$1.13 EPS Expected for Fair Isaac Co. (FICO) This Quarter
Brokerages expect Fair Isaac Co. (NYSE:FICO) to post earnings per share of $1.13 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Fair Isaac’s earnings, with the highest EPS estimate coming in at $1.14 and the lowest estimate coming in at $1.12. Fair Isaac reported earnings of $1.16 per share during the same quarter last year, which suggests a negative year over year growth rate of 2.6%. The firm is expected to announce its next earnings results on Tuesday, January 30th.
According to Zacks, analysts expect that Fair Isaac will report full-year earnings of $5.42 per share for the current year, with EPS estimates ranging from $5.32 to $5.49. For the next fiscal year, analysts anticipate that the company will report earnings of $6.57 per share, with EPS estimates ranging from $6.37 to $6.79. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that cover Fair Isaac.
Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, November 1st. The technology company reported $1.65 EPS for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.48. Fair Isaac had a return on equity of 30.03% and a net margin of 13.76%. The firm had revenue of $253.21 million for the quarter, compared to the consensus estimate of $249.11 million. During the same quarter last year, the business posted $1.28 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year.
In other news, Director A George Battle sold 5,000 shares of Fair Isaac stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $150.46, for a total value of $752,300.00. Following the completion of the sale, the director now directly owns 21,259 shares of the company’s stock, valued at $3,198,629.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joanna Rees acquired 3,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was purchased at an average cost of $152.00 per share, with a total value of $456,000.00. Following the completion of the purchase, the director now directly owns 4,989 shares of the company’s stock, valued at approximately $758,328. The disclosure for this purchase can be found here. 5.60% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently modified their holdings of the company. ETF Managers Group LLC acquired a new position in Fair Isaac during the 2nd quarter worth $219,000. Acrospire Investment Management LLC acquired a new position in Fair Isaac during the 2nd quarter worth $139,000. YorkBridge Wealth Partners LLC acquired a new position in Fair Isaac during the 2nd quarter worth $138,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Fair Isaac by 15.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,233 shares of the technology company’s stock worth $172,000 after purchasing an additional 161 shares in the last quarter. Finally, Advisory Services Network LLC grew its stake in Fair Isaac by 17.9% during the 2nd quarter. Advisory Services Network LLC now owns 1,297 shares of the technology company’s stock worth $181,000 after purchasing an additional 197 shares in the last quarter. 88.20% of the stock is owned by institutional investors and hedge funds.
Shares of Fair Isaac (NYSE:FICO) opened at $156.92 on Wednesday. Fair Isaac has a 1 year low of $119.54 and a 1 year high of $159.92. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $4,653.88, a price-to-earnings ratio of 39.53, a price-to-earnings-growth ratio of 4.21 and a beta of 1.26.
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Fair Isaac Company Profile
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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