Fair Isaac (FICO) to Release Earnings on Wednesday

Fair Isaac (NYSE:FICO) is scheduled to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $5.33 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Fair Isaac Trading Up 1.7 %

Shares of FICO traded up $27.70 on Tuesday, reaching $1,616.42. 30,474 shares of the company’s stock traded hands, compared to its average volume of 178,788. The stock’s 50 day simple moving average is $1,459.78 and its two-hundred day simple moving average is $1,324.47. Fair Isaac has a 52-week low of $810.26 and a 52-week high of $1,658.03. The stock has a market cap of $39.94 billion, a PE ratio of 83.40, a PEG ratio of 4.33 and a beta of 1.34.

Analysts Set New Price Targets

Several brokerages have commented on FICO. Redburn Atlantic started coverage on shares of Fair Isaac in a research report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating and set a $1,500.00 target price on shares of Fair Isaac in a research report on Tuesday, June 11th. Raymond James raised their price objective on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Finally, Wolfe Research started coverage on shares of Fair Isaac in a report on Tuesday, July 9th. They set an “outperform” rating and a $1,725.00 target price on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,319.40.

Insider Transactions at Fair Isaac

In related news, EVP Richard Deal sold 13,591 shares of the business’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total transaction of $18,678,111.30. Following the completion of the transaction, the executive vice president now directly owns 49,314 shares in the company, valued at $67,772,230.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Fair Isaac news, EVP Richard Deal sold 13,591 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $1,374.30, for a total value of $18,678,111.30. Following the completion of the transaction, the executive vice president now owns 49,314 shares of the company’s stock, valued at approximately $67,772,230.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Mark R. Scadina sold 423 shares of the firm’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the sale, the executive vice president now owns 32,229 shares in the company, valued at approximately $44,222,055.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,014 shares of company stock valued at $21,888,518. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Company Profile

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.