Zacks: Analysts Anticipate Fair Isaac Co. (NYSE:FICO) to Post $1.36 EPS

Wall Street analysts expect that Fair Isaac Co. (NYSE:FICO) will post $1.36 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Fair Isaac’s earnings. Fair Isaac posted earnings per share of $1.37 in the same quarter last year, which would indicate a negative year over year growth rate of 0.7%. The business is expected to issue its next earnings report on Thursday, November 7th.

On average, analysts expect that Fair Isaac will report full year earnings of $5.90 per share for the current fiscal year. For the next fiscal year, analysts forecast that the company will report earnings of $6.75 per share. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Fair Isaac.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, July 31st. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $1.24. Fair Isaac had a return on equity of 63.47% and a net margin of 16.57%. The firm had revenue of $314.20 million for the quarter, compared to analyst estimates of $292.88 million. During the same period in the previous year, the firm earned $1.51 earnings per share. The company’s revenue was up 23.2% compared to the same quarter last year.

FICO has been the topic of a number of research reports. Zacks Investment Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 3rd. Wells Fargo & Co upped their target price on Fair Isaac from $310.00 to $415.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st.

FICO traded down $0.85 during trading on Friday, hitting $312.41. The company’s stock had a trading volume of 47,712 shares, compared to its average volume of 256,905. Fair Isaac has a twelve month low of $170.26 and a twelve month high of $373.24. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.25. The stock’s fifty day moving average price is $351.05 and its 200-day moving average price is $304.95. The firm has a market capitalization of $9.05 billion, a P/E ratio of 71.98 and a beta of 1.22.

In other Fair Isaac news, Director Braden R. Kelly sold 15,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $352.92, for a total value of $5,293,800.00. Following the completion of the transaction, the director now owns 17,287 shares in the company, valued at approximately $6,100,928.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William J. Lansing sold 16,000 shares of the company’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $329.04, for a total value of $5,264,640.00. Following the completion of the transaction, the insider now owns 282,557 shares of the company’s stock, valued at approximately $92,972,555.28. The disclosure for this sale can be found here. Insiders have sold 136,884 shares of company stock valued at $47,899,077 in the last quarter. 6.10% of the stock is currently owned by corporate insiders.

Several hedge funds have recently bought and sold shares of FICO. Geode Capital Management LLC raised its holdings in shares of Fair Isaac by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 294,328 shares of the technology company’s stock valued at $55,039,000 after buying an additional 19,598 shares in the last quarter. First Republic Investment Management Inc. grew its holdings in Fair Isaac by 6.8% during the first quarter. First Republic Investment Management Inc. now owns 1,830 shares of the technology company’s stock valued at $497,000 after purchasing an additional 117 shares during the period. Alps Advisors Inc. bought a new stake in Fair Isaac during the first quarter valued at about $426,000. Rhumbline Advisers grew its holdings in Fair Isaac by 0.7% during the first quarter. Rhumbline Advisers now owns 87,659 shares of the technology company’s stock valued at $23,811,000 after purchasing an additional 569 shares during the period. Finally, Crossmark Global Holdings Inc. grew its holdings in Fair Isaac by 16.0% during the first quarter. Crossmark Global Holdings Inc. now owns 3,721 shares of the technology company’s stock valued at $1,011,000 after purchasing an additional 513 shares during the period. Institutional investors own 82.90% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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