Fair Isaac (NYSE:FICO) had its target price hoisted by Stephens from $336.00 to $352.00 in a research report report published on Tuesday, Stock Target Advisor reports. Stephens currently has an equal weight rating on the technology company’s stock.
Other research analysts have also issued reports about the stock. William Blair reissued an outperform rating on shares of Fair Isaac in a report on Tuesday. ValuEngine lowered shares of Fair Isaac from a buy rating to a hold rating in a report on Wednesday, October 2nd. Robert W. Baird started coverage on shares of Fair Isaac in a report on Monday, October 14th. They issued an outperform rating and a $352.00 target price for the company. Wells Fargo & Co raised their target price on shares of Fair Isaac from $310.00 to $415.00 and gave the company an outperform rating in a report on Thursday, August 1st. Finally, Zacks Investment Research lowered shares of Fair Isaac from a hold rating to a sell rating in a report on Tuesday, October 15th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Fair Isaac presently has an average rating of Buy and a consensus price target of $357.40.
FICO stock opened at $331.59 on Tuesday. The firm has a fifty day moving average price of $307.17 and a 200 day moving average price of $317.54. Fair Isaac has a fifty-two week low of $170.26 and a fifty-two week high of $373.24. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.95 and a current ratio of 0.93. The firm has a market cap of $9.58 billion, a PE ratio of 52.30 and a beta of 1.15.
Fair Isaac (NYSE:FICO) last posted its earnings results on Monday, November 4th. The technology company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.33. Fair Isaac had a net margin of 16.56% and a return on equity of 66.75%. The firm had revenue of $305.30 million during the quarter, compared to analyst estimates of $287.06 million. During the same period last year, the firm posted $1.34 earnings per share. Fair Isaac’s revenue for the quarter was up 19.0% compared to the same quarter last year. On average, equities analysts predict that Fair Isaac will post 6.75 EPS for the current year.
In other Fair Isaac news, insider Richard Deal sold 18,057 shares of Fair Isaac stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $350.79, for a total transaction of $6,334,215.03. Following the completion of the transaction, the insider now directly owns 56,051 shares of the company’s stock, valued at $19,662,130.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William J. Lansing sold 16,000 shares of Fair Isaac stock in a transaction on Monday, October 7th. The stock was sold at an average price of $310.22, for a total transaction of $4,963,520.00. Following the transaction, the chief executive officer now directly owns 282,557 shares of the company’s stock, valued at $87,654,832.54. The disclosure for this sale can be found here. Insiders have sold 109,642 shares of company stock valued at $37,758,966 over the last ninety days. 6.10% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Pathstone Family Office LLC purchased a new position in Fair Isaac during the second quarter worth $30,000. Harvest Fund Management Co. Ltd purchased a new position in Fair Isaac during the second quarter worth $41,000. Quest Capital Management Inc. ADV purchased a new position in Fair Isaac during the third quarter worth $54,000. Advisors Preferred LLC purchased a new position in Fair Isaac during the second quarter worth $71,000. Finally, Machina Capital S.A.S. purchased a new position in Fair Isaac during the second quarter worth $81,000. 82.09% of the stock is owned by institutional investors.
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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