Fair Isaac (FICO) Set to Announce Quarterly Earnings on Thursday

Fair Isaac (NYSE:FICO) is set to issue its quarterly earnings data after the market closes on Thursday, November 1st. Analysts expect the company to announce earnings of $1.54 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Fair Isaac (NYSE:FICO) last announced its earnings results on Thursday, July 26th. The technology company reported $1.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.49. Fair Isaac had a return on equity of 39.61% and a net margin of 13.12%. The business had revenue of $259.50 million for the quarter, compared to analysts’ expectations of $257.49 million. During the same period in the prior year, the business posted $1.16 earnings per share. The firm’s revenue was up 12.3% on a year-over-year basis. On average, analysts expect Fair Isaac to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of FICO stock opened at $188.99 on Wednesday. Fair Isaac has a one year low of $141.90 and a one year high of $241.10. The company has a market capitalization of $5.53 billion, a P/E ratio of 47.48, a P/E/G ratio of 3.30 and a beta of 1.28. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.89.



In other news, Director James Kirsner sold 12,750 shares of the company’s stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $210.74, for a total transaction of $2,686,935.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark R. Scadina sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, August 2nd. The stock was sold at an average price of $205.39, for a total value of $3,080,850.00. Following the transaction, the executive vice president now directly owns 1,442 shares in the company, valued at $296,172.38. The disclosure for this sale can be found here. Over the last three months, insiders sold 167,620 shares of company stock worth $36,316,687. Insiders own 5.80% of the company’s stock.

FICO has been the topic of several analyst reports. Barclays upped their target price on Fair Isaac from $190.00 to $200.00 and gave the company an “equal weight” rating in a report on Thursday, July 12th. Wells Fargo & Co upped their target price on Fair Isaac from $200.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 27th. Zacks Investment Research upgraded Fair Isaac from a “hold” rating to a “strong-buy” rating and set a $230.00 target price on the stock in a report on Tuesday, July 31st. Finally, ValuEngine upgraded Fair Isaac from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 2nd. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Fair Isaac has an average rating of “Buy” and a consensus price target of $208.50.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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Earnings History for Fair Isaac (NYSE:FICO)

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