Fair Isaac (FICO) Expected to Announce Earnings on Thursday

Fair Isaac (NYSE:FICO) is expected to post its quarterly earnings results 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.

Fair Isaac Price Performance

FICO stock opened at $2,025.12 on Thursday. Fair Isaac has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The business has a 50-day moving average price of $2,175.92 and a 200 day moving average price of $1,925.62. The company has a market capitalization of $49.31 billion, a P/E ratio of 99.03, a PEG ratio of 4.00 and a beta of 1.40.

Insider Transactions at Fair Isaac

In other news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the completion of the transaction, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,589 shares of company stock worth $31,258,963. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wells Fargo & Company boosted their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. The Goldman Sachs Group increased their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Robert W. Baird boosted their price target on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, 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 research report on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and an average price target of $2,087.77.

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.