Last Updated: 09 Nov 2024
Executive Summary
Fair Isaac Corporation (FICO) is a leading provider of data management, software, and analytics products and services. The company has a strong track record of growth and profitability, and its stock has outperformed the broader market in recent years. FICO is currently trading at $2332.29, which is above its 50-day and 200-day moving averages. Analysts are bullish on the stock, with a consensus price target of $2093.94.
Company Overview
FICO was founded in 1956 and is headquartered in San Jose, California. The company's products and services are used by businesses of all sizes to automate, improve, and connect decisions. FICO's customers include banks, credit unions, insurance companies, retailers, and healthcare providers.
Fundamental Analysis
FICO's financial performance has been strong in recent years. The company's revenue has grown at a compound annual growth rate (CAGR) of 10% over the past five years. FICO's earnings per share (EPS) have also grown at a CAGR of 15% over the past five years.
FICO's balance sheet is also strong. The company has a low level of debt and a high level of cash and equivalents. FICO's return on equity (ROE) is 35.6%, which is above the industry average.
Technical Analysis
FICO's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also above 50, which indicates that the stock is in a bullish trend.
Short Term Outlook
Analysts are bullish on FICO's stock in the short term. The company's strong financial performance and positive technical indicators suggest that the stock is likely to continue to trend higher in the coming months.
Long Term Outlook
Analysts are also bullish on FICO's stock in the long term. The company's strong competitive position and growing market opportunity suggest that the stock is likely to continue to perform well in the years to come.
Analyst Recommendations
The consensus analyst rating on FICO's stock is "Buy." The average analyst price target is $2093.94, which represents a potential upside of 10% from the current price.
