Fair Isaac Co. (FICO) Issues FY17 Earnings Guidance
May 1st, 2017 - By Doug Wharley
Fair Isaac Co. (NYSE:FICO) updated its FY17 earnings guidance on Thursday. The company provided EPS guidance of $4.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.97. The company issued revenue guidance of $925 million, compared to the consensus revenue estimate of $925.60 million.
Separately, Zacks Investment Research cut Fair Isaac from a buy rating to a hold rating in a research report on Tuesday, April 25th.
Shares of Fair Isaac Co. (NYSE:FICO) traded up 1.17% during mid-day trading on Monday, hitting $137.07. The stock had a trading volume of 100,953 shares. The firm has a 50 day moving average of $129.38 and a 200 day moving average of $123.77. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 34.09 and a beta of 1.24. Fair Isaac Co. has a one year low of $103.50 and a one year high of $137.74.
Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, April 27th. The technology company reported $1.05 earnings per share (EPS) for the quarter, missing analystsí consensus estimates of $1.10 by $0.05. Fair Isaac had a net margin of 14.22% and a return on equity of 30.90%. The firm earned $228.40 million during the quarter, compared to the consensus estimate of $220.05 million. During the same quarter last year, the firm posted $1.09 EPS. The businessís revenue was up 10.5% on a year-over-year basis. On average, analysts forecast that Fair Isaac Co. will post $4.97 earnings per share for the current year.
In related news, insider William J. Lansing sold 7,000 shares of the businessís stock in a transaction that occurred on Monday, March 6th. The shares were sold at an average price of $131.03, for a total value of $917,210.00. Following the completion of the transaction, the insider now owns 181,521 shares in the company, valued at approximately $23,784,696.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William J. Lansing sold 4,707 shares of the businessís stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $128.59, for a total transaction of $605,273.13. Following the completion of the transaction, the insider now owns 176,614 shares of the companyís stock, valued at approximately $22,710,794.26. The disclosure for this sale can be found here. Insiders sold 111,437 shares of company stock valued at $14,263,367 in the last quarter. 5.60% of the stock is currently owned by corporate insiders.
About Fair Isaac
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.