$1.82 Earnings Per Share Expected for Fair Isaac Co. (NYSE:FICO) This Quarter

Wall Street brokerages expect Fair Isaac Co. (NYSE:FICO) to post $1.82 earnings per share for the current quarter, according to Zacks. Two analysts have issued estimates for Fair Isaac’s earnings, with estimates ranging from $1.81 to $1.83. Fair Isaac reported earnings per share of $1.45 in the same quarter last year, which suggests a positive year over year growth rate of 25.5%. The company is expected to announce its next earnings report on Wednesday, January 29th.

On average, analysts expect that Fair Isaac will report full year earnings of $8.37 per share for the current financial year, with EPS estimates ranging from $8.30 to $8.40. For the next financial year, analysts expect that the company will post earnings of $9.61 per share, with EPS estimates ranging from $9.37 to $9.83. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Fair Isaac.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.68 by $0.33. Fair Isaac had a return on equity of 66.75% and a net margin of 16.56%. The firm had revenue of $305.30 million for the quarter, compared to the consensus estimate of $287.06 million. During the same quarter last year, the company earned $1.34 earnings per share. The business’s revenue for the quarter was up 19.0% compared to the same quarter last year.

FICO has been the topic of several recent research reports. Jefferies Financial Group initiated coverage on Fair Isaac in a research note on Tuesday, December 3rd. They issued a “hold” rating and a $370.00 price objective on the stock. Robert W. Baird initiated coverage on Fair Isaac in a research note on Monday, October 14th. They issued an “outperform” rating and a $352.00 price objective on the stock. Zacks Investment Research raised Fair Isaac from a “strong sell” rating to a “buy” rating and set a $368.00 price objective on the stock in a research note on Friday, November 8th. ValuEngine downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, William Blair reaffirmed an “outperform” rating on shares of Fair Isaac in a research note on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Fair Isaac currently has an average rating of “Buy” and a consensus target price of $361.00.

Shares of NYSE FICO traded up $4.05 during trading on Monday, hitting $356.88. The company had a trading volume of 164,108 shares, compared to its average volume of 177,673. The stock has a 50 day simple moving average of $340.84 and a 200 day simple moving average of $329.54. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.93 and a current ratio of 0.93. Fair Isaac has a 12 month low of $170.26 and a 12 month high of $373.24. The firm has a market capitalization of $10.27 billion, a P/E ratio of 62.30 and a beta of 1.18.

In related news, EVP James M. Wehmann sold 6,000 shares of Fair Isaac stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $332.63, for a total transaction of $1,995,780.00. Following the sale, the executive vice president now owns 107,083 shares of the company’s stock, valued at approximately $35,619,018.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 16,000 shares of Fair Isaac stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $310.22, for a total value of $4,963,520.00. Following the sale, the chief executive officer now directly owns 282,557 shares in the company, valued at approximately $87,654,832.54. The disclosure for this sale can be found here. Insiders have sold a total of 46,500 shares of company stock worth $15,297,430 in the last three months. 6.10% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC raised its stake in Fair Isaac by 1,442.2% during the 3rd quarter. Millennium Management LLC now owns 122,049 shares of the technology company’s stock valued at $37,044,000 after purchasing an additional 114,135 shares during the period. PointState Capital LP purchased a new position in Fair Isaac during the 3rd quarter valued at approximately $38,424,000. Integrated Wealth Concepts LLC grew its holdings in Fair Isaac by 7.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,162 shares of the technology company’s stock valued at $353,000 after buying an additional 84 shares in the last quarter. California State Teachers Retirement System grew its holdings in Fair Isaac by 1.4% during the 3rd quarter. California State Teachers Retirement System now owns 45,768 shares of the technology company’s stock valued at $13,892,000 after buying an additional 641 shares in the last quarter. Finally, Balasa Dinverno & Foltz LLC purchased a new position in Fair Isaac during the 3rd quarter valued at approximately $248,000. 83.06% of the stock is currently owned by institutional investors.

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 and Estimates for Fair Isaac (NYSE:FICO)

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