Fair Isaac (NYSE:FICO) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Fair Isaac Corporation makes decisions smarter. The company’s solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Fair Isaac powers hundreds of billions of decisions each year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. “

FICO has been the topic of a number of other research reports. ValuEngine downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Monday, July 2nd. Barclays raised their price objective on shares of Fair Isaac from $190.00 to $200.00 and gave the stock an “equal weight” rating in a report on Thursday, July 12th. Finally, Wells Fargo & Co raised their price objective on shares of Fair Isaac from $200.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 27th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $208.50.

Shares of NYSE FICO opened at $227.25 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.89. The stock has a market cap of $6.68 billion, a PE ratio of 57.10, a P/E/G ratio of 5.09 and a beta of 1.29. Fair Isaac has a 52-week low of $140.43 and a 52-week high of $241.10.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, July 26th. The technology company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.49. The firm had revenue of $259.50 million for the quarter, compared to the consensus estimate of $257.49 million. Fair Isaac had a net margin of 13.12% and a return on equity of 39.61%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.16 EPS. equities research analysts forecast that Fair Isaac will post 4.5 earnings per share for the current fiscal year.

In other Fair Isaac news, insider Stuart Wells sold 10,500 shares of the firm’s stock in a transaction that occurred on Friday, September 21st. The shares were sold at an average price of $230.03, for a total transaction of $2,415,315.00. Following the sale, the insider now owns 49,271 shares in the company, valued at approximately $11,333,808.13. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider James M. Wehmann sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $235.63, for a total transaction 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. In the last 90 days, insiders have sold 177,639 shares of company stock worth $38,127,804. 5.80% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC bought a new stake in shares of Fair Isaac during the second quarter valued at approximately $192,000. Meridian Investment Counsel Inc. bought a new stake in shares of Fair Isaac during the second quarter valued at approximately $203,000. Bowling Portfolio Management LLC bought a new stake in shares of Fair Isaac during the second quarter valued at approximately $204,000. Commonwealth Equity Services LLC bought a new stake in shares of Fair Isaac during the second quarter valued at approximately $205,000. Finally, Creative Planning bought a new stake in shares of Fair Isaac during the second quarter valued at approximately $217,000. Institutional investors own 88.33% of the company’s stock.

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.

Further Reading: Understanding Price to Earnings Ratio (PE)

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