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 $ 135 from a previous price target of $115 . Barclays advised their investors in a research report released on Aug 2, 2016.
Many Wall Street Analysts have commented on Fair Isaac Corporation. Dougherty & Company Initiated Fair Isaac Corporation on Jul 13, 2016 to “Buy”, Price Target of the shares are set at $135.Company shares were Reiterated by Barclays on May 5, 2016 to “Overweight”, Firm has raised the Price Target to $ 115 from a previous price target of $110 .
On the company’s financial health, Fair Isaac Corporation reported $1.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.35 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.10. The company had revenue of $238.78 million for the quarter, compared to analysts expectations of $219.67 million. The company’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS.
Fair Isaac Corporation opened for trading at $120 and hit $130.16 on the upside on Friday, eventually ending the session at $126.64, with a gain of 9.55% or 11.04 points. The heightened volatility saw the trading volume jump to 8,75,807 shares. Company has a market cap of $3,948 M.
In a different news, on Aug 1, 2016, William J Lansing (President and CEO) sold 7,000 shares at $126.60 per share price. According to the SEC, on Jun 8, 2016, Stuart Wells (Executive Vice President) sold 26,424 shares at $114.22 per share price. On Jun 2, 2016, James M Wehmann (Executive Vice President) sold 1,722 shares at $112.00 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.