Fair Isaac (FICO) Earns “Hold” Rating from Barclays

Barclays reiterated their hold rating on shares of Fair Isaac (NYSE:FICO) in a research note issued to investors on Friday morning. The brokerage currently has a $150.00 price objective on the technology company’s stock.

A number of other research analysts have also issued reports on FICO. BidaskClub lowered shares of Fair Isaac from a sell rating to a strong sell rating in a research note on Monday, September 18th. Zacks Investment Research upgraded shares of Fair Isaac from a hold rating to a buy rating and set a $164.00 price target on the stock in a research note on Monday, October 16th.

Fair Isaac (NYSE:FICO) opened at $157.70 on Friday. Fair Isaac has a one year low of $118.07 and a one year high of $159.00. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.09. The stock has a market cap of $4,729.42, a PE ratio of 39.72, a PEG ratio of 4.28 and a beta of 1.26.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, November 1st. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.48. Fair Isaac had a net margin of 13.76% and a return on equity of 30.03%. The business had revenue of $253.21 million for the quarter, compared to analyst estimates of $249.11 million. During the same period in the previous year, the business posted $1.28 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. research analysts predict that Fair Isaac will post 3.68 EPS for the current year.

In other Fair Isaac news, Director A George Battle sold 5,000 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $150.46, for a total transaction of $752,300.00. Following the transaction, the director now directly owns 21,259 shares in the company, valued at $3,198,629.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Joanna Rees bought 3,000 shares of the stock in a transaction on Thursday, November 9th. The shares were bought at an average price of $152.00 per share, for a total transaction of $456,000.00. Following the completion of the transaction, the director now directly owns 4,989 shares of the company’s stock, valued at approximately $758,328. The disclosure for this purchase can be found here. Insiders own 5.60% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Fair Isaac by 2.4% during the second quarter. Vanguard Group Inc. now owns 2,596,086 shares of the technology company’s stock worth $361,920,000 after buying an additional 60,042 shares during the period. Atlanta Capital Management Co. L L C grew its position in Fair Isaac by 4.8% during the second quarter. Atlanta Capital Management Co. L L C now owns 2,589,485 shares of the technology company’s stock worth $361,000,000 after buying an additional 117,514 shares during the period. State Street Corp grew its position in Fair Isaac by 3.7% during the second quarter. State Street Corp now owns 1,030,356 shares of the technology company’s stock worth $143,644,000 after buying an additional 37,156 shares during the period. Koch Industries Inc. grew its position in Fair Isaac by 23,947.1% during the second quarter. Koch Industries Inc. now owns 873,631 shares of the technology company’s stock worth $867,000 after buying an additional 869,998 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Fair Isaac by 13.5% during the second quarter. Bank of New York Mellon Corp now owns 494,606 shares of the technology company’s stock worth $68,952,000 after buying an additional 58,786 shares during the period. Institutional investors own 90.02% of the company’s stock.

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About Fair Isaac

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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