Wall Street analysts expect that Fair Isaac Corporation (NYSE:FICO) will report $235.95 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Fair Isaac Corporation’s earnings, with the lowest sales estimate coming in at $235.20 million and the highest estimate coming in at $236.69 million. Fair Isaac Corporation reported sales of $219.60 million during the same quarter last year, which indicates a positive year-over-year growth rate of 7.4%. The business is scheduled to issue its next quarterly earnings report on Tuesday, January 30th.

On average, analysts expect that Fair Isaac Corporation will report full year sales of $235.95 million for the current fiscal year, with estimates ranging from $925.67 million to $935.00 million. For the next financial year, analysts forecast that the company will post sales of $993.65 million per share, with estimates ranging from $990.00 million to $997.30 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Fair Isaac Corporation.

Fair Isaac Corporation (NYSE:FICO) last announced its earnings results on Wednesday, November 1st. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.48. The company had revenue of $253.21 million for the quarter, compared to analysts’ expectations of $249.11 million. Fair Isaac Corporation had a net margin of 13.76% and a return on equity of 30.03%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.28 EPS.

Several brokerages have recently weighed in on FICO. BidaskClub cut shares of Fair Isaac Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research cut shares of Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Wells Fargo & Company boosted their price target on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research report on Tuesday, August 1st. Finally, Barclays PLC boosted their price target on shares of Fair Isaac Corporation from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Thursday, November 2nd.

In other Fair Isaac Corporation news, Director Joanna Rees purchased 3,000 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were bought at an average cost of $152.00 per share, for a total transaction of $456,000.00. Following the completion of the purchase, the director now directly owns 4,989 shares of the company’s stock, valued at $758,328. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director A George Battle sold 5,000 shares of the business’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $150.46, for a total transaction of $752,300.00. Following the sale, the director now owns 21,259 shares in the company, valued at $3,198,629.14. The disclosure for this sale can be found here. Insiders sold 15,000 shares of company stock worth $2,155,385 in the last ninety days. 5.60% of the stock is currently owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. YorkBridge Wealth Partners LLC purchased a new stake in shares of Fair Isaac Corporation during the second quarter worth approximately $138,000. Acrospire Investment Management LLC purchased a new stake in shares of Fair Isaac Corporation during the second quarter worth approximately $139,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Fair Isaac Corporation by 15.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,233 shares of the technology company’s stock worth $172,000 after buying an additional 161 shares during the period. Advisory Services Network LLC increased its stake in shares of Fair Isaac Corporation by 17.9% during the second quarter. Advisory Services Network LLC now owns 1,297 shares of the technology company’s stock worth $181,000 after buying an additional 197 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in shares of Fair Isaac Corporation during the second quarter worth approximately $208,000. Hedge funds and other institutional investors own 88.10% of the company’s stock.

Fair Isaac Corporation (NYSE:FICO) opened at $154.68 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.81 and a debt-to-equity ratio of 1.09. The firm has a market cap of $4,638.85, a PE ratio of 38.96, a PEG ratio of 4.20 and a beta of 1.26. Fair Isaac Corporation has a 1 year low of $110.18 and a 1 year high of $155.24.

Fair Isaac Corporation declared that its board has approved a share buyback plan on Wednesday, November 1st that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

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About Fair Isaac Corporation

Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.

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