Fair Isaac Corporation (NYSE:FICO) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Fair Isaac Corporation (NYSE:FICO) have earned a consensus recommendation of “Moderate Buy” from the sixteen research firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $2,076.7692.

FICO has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Jefferies Financial Group decreased their target price on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Wells Fargo & Company lifted their price target on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 15th. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,950.00 price objective on shares of Fair Isaac in a research report on Thursday, October 2nd.

Insider Buying and Selling

In other news, Director Eva Manolis sold 521 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the transaction, the director owned 344 shares of the company’s stock, valued at $628,085.52. This represents a 60.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven P. Weber sold 1,426 shares of Fair Isaac stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the completion of the sale, the chief financial officer owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. The trade was a 33.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 10,358 shares of company stock worth $17,517,343 in the last quarter. Insiders own 3.46% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FICO. Brighton Jones LLC lifted its holdings in Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares during the period. Horizon Investments LLC raised its position in shares of Fair Isaac by 5.1% during the 1st quarter. Horizon Investments LLC now owns 350 shares of the technology company’s stock valued at $645,000 after acquiring an additional 17 shares during the last quarter. Aberdeen Group plc lifted its stake in shares of Fair Isaac by 102.0% in the 1st quarter. Aberdeen Group plc now owns 13,189 shares of the technology company’s stock valued at $23,930,000 after purchasing an additional 6,660 shares during the period. Cresset Asset Management LLC boosted its position in shares of Fair Isaac by 6.6% in the 1st quarter. Cresset Asset Management LLC now owns 1,210 shares of the technology company’s stock worth $2,231,000 after purchasing an additional 75 shares during the last quarter. Finally, George Kaiser Family Foundation bought a new position in shares of Fair Isaac in the 1st quarter worth $275,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,747.90 on Monday. The firm has a market capitalization of $41.44 billion, a P/E ratio of 65.83, a P/E/G ratio of 1.94 and a beta of 1.29. The stock has a fifty day moving average price of $1,717.38 and a two-hundred day moving average price of $1,633.90. Fair Isaac has a 52-week low of $1,300.00 and a 52-week high of $2,217.60.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, October 30th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.36 by $0.38. The firm had revenue of $515.75 million during the quarter, compared to the consensus estimate of $512.38 million. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the firm posted $6.54 EPS. On average, equities research analysts predict that Fair Isaac will post 24.15 EPS for the current fiscal year.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.