Fair Isaac (NYSE:FICO) Issues FY 2025 Earnings Guidance

Fair Isaac (NYSE:FICO) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 28.580-28.580 for the period, compared to the consensus estimate of 29.750. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Fair Isaac also updated its FY25 guidance to $28.58 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on FICO shares. Robert W. Baird lifted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday. Barclays lifted their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday. The Goldman Sachs Group upped their target price on Fair Isaac from $2,130.00 to $2,374.00 and gave the company a “buy” rating in a research report on Thursday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a report on Thursday. Finally, UBS Group started coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,964.92.

Fair Isaac Stock Up 7.2 %

FICO stock traded up $156.19 during midday trading on Friday, reaching $2,332.29. 275,985 shares of the company’s stock traded hands, compared to its average volume of 154,391. Fair Isaac has a 52 week low of $900.01 and a 52 week high of $2,351.98. The company has a market cap of $56.79 billion, a price-to-earnings ratio of 114.05, a P/E/G ratio of 3.87 and a beta of 1.35. The firm’s fifty day moving average price is $1,947.74 and its 200-day moving average price is $1,641.34.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, November 6th. The technology company reported $5.34 earnings per share for the quarter, missing analysts’ consensus estimates of $5.44 by ($0.10). The business had revenue of $453.81 million during the quarter, compared to analyst estimates of $454.78 million. Fair Isaac had a negative return on equity of 63.35% and a net margin of 29.86%. Analysts forecast that Fair Isaac will post 24.74 earnings per share for the current year.

Fair Isaac declared that its Board of Directors has initiated a stock buyback plan on Tuesday, July 30th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In other news, Director Joanna Rees sold 3,961 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total value of $6,931,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, EVP Thomas A. Bowers sold 3,000 shares of Fair Isaac stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1,715.27, for a total transaction of $5,145,810.00. Following the sale, the executive vice president now directly owns 5,769 shares in the company, valued at approximately $9,895,392.63. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Joanna Rees sold 3,961 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total value of $6,931,750.00. The disclosure for this sale can be found here. 3.54% of the stock is currently owned by corporate insiders.

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.