Equities research analysts expect Fair Isaac Co. (NYSE:FICO) to report sales of $244.21 million for the current quarter, Zacks reports. Two analysts have issued estimates for Fair Isaac’s earnings, with estimates ranging from $242.40 million to $246.02 million. Fair Isaac posted sales of $228.38 million during the same quarter last year, which suggests a positive year-over-year growth rate of 6.9%. The company is scheduled to issue its next earnings report on Thursday, April 26th.
On average, analysts expect that Fair Isaac will report full year sales of $244.21 million for the current fiscal year, with estimates ranging from $990.00 million to $996.32 million. For the next year, analysts forecast that the company will post sales of $1.05 billion per share, with estimates ranging from $1.05 billion to $1.06 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Fair Isaac.
Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.59. The company had revenue of $235.30 million for the quarter, compared to analysts’ expectations of $235.04 million. Fair Isaac had a net margin of 12.41% and a return on equity of 30.96%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm posted $1.03 earnings per share.
A number of equities analysts have recently weighed in on the stock. ValuEngine cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating and set a $203.00 price target on the stock in a research report on Tuesday, January 30th. Barclays lifted their price target on shares of Fair Isaac from $150.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Friday, January 26th. Finally, Stephens restated a “hold” rating and set a $154.00 price objective on shares of Fair Isaac in a report on Thursday, January 25th. Three equities 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. The stock has an average rating of “Buy” and a consensus price target of $173.00.
Shares of Fair Isaac (NYSE:FICO) traded down $0.56 during midday trading on Tuesday, hitting $170.74. 169,681 shares of the stock were exchanged, compared to its average volume of 174,432. The company has a market capitalization of $5,225.20, a PE ratio of 46.68, a price-to-earnings-growth ratio of 4.01 and a beta of 1.28. Fair Isaac has a 52 week low of $124.59 and a 52 week high of $179.58. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.20.
Several large investors have recently modified their holdings of the stock. Amundi Pioneer Asset Management Inc. bought a new position in shares of Fair Isaac in the fourth quarter valued at $103,000. We Are One Seven LLC purchased a new position in shares of Fair Isaac in the fourth quarter worth about $130,000. Schaper Benz & Wise Investment Counsel Inc. WI purchased a new position in shares of Fair Isaac in the fourth quarter worth about $212,000. Trexquant Investment LP purchased a new position in shares of Fair Isaac in the third quarter worth about $221,000. Finally, First Republic Investment Management Inc. purchased a new position in shares of Fair Isaac in the fourth quarter worth about $233,000. Institutional investors and hedge funds own 87.21% of the company’s stock.
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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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