Fair Isaac Corp. (FICO) Given Consensus Rating of “Hold” by Analysts
Shares of Fair Isaac Corp. (NYSE:FICO) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the firm. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $125.00.
A number of research firms have commented on FICO. Zacks Investment Research upgraded Fair Isaac Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 1st. Barclays PLC reiterated an “equal weight” rating and issued a $125.00 price target (down from $135.00) on shares of Fair Isaac Corp. in a research note on Tuesday, November 8th.
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Shares of Fair Isaac Corp. (NYSE:FICO) traded up 0.038% on Monday, hitting $117.335. The company had a trading volume of 72,679 shares. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 34.612 and a beta of 1.17. Fair Isaac Corp. has a 52 week low of $80.20 and a 52 week high of $132.95. The stock’s 50-day moving average is $118.05 and its 200 day moving average is $119.24.
Fair Isaac Corp. (NYSE:FICO) last issued its quarterly earnings data on Monday, November 7th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.07. Fair Isaac Corp. had a return on equity of 27.14% and a net margin of 12.42%. The firm earned $235.80 million during the quarter, compared to analysts’ expectations of $163.56 million. During the same period in the prior year, the business posted $1.57 EPS. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. Equities analysts expect that Fair Isaac Corp. will post $3.38 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Friday, December 2nd will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.07%. The ex-dividend date is Wednesday, November 30th. Fair Isaac Corp.’s payout ratio is 2.36%.
In related news, EVP Mark R. Scadina sold 18,750 shares of the firm’s stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $128.60, for a total transaction of $2,411,250.00. Following the sale, the executive vice president now directly owns 64,785 shares of the company’s stock, valued at $8,331,351. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, October 11th. The stock was sold at an average price of $119.85, for a total value of $3,595,500.00. Following the sale, the chief executive officer now directly owns 192,495 shares in the company, valued at $23,070,525.75. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.
Hedge funds have recently bought and sold shares of the company. Meeder Asset Management Inc. raised its stake in Fair Isaac Corp. by 1,102.5% in the third quarter. Meeder Asset Management Inc. now owns 962 shares of the company’s stock valued at $120,000 after buying an additional 882 shares during the period. Advisor Group Inc. raised its stake in Fair Isaac Corp. by 127.2% in the third quarter. Advisor Group Inc. now owns 1,061 shares of the company’s stock valued at $133,000 after buying an additional 594 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Fair Isaac Corp. by 12.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,072 shares of the company’s stock valued at $134,000 after buying an additional 119 shares during the period. Daiwa Securities Group Inc. bought a new stake in Fair Isaac Corp. during the second quarter valued at approximately $192,000. Finally, Cookson Peirce & Co. Inc. bought a new stake in Fair Isaac Corp. during the third quarter valued at approximately $206,000. 89.54% of the stock is currently owned by hedge funds and other institutional investors.
Fair Isaac Corp. Company Profile
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