Fair Isaac (FICO) to Release Earnings on Thursday

Fair Isaac (NYSE:FICO) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect Fair Isaac to post earnings of $4.89 per share for the quarter. Fair Isaac has set its FY24 guidance at $22.45 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The company had revenue of $382.06 million during the quarter, compared to the consensus estimate of $386.55 million. On average, analysts expect Fair Isaac to post $20 EPS for the current fiscal year and $26 EPS for the next fiscal year.

Fair Isaac Trading Up 1.8 %

Shares of NYSE:FICO opened at $1,150.65 on Tuesday. Fair Isaac has a 12-month low of $708.00 and a 12-month high of $1,349.75. The company has a market capitalization of $28.59 billion, a PE ratio of 64.32, a PEG ratio of 2.50 and a beta of 1.21. The business has a 50 day moving average of $1,247.01 and a two-hundred day moving average of $1,144.79.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on FICO shares. Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Monday. Jefferies Financial Group boosted their price target on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Redburn Atlantic started coverage on Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price target for the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. Finally, Raymond James boosted their price target on Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $1,180.45.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $1,259.91, for a total value of $10,079,280.00. Following the completion of the sale, the chief executive officer now directly owns 28,638 shares in the company, valued at approximately $36,081,302.58. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold a total of 24,000 shares of company stock worth $29,011,120 in the last three months. 3.54% of the stock is owned by corporate insiders.

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.