Stephens Reaffirms “Hold” Rating for Fair Isaac (NYSE:FICO)

Fair Isaac (NYSE:FICO)‘s stock had its “hold” rating restated by equities researchers at Stephens in a report released on Thursday, January 25th. They presently have a $154.00 price target on the technology company’s stock. Stephens’ target price would suggest a potential downside of 3.65% from the stock’s previous close.

Several other research firms have also issued reports on FICO. Barclays restated a “hold” rating and issued a $150.00 price objective on shares of Fair Isaac in a research note on Friday, December 15th. Zacks Investment Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, BidaskClub upgraded Fair Isaac from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Fair Isaac has an average rating of “Buy” and an average price target of $173.00.

Fair Isaac (NYSE FICO) opened at $159.83 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $4,790.00, a PE ratio of 43.43, a PEG ratio of 3.64 and a beta of 1.30. Fair Isaac has a 52-week low of $124.11 and a 52-week high of $177.91.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, January 25th. The technology company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.59. The business had revenue of $235.30 million for the quarter, compared to analyst estimates of $235.04 million. Fair Isaac had a return on equity of 30.96% and a net margin of 12.41%. Fair Isaac’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.03 earnings per share. research analysts anticipate that Fair Isaac will post 4.34 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in the stock. GSA Capital Partners LLP acquired a new stake in shares of Fair Isaac in the 2nd quarter valued at about $208,000. California Public Employees Retirement System grew its stake in shares of Fair Isaac by 2.4% in the 2nd quarter. California Public Employees Retirement System now owns 97,800 shares of the technology company’s stock valued at $13,634,000 after buying an additional 2,300 shares during the period. Schwab Charles Investment Management Inc. grew its stake in shares of Fair Isaac by 0.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 249,287 shares of the technology company’s stock valued at $35,025,000 after buying an additional 827 shares during the period. Moody Aldrich Partners LLC grew its stake in shares of Fair Isaac by 12.7% in the 3rd quarter. Moody Aldrich Partners LLC now owns 8,932 shares of the technology company’s stock valued at $1,255,000 after buying an additional 1,007 shares during the period. Finally, State Street Corp grew its stake in shares of Fair Isaac by 3.7% in the 2nd quarter. State Street Corp now owns 1,030,356 shares of the technology company’s stock valued at $143,644,000 after buying an additional 37,156 shares during the period. 87.45% of the stock is owned by institutional investors and hedge funds.

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Fair Isaac Company Profile

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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