Brokerages predict that Fair Isaac Co. (NYSE:FICO) will announce sales of $269.73 million for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Fair Isaac’s earnings, with estimates ranging from $267.40 million to $272.05 million. Fair Isaac reported sales of $253.21 million in the same quarter last year, which would suggest a positive year over year growth rate of 6.5%. The business is scheduled to issue its next earnings results on Wednesday, November 7th.

According to Zacks, analysts expect that Fair Isaac will report full-year sales of $1.02 billion for the current financial year. For the next fiscal year, analysts expect that the company will post sales of $1.12 billion per share, with estimates ranging from $1.11 billion to $1.13 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover Fair Isaac.

Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, July 26th. The technology company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.49. Fair Isaac had a return on equity of 39.61% and a net margin of 13.12%. The company had revenue of $259.50 million for the quarter, compared to analyst estimates of $257.49 million. During the same quarter in the previous year, the firm earned $1.16 earnings per share. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year.

FICO has been the topic of several analyst reports. ValuEngine upgraded Fair Isaac from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 2nd. Zacks Investment Research upgraded Fair Isaac from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. Wells Fargo & Co lifted their target price on Fair Isaac from $200.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 27th. Finally, Barclays lifted their target price on Fair Isaac from $190.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, July 12th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $208.50.

In other news, CAO Michael S. Leonard sold 3,012 shares of the business’s stock in a transaction dated Tuesday, July 31st. The stock was sold at an average price of $203.19, for a total transaction of $612,008.28. Following the sale, the chief accounting officer now owns 10,206 shares in the company, valued at $2,073,757.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James M. Wehmann sold 20,000 shares of the business’s stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $235.63, for a total value of $4,712,600.00. Following the sale, the insider now owns 109,726 shares in the company, valued at approximately $25,854,737.38. The disclosure for this sale can be found here. Insiders sold 177,639 shares of company stock worth $38,127,804 in the last quarter. 5.80% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of FICO. Flagship Harbor Advisors LLC purchased a new stake in shares of Fair Isaac during the second quarter worth about $192,000. Meridian Investment Counsel Inc. purchased a new stake in shares of Fair Isaac during the second quarter worth about $203,000. Bowling Portfolio Management LLC purchased a new stake in shares of Fair Isaac during the second quarter worth about $204,000. Commonwealth Equity Services LLC purchased a new stake in shares of Fair Isaac during the second quarter worth about $205,000. Finally, Creative Planning purchased a new stake in shares of Fair Isaac during the second quarter worth about $217,000. Institutional investors and hedge funds own 88.33% of the company’s stock.

FICO traded up $0.88 on Wednesday, hitting $229.11. The company had a trading volume of 135,400 shares, compared to its average volume of 208,814. Fair Isaac has a 12-month low of $138.98 and a 12-month high of $241.10. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $6.65 billion, a PE ratio of 57.57, a price-to-earnings-growth ratio of 5.07 and a beta of 1.29.

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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