Zacks: Analysts Anticipate FICO (FICO) to Post $1.39 EPS

Wall Street analysts expect FICO (NYSE:FICO) to report earnings per share of $1.39 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for FICO’s earnings, with the highest EPS estimate coming in at $1.42 and the lowest estimate coming in at $1.36. FICO reported earnings of $1.05 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 32.4%. The business is expected to announce its next earnings results after the market closes on Thursday, April 26th.

On average, analysts expect that FICO will report full-year earnings of $6.12 per share for the current year, with EPS estimates ranging from $6.09 to $6.16. For the next financial year, analysts expect that the business will report earnings of $7.11 per share, with EPS estimates ranging from $6.93 to $7.25. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow FICO.

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FICO (NYSE:FICO) last released its quarterly earnings results on Thursday, January 25th. The technology company reported $1.30 EPS for the quarter, topping the consensus estimate of $0.71 by $0.59. The firm had revenue of $235.30 million for the quarter, compared to analyst estimates of $235.04 million. FICO had a return on equity of 30.96% and a net margin of 12.41%. FICO’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.03 EPS.

FICO has been the topic of a number of recent analyst reports. ValuEngine lowered FICO from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised FICO from a “hold” rating to a “strong-buy” rating and set a $203.00 target price on the stock in a research report on Tuesday, January 30th. Barclays upped their target price on FICO from $150.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday, January 26th. Finally, Stephens reaffirmed a “hold” rating and issued a $154.00 target price on shares of FICO in a research report on Thursday, January 25th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $173.00.

Hedge funds and other institutional investors have recently modified their holdings of the company. Deutsche Bank AG increased its holdings in shares of FICO by 56.3% in the 4th quarter. Deutsche Bank AG now owns 185,937 shares of the technology company’s stock valued at $28,483,000 after acquiring an additional 66,998 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of FICO by 6.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 71,093 shares of the technology company’s stock valued at $10,892,000 after acquiring an additional 4,364 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of FICO by 4.0% in the 3rd quarter. California Public Employees Retirement System now owns 101,719 shares of the technology company’s stock valued at $14,292,000 after acquiring an additional 3,919 shares during the last quarter. New Mexico Educational Retirement Board bought a new stake in shares of FICO in the 4th quarter valued at approximately $1,164,000. Finally, Mackenzie Financial Corp bought a new stake in shares of FICO in the 4th quarter valued at approximately $1,471,000. Institutional investors and hedge funds own 87.18% of the company’s stock.

FICO stock opened at $171.00 on Friday. The company has a market cap of $5,076.64, a P/E ratio of 41.78, a P/E/G ratio of 3.89 and a beta of 1.28. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.20. FICO has a one year low of $125.88 and a one year high of $179.58.

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About FICO

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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