Fair Isaac (NYSE:FICO) Updates FY25 Earnings Guidance

Fair Isaac (NYSE:FICO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $28.58 for the period, compared to the consensus earnings per share estimate of $29.56. The company issued revenue guidance of $1.98 billion, compared to the consensus revenue estimate of $1.98 billion. Fair Isaac also updated its FY 2025 guidance to 28.580-28.580 EPS.

Fair Isaac Trading Up 7.1 %

NYSE:FICO traded up $153.95 during trading hours on Friday, reaching $2,330.05. 275,910 shares of the company traded hands, compared to its average volume of 171,269. Fair Isaac has a 1 year low of $900.01 and a 1 year high of $2,351.98. The business’s 50-day moving average price is $1,935.74 and its two-hundred day moving average price is $1,633.15. The stock has a market capitalization of $57.13 billion, a P/E ratio of 114.44, a P/E/G ratio of 3.68 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, November 6th. The technology company reported $5.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.44 by ($0.10). The business had revenue of $453.81 million for the quarter, compared to the consensus estimate of $454.78 million. Fair Isaac had a net margin of 28.94% and a negative return on equity of 60.67%. As a group, equities analysts anticipate that Fair Isaac will post 19.33 EPS for the current year.

Fair Isaac declared that its Board of Directors has initiated a share repurchase plan on Tuesday, July 30th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FICO. UBS Group began coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target on the stock. Barclays increased their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday. Oppenheimer increased their target price on Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. The Goldman Sachs Group increased their target price on Fair Isaac from $2,130.00 to $2,374.00 and gave the company a “buy” rating in a report on Thursday. Finally, Robert W. Baird increased their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $1,964.92.

Insider Buying and Selling

In related news, Director Joanna Rees sold 3,961 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Joanna Rees sold 3,961 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas A. Bowers sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1,715.27, for a total value of $5,145,810.00. Following the completion of the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $9,895,392.63. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.54% of the stock is currently owned by company insiders.

About Fair Isaac

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.