Fair Isaac (FICO) Gets a Buy Rating from Needham


In a report released today, Kyle Peterson from Needham assigned a Buy rating to Fair Isaac (FICO), with a price target of $515.00. The company’s shares closed last Monday at $424.63, close to its 52-week high of $452.74.

Peterson has an average return of 5.5% when recommending Fair Isaac.

According to TipRanks.com, Peterson is ranked #4228 out of 6927 analysts.

Fair Isaac has an analyst consensus of Strong Buy, with a price target consensus of $491.50.

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Fair Isaac’s market cap is currently $12.31B and has a P/E ratio of 54.10. The company has a Price to Book ratio of -21.33.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FICO in relation to earlier this year. Last month, Marc Mcmorris, a Director at FICO sold 2,806 shares for a total of $1,226,194.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management. The Scores segment consists of business-to-business scoring solutions and services, business-to-consumer scoring solutions and services including myFICO solutions for consumers, and associated professional services. The Decision Management Software segment comprises the analytic and decision management software tools, FICO decision management suite, and associated professional services. The company was founded by Bill Fair and Earl Isaac in 1956 and is headquartered in San Jose, CA.

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