Wall Street brokerages expect Fair Isaac Corporation (NYSE:FICO) to announce earnings of $0.90 per share for the current quarter, according to Zacks. Two analysts have made estimates for Fair Isaac Corporation’s earnings, with the lowest EPS estimate coming in at $0.85 and the highest estimate coming in at $0.94. Fair Isaac Corporation posted earnings of $1.16 per share during the same quarter last year, which indicates a negative year over year growth rate of 22.4%. The business is scheduled to issue its next earnings report after the market closes on Monday, July 31st.
According to Zacks, analysts expect that Fair Isaac Corporation will report full-year earnings of $2.89 per share for the current financial year, with EPS estimates ranging from $2.73 to $3.06. For the next year, analysts expect that the business will post earnings of $3.95 per share, with EPS estimates ranging from $3.61 to $4.29. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that that provide coverage for Fair Isaac Corporation.
Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings data on Thursday, April 27th. The technology company reported $1.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by $0.05. The business had revenue of $228.40 million for the quarter, compared to the consensus estimate of $220.05 million. Fair Isaac Corporation had a net margin of 14.10% and a return on equity of 30.75%. Fair Isaac Corporation’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.09 EPS.
Several research analysts have commented on the stock. BidaskClub raised shares of Fair Isaac Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Zacks Investment Research raised shares of Fair Isaac Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, May 2nd.
In related news, CAO Michael S. Leonard sold 1,508 shares of the stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $138.10, for a total value of $208,254.80. Following the completion of the transaction, the chief accounting officer now owns 5,478 shares of the company’s stock, valued at approximately $756,511.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Greg R. Gianforte sold 18,486 shares of the stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $134.50, for a total transaction of $2,486,367.00. Following the completion of the transaction, the director now directly owns 20,877 shares of the company’s stock, valued at approximately $2,807,956.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,744 shares of company stock valued at $4,456,289. 5.60% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new stake in Fair Isaac Corporation during the fourth quarter worth $1,183,000. Thrivent Financial for Lutherans raised its stake in Fair Isaac Corporation by 9.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 5,280 shares of the technology company’s stock worth $629,000 after buying an additional 440 shares during the period. Norges Bank purchased a new stake in Fair Isaac Corporation during the fourth quarter worth $32,927,000. Teachers Advisors LLC raised its stake in Fair Isaac Corporation by 0.9% in the fourth quarter. Teachers Advisors LLC now owns 50,226 shares of the technology company’s stock worth $5,988,000 after buying an additional 450 shares during the period. Finally, Capstone Asset Management Co. raised its stake in Fair Isaac Corporation by 5.0% in the first quarter. Capstone Asset Management Co. now owns 2,967 shares of the technology company’s stock worth $383,000 after buying an additional 140 shares during the period. 90.49% of the stock is owned by hedge funds and other institutional investors.
Fair Isaac Corporation (FICO) traded down 0.24% during midday trading on Wednesday, reaching $142.41. The company had a trading volume of 124,250 shares. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 35.42 and a beta of 1.20. The firm has a 50-day moving average price of $137.69 and a 200-day moving average price of $131.29. Fair Isaac Corporation has a 52 week low of $109.77 and a 52 week high of $143.98.
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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