Fair Isaac Co. (NYSE:FICO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Fair Isaac Co. (NYSE:FICO) have received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $2,078.15.

FICO has been the subject of several analyst reports. Jefferies Financial Group dropped 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. The Goldman Sachs Group increased 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. UBS Group decreased their target price 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. Barclays increased their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective on the stock.

Insider Buying and Selling

In other news, 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 value of $273,054.38. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,170 shares of company stock valued at $27,132,248 over the last three months. Corporate insiders own 3.46% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

Institutional investors and hedge funds have recently made changes to their positions in the business. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac in the 3rd quarter worth approximately $25,000. Rakuten Securities Inc. raised its stake in Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after buying an additional 8 shares during the last quarter. Pinnacle Holdings LLC purchased a new position in Fair Isaac during the fourth quarter valued at $26,000. True Wealth Design LLC boosted its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after acquiring an additional 18 shares in the last quarter. Finally, Berbice Capital Management LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth $40,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

FICO stock opened at $1,729.68 on Tuesday. The company has a market capitalization of $42.24 billion, a PE ratio of 79.38, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. Fair Isaac has a one year low of $1,105.65 and a one year high of $2,402.51. The company’s 50 day moving average price is $1,910.52 and its two-hundred day moving average price is $1,976.81.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. On average, research analysts predict that Fair Isaac will post 24.15 EPS for the current year.

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.