needham & Company LLC increased their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barclays lifted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,087.77.

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.