Fair Isaac (NYSE:FICO) Sets New 52-Week Low – Here’s Why

Fair Isaac Corporation (NYSE:FICO) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $865.27 and last traded at $869.3050, with a volume of 101209 shares. The stock had previously closed at $879.62.

Wall Street Analysts Forecast Growth

FICO has been the topic of several recent analyst reports. Barclays decreased their price objective on shares of Fair Isaac from $1,950.00 to $1,700.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Jefferies Financial Group set a $1,675.00 target price on shares of Fair Isaac in a research note on Monday, August 3rd. Needham & Company LLC restated a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a research note on Thursday, July 30th. Weiss Ratings downgraded shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, September 14th. Finally, UBS Group dropped their price target on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,546.00.

Fair Isaac Stock Performance

The firm’s 50-day simple moving average is $1,093.69 and its 200 day simple moving average is $1,126.41. The company has a market capitalization of $18.78 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 0.82 and a beta of 1.32.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping the consensus estimate of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The company had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same period in the prior year, the business posted $8.57 earnings per share. The firm’s revenue for the quarter was up 25.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. As a group, equities analysts anticipate that Fair Isaac Corporation will post 37.2 earnings per share for the current year.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the sale, the director owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Institutional Investors Weigh In On Fair Isaac

Several institutional investors and hedge funds have recently made changes to their positions in FICO. XXEC Inc. purchased a new position in Fair Isaac during the 2nd quarter valued at about $33,189,000. BlackRock Inc. purchased a new stake in shares of Fair Isaac in the second quarter valued at about $2,491,517,000. Capital World Investors lifted its holdings in shares of Fair Isaac by 10.7% in the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after purchasing an additional 86,200 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Fair Isaac by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after purchasing an additional 8,886 shares during the last quarter. Finally, Capital International Investors increased its stake in shares of Fair Isaac by 0.8% during the 4th quarter. Capital International Investors now owns 380,750 shares of the technology company’s stock worth $643,704,000 after purchasing an additional 2,867 shares in the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

About Fair Isaac

Fair Isaac Corp. (NYSE:FICO), commonly known as FICO, is an analytics and decision-management software company best known for developing the FICO Score. The company’s scoring and predictive analytics products help lenders and other businesses evaluate credit risk, manage customer relationships and make data-driven decisions.

FICO provides software and services for a range of industries, including banking, insurance, telecommunications, retail and government. Its offerings include credit scoring solutions, fraud detection and prevention tools, customer engagement platforms, marketing analytics, and decision automation software designed to help organizations manage risk and improve operational efficiency.

The company was founded in 1956 by Bill Fair and Earl Isaac and originally operated as Fair, Isaac and Company.