Fair Isaac Co. (NYSE:FICO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Fair Isaac Co. (NYSE:FICO) have received a consensus recommendation of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $2,088.15.

Several research firms recently commented on FICO. UBS Group dropped their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Jefferies Financial Group dropped their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. Robert W. Baird dropped their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Finally, Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th.

Insider Activity

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,241 shares of company stock valued at $18,186,184. Corporate insiders own 3.46% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

Large investors have recently bought and sold shares of the business. Rakuten Securities Inc. raised its stake in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after buying an additional 8 shares in the last quarter. Pinnacle Holdings LLC purchased a new position in Fair Isaac in the fourth quarter worth $26,000. True Wealth Design LLC grew its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares during the last quarter. Berbice Capital Management LLC purchased a new position in Fair Isaac in the fourth quarter worth $40,000. Finally, Avalon Trust Co purchased a new position in Fair Isaac in the fourth quarter worth $40,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 3.4 %

Shares of Fair Isaac stock opened at $1,874.47 on Friday. The firm has a market cap of $45.77 billion, a price-to-earnings ratio of 86.02, a PEG ratio of 3.27 and a beta of 1.41. The business has a 50-day moving average price of $1,838.54 and a 200-day moving average price of $1,984.52. Fair Isaac has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, equities analysts expect that Fair Isaac will post 24.15 EPS for the current fiscal year.

Fair Isaac Company Profile

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.