Robert W. Baird Issues Pessimistic Forecast for Fair Isaac (NYSE:FICO) Stock Price

Fair Isaac (NYSE:FICO - Get Free Report) had its price objective reduced by research analysts at Robert W. Baird from $1,975.00 to $1,775.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a "neutral" rating on the technology company's stock. Robert W. Baird's price target suggests a potential downside of 4.52% from the stock's current price.

A number of other research firms have also weighed in on FICO. UBS Group cut their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research note on Monday, January 27th. The Goldman Sachs Group lifted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Wells Fargo & Company upped their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. Oppenheimer reduced their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Finally, Barclays upped their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,078.15.

Fair Isaac Trading Down 1.5 %

Shares of NYSE:FICO traded down $28.33 on Wednesday, hitting $1,858.97. 178,960 shares of the company were exchanged, compared to its average volume of 254,241. The firm has a market capitalization of $45.40 billion, a P/E ratio of 85.31, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39. Fair Isaac has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The stock's 50 day moving average price is $2,018.44 and its 200 day moving average price is $1,961.65.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. On average, equities analysts predict that Fair Isaac will post 23.91 EPS for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the firm's stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the completion of the sale, the director now directly owns 242 shares of the company's stock, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock valued at $31,258,963 over the last quarter. 3.46% of the stock is currently owned by insiders.

Institutional Trading of Fair Isaac

Hedge funds have recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in Fair Isaac during the third quarter worth $25,000. True Wealth Design LLC boosted its stake in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after buying an additional 18 shares during the period. Berbice Capital Management LLC purchased a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $40,000. OFI Invest Asset Management acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $42,000. Finally, Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares during the period. 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.