The trading price of Fair Isaac Corp (NYSE:FICO) closed lower on Friday, May 23, and closing at $1694.36, -0.35% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 72.98. In examining the 52-week price action we see that the stock hit a 52-week high of $2402.51 and a 52-week low of $1266.72. Over the past month, the stock has lost -12.52% in value.
Fair Isaac Corp, whose market valuation is $41.24 billion at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest FICO has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned FICO a recommendation rating is 6. Out of them, 1 rate it a Hold, while 5 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Fair Isaac Corp (FICO) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.95, which symbolizes a positive outlook. A quick review shows that FICO’s price is currently -16.30% off the SMA20 and -11.90% off the SMA50. The RSI metric on the 14-day chart is currently showing 29.68, and weekly volatility stands at 7.98%. When measured over the past 30 days, the indicator reaches 4.49%. Fair Isaac Corp (NYSE:FICO)’s beta value is currently sitting at 1.31, while the Average True Range indicator is currently displaying 96.23. With analysts defining $2250-$2515 as the low and high price targets, we arrive at a consensus price target of $2500 for the trailing 12-month period. The current price is about -32.79% off the estimated low and -48.43% off the forecast high, based on this estimate. Investors will be thrilled if FICO’s share price rises to $2500, which is the median consensus price. At that level, FICO’s share price would be -47.55% below current price.
To see how Fair Isaac Corp stock has been performing in comparison to its peers in the industry, here are the numbers: FICO stock’s performance was -0.35% in the latest trading, and 23.24% in the past year. Fair Isaac Corp has a P/E ratio of 72.98.
An evaluation of the daily trading volume of Fair Isaac Corp (NYSE:FICO) indicates that the 3-month average is 212.64K.
Currently, records show that 24.35 million of the company’s shares remain outstanding. The insiders hold 2.84% of outstanding shares, whereas institutions hold 88.36%. However, since the stock’s price has seen -14.90% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
