Fair Isaac (NYSE:FICO) had its price objective boosted by analysts at Wells Fargo & Co from $475.00 to $550.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has an “overweight” rating on the technology company’s stock. Wells Fargo & Co‘s price objective indicates a potential upside of 25.23% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Robert W. Baird boosted their target price on Fair Isaac from $460.00 to $486.00 and gave the stock an “outperform” rating in a research report on Thursday. Barclays increased their target price on Fair Isaac from $340.00 to $475.00 in a research report on Wednesday, June 10th. Zacks Investment Research lowered shares of Fair Isaac from a “hold” rating to a “sell” rating in a report on Wednesday, July 15th. Jefferies Financial Group boosted their price target on shares of Fair Isaac from $362.00 to $393.00 and gave the stock a “hold” rating in a research report on Tuesday, July 14th. Finally, Needham & Company LLC increased their price objective on shares of Fair Isaac from $425.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $440.00.

Fair Isaac stock opened at $439.19 on Thursday. Fair Isaac has a 1 year low of $177.65 and a 1 year high of $442.65. The firm’s 50 day moving average price is $416.33 and its 200-day moving average price is $373.39. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 1.01. The stock has a market cap of $12.73 billion, a P/E ratio of 58.24 and a beta of 1.20.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 29th. The technology company reported $2.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.16 by $0.42. The company had revenue of $313.73 million during the quarter, compared to analysts’ expectations of $301.30 million. Fair Isaac had a net margin of 18.92% and a return on equity of 91.50%. Fair Isaac’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company posted $2.50 earnings per share. As a group, equities analysts expect that Fair Isaac will post 4.93 EPS for the current year.

In related news, Director A George Battle sold 5,625 shares of Fair Isaac stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $365.46, for a total transaction of $2,055,712.50. Following the completion of the transaction, the director now directly owns 5,625 shares of the company’s stock, valued at approximately $2,055,712.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David A. Rey sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $421.43, for a total transaction of $4,214,300.00. Following the transaction, the director now owns 10,000 shares in the company, valued at $4,214,300. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,709 shares of company stock valued at $10,623,075. 3.81% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA lifted its stake in shares of Fair Isaac by 86.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 14,704 shares of the technology company’s stock worth $4,524,000 after acquiring an additional 6,802 shares during the last quarter. Nuveen Asset Management LLC increased its stake in Fair Isaac by 1.5% in the fourth quarter. Nuveen Asset Management LLC now owns 180,277 shares of the technology company’s stock worth $67,546,000 after purchasing an additional 2,618 shares during the period. Tributary Capital Management LLC increased its stake in Fair Isaac by 38.1% in the second quarter. Tributary Capital Management LLC now owns 2,900 shares of the technology company’s stock worth $1,212,000 after purchasing an additional 800 shares during the period. Squarepoint Ops LLC boosted its stake in shares of Fair Isaac by 212.5% during the first quarter. Squarepoint Ops LLC now owns 16,955 shares of the technology company’s stock valued at $5,217,000 after purchasing an additional 11,529 shares during the period. Finally, IFM Investors Pty Ltd purchased a new stake in shares of Fair Isaac during the second quarter valued at $886,000. 85.71% of the stock is currently owned by hedge funds and other institutional investors.

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.

See Also: Treasury Bonds

The Fly

Analyst Recommendations for Fair Isaac (NYSE:FICO)

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.