Fair Isaac Co. (NYSE:FICO) Receives Average Recommendation of "Moderate Buy" from Analysts

Fair Isaac Co. (NYSE:FICO - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the fourteen analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $2,131.86.

FICO has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Friday. Bank of America began coverage on shares of Fair Isaac in a report on Thursday. They set a "buy" rating and a $2,800.00 price target on the stock. Barclays decreased their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Finally, Jefferies Financial Group reduced their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th.

Fair Isaac Stock Performance

Shares of Fair Isaac stock traded up $44.70 during trading hours on Wednesday, reaching $1,894.76. The company's stock had a trading volume of 230,904 shares, compared to its average volume of 181,029. The stock's fifty day simple moving average is $1,814.70 and its two-hundred day simple moving average is $1,982.11. The company has a market capitalization of $46.27 billion, a P/E ratio of 86.96, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac has a one year low of $1,105.65 and a one year high of $2,402.52.

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Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, research analysts forecast that Fair Isaac will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 13,058 shares of company stock worth $23,119,030 over the last quarter. 3.46% of the stock is currently owned by company insiders.

Institutional Trading of Fair Isaac

A number of institutional investors have recently added to or reduced their stakes in FICO. Vanguard Group Inc. lifted its holdings in shares of Fair Isaac by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock worth $5,781,051,000 after buying an additional 22,178 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Fair Isaac by 0.8% during the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock worth $1,351,073,000 after acquiring an additional 5,371 shares during the period. Geode Capital Management LLC lifted its stake in Fair Isaac by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock worth $1,318,630,000 after purchasing an additional 17,656 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Fair Isaac by 286,768.9% during the 1st quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company's stock valued at $476,129,000 after purchasing an additional 258,092 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.