Fair Isaac (FICO) to Release Quarterly Earnings on Thursday

Fair Isaac (NYSE:FICO) is projected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Fair Isaac to post earnings of $6.14 per share and revenue of $461,950.00 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Fair Isaac Trading Down 0.4 %

Shares of Fair Isaac stock opened at $1,893.85 on Wednesday. The company has a market capitalization of $46.11 billion, a PE ratio of 92.61, a PEG ratio of 3.50 and a beta of 1.40. Fair Isaac has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock’s fifty day simple moving average is $2,143.78 and its 200 day simple moving average is $1,940.06.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of research reports. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. Jefferies Financial Group raised their price objective on Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Robert W. Baird raised their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Needham & Company LLC raised their price objective on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, The Goldman Sachs Group raised their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

Insider Buying and Selling at Fair Isaac

In other news, Director Marc F. Mcmorris sold 520 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the completion of the transaction, the director now directly owns 242 shares in the company, valued at approximately $520,921.94. This represents a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,589 shares of company stock worth $31,258,963 over the last three months. Corporate insiders own 3.54% 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.