Fair Isaac (FICO) to Release Earnings on Thursday

Fair Isaac (NYSE:FICO - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Fair Isaac to post earnings of $6.14 per share and revenue of $461,950.00 billion for the quarter.

Fair Isaac Stock Down 2.9 %

Shares of FICO traded down $58.77 during trading hours on Thursday, hitting $1,971.70. The company had a trading volume of 197,817 shares, compared to its average volume of 161,622. The firm has a market cap of $48.01 billion, a P/E ratio of 96.42, a P/E/G ratio of 3.55 and a beta of 1.40. The stock's 50 day moving average price is $2,174.74 and its 200 day moving average price is $1,926.32. Fair Isaac has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Insider Buying and Selling

In related news, CFO Steven P. Weber sold 139 shares of the firm's stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the transaction, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares of the company's stock, valued at $107,760,920.75. The trade was a 7.16 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on FICO shares. JPMorgan Chase & Co. started coverage on Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 target price on the stock. UBS Group started coverage on Fair Isaac in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 target price on the stock. Oppenheimer cut their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird raised their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and set a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of "Moderate Buy" and a consensus price target of $2,087.77.

About Fair Isaac

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.