Fair Isaac Corp (NYSE:FICO) Quarterly Sentiment Change Report

October 2, 2018 - By Nellie Frank

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Sentiment for Fair Isaac Corp (NYSE:FICO)

Fair Isaac Corp (NYSE:FICO) institutional sentiment increased to 0.97 in Q2 2018. Its up 0.12, from 0.85 in 2018Q1. The ratio has improved, as 111 hedge funds increased or started new equity positions, while 114 cut down and sold stakes in Fair Isaac Corp. The hedge funds in our partner’s database now own: 23.51 million shares, down from 23.73 million shares in 2018Q1. Also, the number of hedge funds holding Fair Isaac Corp in their top 10 equity positions increased from 2 to 3 for an increase of 1. Sold All: 22 Reduced: 92 Increased: 66 New Position: 45.

Fair Isaac Corporation develops analytic, software, and data management services and products that enable businesses to automate, enhance, and connect decisions. The company has market cap of $6.53 billion. The firm offers analytical solutions, credit scoring, and credit account management services and products to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies. It has a 53.49 P/E ratio. It operates through three divisions: Applications, Scores, and Decision Management Software.

The stock decreased 1.54% or $3.5 during the last trading session, reaching $223.97. About 237,556 shares traded or 11.87% up from the average. Fair Isaac Corporation (NYSE:FICO) has risen 66.69% since October 2, 2017 and is uptrending. It has outperformed by 51.07% the S&P500.

Analysts await Fair Isaac Corporation (NYSE:FICO) to report earnings on November, 7. They expect $1.54 earnings per share, up 23.20 % or $0.29 from last year’s $1.25 per share. FICO’s profit will be $44.88 million for 36.36 P/E if the $1.54 EPS becomes a reality. After $1.07 actual earnings per share reported by Fair Isaac Corporation for the previous quarter, Wall Street now forecasts 43.93 % EPS growth.

Banbury Partners Llc holds 5.44% of its portfolio in Fair Isaac Corporation for 117,908 shares. Profit Investment Management Llc owns 18,807 shares or 2.89% of their US portfolio. Moreover, Atlanta Capital Management Co L L C has 2.42% invested in the company for 2.49 million shares. The New York-based Sandler Capital Management has invested 1.09% in the stock. Ami Asset Management Corp, a California-based fund reported 71,674 shares.

Since January 1, 0001, it had 0 insider purchases, and 8 sales for $20.86 million activity.

Fair Isaac Corporation (NYSE:FICO) Ratings Coverage

Ratings analysis reveals 50% of Fair Isaac’s analysts are positive. Out of 2 Wall Street analysts rating Fair Isaac, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $190 while the high is $250. The stock’s average target of $225 is 0.46% above today’s ($223.97) share price. FICO was included in 3 notes of analysts from April 27, 2018. On Friday, April 27 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Equal-Weight” rating given on Thursday, July 12 by Barclays Capital. The firm has “Outperform” rating given on Friday, July 27 by Wells Fargo.

More news for Fair Isaac Corporation (NYSE:FICO) were recently published by: Prnewswire.com, which released: “Calling All Analytic Heroes: FICO Decisions Awards 2018 Now Open” on October 01, 2018. Prnewswire.com‘s article titled: “FICO Makes Artificial Intelligence Explainable with Latest Release of its Analytics Workbench” and published on September 12, 2018 is yet another important article.

Fair Isaac Corporation (NYSE:FICO) Institutional Positions Chart

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