Wall Street analysts expect that Fair Isaac Co. (NYSE:FICO) will announce $1.39 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Fair Isaac’s earnings. The highest EPS estimate is $1.42 and the lowest is $1.36. Fair Isaac reported earnings per share of $1.05 during the same quarter last year, which would indicate a positive year over year growth rate of 32.4%. The company is scheduled to issue its next quarterly earnings report on Thursday, April 26th.
On average, analysts expect that Fair Isaac will report full-year earnings of $5.89 per share for the current fiscal year, with EPS estimates ranging from $5.46 to $6.11. For the next fiscal year, analysts forecast that the firm will report earnings of $6.87 per share, with EPS estimates ranging from $6.42 to $7.25. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Fair Isaac.
Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, January 25th. The technology company reported $1.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.59. Fair Isaac had a return on equity of 30.96% and a net margin of 12.41%. The firm had revenue of $235.30 million for the quarter, compared to analysts’ expectations of $235.04 million. During the same quarter in the prior year, the firm posted $1.03 earnings per share. Fair Isaac’s revenue for the quarter was up 7.1% compared to the same quarter last year.
Several analysts have issued reports on FICO shares. Barclays upped their price objective on Fair Isaac from $135.00 to $140.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. BidaskClub upgraded Fair Isaac from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Zacks Investment Research upgraded Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 price target on the stock in a research report on Monday, October 16th. Finally, Stephens reiterated a “hold” rating and set a $154.00 price target on shares of Fair Isaac in a research report on Thursday, January 25th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Fair Isaac has an average rating of “Buy” and an average target price of $173.00.
Shares of Fair Isaac (FICO) traded down $1.17 during midday trading on Monday, reaching $162.02. The company’s stock had a trading volume of 1,096 shares, compared to its average volume of 165,378. Fair Isaac has a 12-month low of $123.15 and a 12-month high of $177.91. The firm has a market capitalization of $4,946.12, a PE ratio of 44.47, a P/E/G ratio of 3.79 and a beta of 1.30. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.85 and a quick ratio of 0.85.
Several institutional investors have recently made changes to their positions in the company. New Mexico Educational Retirement Board acquired a new stake in Fair Isaac in the 4th quarter valued at approximately $1,164,000. Swiss National Bank increased its position in Fair Isaac by 1.0% in the 4th quarter. Swiss National Bank now owns 52,200 shares of the technology company’s stock valued at $7,997,000 after acquiring an additional 500 shares during the period. California Public Employees Retirement System increased its position in Fair Isaac by 2.3% in the 4th quarter. California Public Employees Retirement System now owns 104,053 shares of the technology company’s stock valued at $15,941,000 after acquiring an additional 2,334 shares during the period. Teacher Retirement System of Texas increased its position in Fair Isaac by 53.9% in the 4th quarter. Teacher Retirement System of Texas now owns 10,441 shares of the technology company’s stock valued at $1,600,000 after acquiring an additional 3,658 shares during the period. Finally, ING Groep NV increased its position in Fair Isaac by 20.6% in the 4th quarter. ING Groep NV now owns 4,525 shares of the technology company’s stock valued at $693,000 after acquiring an additional 774 shares during the period. Institutional investors and hedge funds own 88.03% of the company’s stock.
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About Fair Isaac
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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