Analysts Anticipate FICO (FICO) to Announce $1.66 EPS

Equities research analysts expect FICO (NYSE:FICO) to report $1.66 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have made estimates for FICO’s earnings. The lowest EPS estimate is $1.55 and the highest is $1.77. FICO posted earnings per share of $1.16 during the same quarter last year, which would suggest a positive year over year growth rate of 43.1%. The company is expected to issue its next earnings results on Monday, July 30th.

According to Zacks, analysts expect that FICO will report full-year earnings of $6.33 per share for the current year, with EPS estimates ranging from $6.16 to $6.44. For the next year, analysts forecast that the company will report earnings of $7.39 per share, with EPS estimates ranging from $7.15 to $7.60. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover FICO.

FICO (NYSE:FICO) last announced its quarterly earnings results on Thursday, April 26th. The technology company reported $1.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.57. The company had revenue of $257.86 million during the quarter, compared to analyst estimates of $244.33 million. FICO had a return on equity of 34.23% and a net margin of 12.77%. The firm’s revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.05 earnings per share.

A number of equities research analysts have recently issued reports on the company. Zacks Investment Research lowered FICO from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Barclays increased their target price on FICO from $175.00 to $190.00 and gave the company an “equal weight” rating in a research note on Friday, April 27th. ValuEngine upgraded FICO from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, Stephens reiterated a “hold” rating and issued a $154.00 target price on shares of FICO in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $176.75.

Shares of NYSE:FICO opened at $181.76 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.38. FICO has a 12 month low of $131.14 and a 12 month high of $182.34. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 41.48, a PEG ratio of 4.35 and a beta of 1.28.

In other news, Director David A. Rey sold 5,000 shares of the stock in a transaction dated Thursday, May 3rd. The stock was sold at an average price of $172.61, for a total value of $863,050.00. Following the completion of the sale, the director now owns 7,374 shares in the company, valued at $1,272,826.14. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 5.80% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. Amundi Pioneer Asset Management Inc. purchased a new position in FICO in the fourth quarter valued at about $103,000. We Are One Seven LLC purchased a new position in FICO in the fourth quarter valued at about $130,000. Schaper Benz & Wise Investment Counsel Inc. WI purchased a new position in FICO in the fourth quarter valued at about $212,000. First Republic Investment Management Inc. purchased a new position in FICO in the fourth quarter valued at about $233,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in FICO by 39.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the technology company’s stock valued at $264,000 after purchasing an additional 487 shares during the last quarter. 84.97% of the stock is owned by hedge funds and other institutional investors.

FICO 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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