$283.74 Million in Sales Expected for Fair Isaac Co. (FICO) This Quarter

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Equities analysts expect that Fair Isaac Co. (NYSE:FICO) will announce $283.74 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Fair Isaac’s earnings, with the highest sales estimate coming in at $288.88 million and the lowest estimate coming in at $278.60 million. Fair Isaac reported sales of $257.86 million during the same quarter last year, which indicates a positive year over year growth rate of 10%. The firm is expected to report its next quarterly earnings report on Thursday, April 25th.

According to Zacks, analysts expect that Fair Isaac will report full-year sales of $1.13 billion for the current fiscal year. For the next fiscal year, analysts expect that the firm will report sales of $1.21 billion, with estimates ranging from $1.20 billion to $1.21 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Fair Isaac.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, January 30th. The technology company reported $1.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.42 by $0.03. Fair Isaac had a return on equity of 46.97% and a net margin of 14.64%. The firm had revenue of $262.30 million during the quarter, compared to analysts’ expectations of $263.93 million. During the same period in the previous year, the firm posted $1.23 EPS. Fair Isaac’s revenue for the quarter was up 12.9% on a year-over-year basis.

Several research firms recently commented on FICO. Zacks Investment Research cut Fair Isaac from a “buy” rating to a “hold” rating in a research note on Thursday, January 24th. Barclays boosted their target price on Fair Isaac to $200.00 in a research note on Sunday, December 2nd. Finally, ValuEngine raised Fair Isaac from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 22nd.

FICO traded up $1.05 on Tuesday, hitting $262.29. 5,499 shares of the company were exchanged, compared to its average volume of 213,354. Fair Isaac has a twelve month low of $162.58 and a twelve month high of $261.45. The stock has a market capitalization of $7.49 billion, a price-to-earnings ratio of 60.67, a PEG ratio of 5.56 and a beta of 1.42. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.87 and a quick ratio of 0.87.

In other news, insider Stuart Wells sold 10,000 shares of the company’s stock in a transaction dated Friday, December 21st. The stock was sold at an average price of $179.35, for a total transaction of $1,793,500.00. Following the completion of the transaction, the insider now directly owns 65,172 shares of the company’s stock, valued at approximately $11,688,598.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Michael J. Pung sold 7,504 shares of the company’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $252.53, for a total value of $1,894,985.12. The disclosure for this sale can be found here. Insiders have sold a total of 81,443 shares of company stock valued at $17,683,060 over the last three months. 6.10% of the stock is currently owned by insiders.

Several large investors have recently added to or reduced their stakes in the company. MUFG Securities EMEA plc acquired a new position in shares of Fair Isaac during the 4th quarter worth about $2,038,000. American Century Companies Inc. boosted its position in shares of Fair Isaac by 29.1% during the 4th quarter. American Century Companies Inc. now owns 81,450 shares of the technology company’s stock worth $15,231,000 after acquiring an additional 18,360 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Fair Isaac by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 294,328 shares of the technology company’s stock worth $55,039,000 after acquiring an additional 19,598 shares in the last quarter. Norges Bank acquired a new position in shares of Fair Isaac during the 4th quarter worth about $62,724,000. Finally, Advisory Services Network LLC boosted its position in shares of Fair Isaac by 14.1% during the 4th quarter. Advisory Services Network LLC now owns 1,904 shares of the technology company’s stock worth $356,000 after acquiring an additional 235 shares in the last quarter. 82.66% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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