Analysts Expect Fair Isaac Corporation (FICO) to Announce $1.70 EPS
Brokerages expect Fair Isaac Corporation (NYSE:FICO) to report earnings per share (EPS) of $1.70 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Fair Isaac Corporation’s earnings, with the lowest EPS estimate coming in at $1.69 and the highest estimate coming in at $1.71. Fair Isaac Corporation reported earnings of $1.00 per share in the same quarter last year, which would indicate a positive year over year growth rate of 70%. The company is expected to issue its next quarterly earnings report on Monday, November 6th.
According to Zacks, analysts expect that Fair Isaac Corporation will report full year earnings of $4.93 per share for the current fiscal year, with EPS estimates ranging from $4.92 to $4.95. For the next year, analysts forecast that the business will report earnings of $5.75 per share, with EPS estimates ranging from $5.65 to $5.89. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Fair Isaac Corporation.
Fair Isaac Corporation (NYSE:FICO) last issued its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.12). Fair Isaac Corporation had a net margin of 13.15% and a return on equity of 27.84%. The business had revenue of $231.00 million during the quarter, compared to analyst estimates of $237.07 million. During the same period last year, the firm posted $1.45 earnings per share. Fair Isaac Corporation’s quarterly revenue was down 3.3% compared to the same quarter last year.
A number of research analysts have recently commented on the company. BidaskClub cut Fair Isaac Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Wells Fargo & Company lifted their price objective on Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research cut Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd.
Shares of Fair Isaac Corporation (NYSE:FICO) traded up 0.91% during trading on Monday, reaching $143.71. The company’s stock had a trading volume of 15,771 shares. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 38.53 and a beta of 1.21. The stock’s 50 day moving average price is $139.37 and its 200-day moving average price is $136.35. Fair Isaac Corporation has a 52-week low of $109.77 and a 52-week high of $147.02.
In related news, Director David A. Rey sold 2,660 shares of Fair Isaac Corporation stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $140.47, for a total value of $373,650.20. Following the completion of the sale, the director now owns 11,034 shares of the company’s stock, valued at $1,549,945.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David A. Rey sold 7,340 shares of Fair Isaac Corporation stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $140.25, for a total value of $1,029,435.00. Following the completion of the sale, the director now directly owns 15,714 shares of the company’s stock, valued at approximately $2,203,888.50. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of FICO. Thrivent Financial For Lutherans grew its holdings in Fair Isaac Corporation by 10.2% during the first quarter. Thrivent Financial For Lutherans now owns 5,820 shares of the technology company’s stock valued at $750,000 after purchasing an additional 540 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in Fair Isaac Corporation by 3,643.2% during the first quarter. Nomura Asset Management Co. Ltd. now owns 138,500 shares of the technology company’s stock valued at $17,860,000 after purchasing an additional 134,800 shares during the period. Prudential Financial Inc. grew its holdings in Fair Isaac Corporation by 20.0% during the second quarter. Prudential Financial Inc. now owns 318,545 shares of the technology company’s stock valued at $44,408,000 after purchasing an additional 53,070 shares during the period. Federated Investors Inc. PA grew its holdings in Fair Isaac Corporation by 24.2% during the second quarter. Federated Investors Inc. PA now owns 29,125 shares of the technology company’s stock valued at $4,061,000 after purchasing an additional 5,666 shares during the period. Finally, OppenheimerFunds Inc. bought a new stake in Fair Isaac Corporation during the first quarter valued at about $292,000. 88.17% of the stock is owned by institutional investors.
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About Fair Isaac Corporation
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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