FICO (FICO) Issues Earnings Results
FICO (NYSE:FICO) posted its quarterly earnings data on Thursday. The technology company reported $1.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.57, Bloomberg Earnings reports. The firm had revenue of $257.86 million for the quarter, compared to analyst estimates of $244.33 million. FICO had a return on equity of 30.96% and a net margin of 12.41%. The company’s revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the company earned $1.05 EPS. FICO updated its FY18 guidance to $6.38 EPS.
Shares of FICO stock opened at $176.54 on Friday. The firm has a market capitalization of $5,124.45, a price-to-earnings ratio of 44.36, a price-to-earnings-growth ratio of 3.93 and a beta of 1.28. FICO has a fifty-two week low of $130.99 and a fifty-two week high of $179.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.85 and a current ratio of 0.85.
A number of equities research analysts have weighed in on FICO shares. Zacks Investment Research downgraded FICO from a “buy” rating to a “hold” rating in a report on Thursday, March 29th. ValuEngine raised FICO from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Barclays raised their target price on FICO from $150.00 to $175.00 and gave the company an “equal weight” rating in a report on Friday, January 26th. Finally, Stephens reaffirmed a “hold” rating and issued a $154.00 target price on shares of FICO in a report on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $176.75.
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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