Fair Isaac Corporation (FICO) was Reiterated by Barclays to “Overweight” according to the research note released today. The brokerage firm has raised the Price Target to $ 115 from a previous price target of $110 . Barclays advised their investors in a research report released on May 5, 2016.
Many Wall Street Analysts have commented on Fair Isaac Corporation. Fair Isaac Corporation was Downgraded by Sidoti to ” Neutral” on Mar 23, 2016.
On the company’s financial health, Fair Isaac Corporation reported $1.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $1.13. The company had revenue of $206.70 million for the quarter, compared to analysts expectations of $214.35 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.91 EPS.
Fair Isaac Corporation closed down -0.62 points or -0.59% at $104.34 with 1,72,393 shares getting traded on Wednesday. Post opening the session at $104.27, the shares hit an intraday low of $103.89 and an intraday high of $105.1 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Mar 3, 2016, James M Wehmann (Executive Vice President) sold 6,167 shares at $102.30 per share price. According to the SEC, on Mar 2, 2016, Mark R Scadina (EVP, Gen. Counsel & Sec.) sold 10,000 shares at $101.90 per share price. On Feb 24, 2016, Richard Deal (Executive Vice President) sold 20,199 shares at $95.16 per share price, according to the Form-4 filing with the securities and exchange commission.
Fair Isaac Corporation (FICO) is analytics Software Company. The Company provides products and services that enable businesses to automate improve and connect decisions to enhance business performance. The Company operates in three segments such as Applications which include pre-configured decision management applications designed for a specific type of business problem or process; Scores which includes the Company’s business-to-business scoring solutions and services its myFICO solutions for consumers and associated professional services and Tools segment which include software tools that clients can use to create their own custom Decision Management applications as well as associated professional services.