Could Fair Isaac Corporation (FICO) Skyrocket Even More? The Stock Just Made 52-Week High

June 17, 2018 - By Peter Erickson

Fair Isaac Corporation (NYSE:FICO) Logo

Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.06, from 0.91 in 2017Q4. It turned negative, as 18 investors sold Fair Isaac Corporation shares while 99 reduced holdings. 39 funds opened positions while 61 raised stakes. 23.73 million shares or 2.66% less from 24.37 million shares in 2017Q4 were reported.
Colorado-based Ghp Advsr Incorporated has invested 0.58% in Fair Isaac Corporation (NYSE:FICO). Profit Investment Ltd stated it has 18,807 shares. Moreover, Laurion Mgmt L P has 0.03% invested in Fair Isaac Corporation (NYSE:FICO) for 18,800 shares. The Guernsey-based Bluecrest Cap Mngmt Limited has invested 0.05% in Fair Isaac Corporation (NYSE:FICO). 4,831 are held by Janney Montgomery Scott Llc. Bluemountain Mgmt Limited Co reported 61,288 shares. Hsbc Public Ltd Co accumulated 0.02% or 59,740 shares. Millennium Management Ltd holds 0.01% of its portfolio in Fair Isaac Corporation (NYSE:FICO) for 47,166 shares. Usa Portformulas owns 515 shares for 0.02% of their portfolio. Barclays Public Ltd Com holds 0% in Fair Isaac Corporation (NYSE:FICO) or 25,323 shares. American Int Gp holds 78,606 shares. Commonwealth Of Pennsylvania School Empls Retrmt System holds 8,108 shares or 0.02% of its portfolio. Paloma Ptnrs Company invested in 0.01% or 3,210 shares. Eqis Mgmt holds 10,002 shares. Bingham Osborn And Scarborough Limited Liability Co invested in 0.02% or 1,193 shares.

Since May 3, 2018, it had 0 insider buys, and 1 sale for $863,050 activity.

The stock of Fair Isaac Corporation (NYSE:FICO) hit a new 52-week high and has $215.97 target or 8.00 % above today’s $199.97 share price. The 9 months bullish chart indicates low risk for the $5.97B company. The 1-year high was reported on Jun, 17 by Barchart.com. If the $215.97 price target is reached, the company will be worth $477.36 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.37% or $0.75 during the last trading session, reaching $199.97. About 289,914 shares traded or 69.27% up from the average. Fair Isaac Corporation (NYSE:FICO) has risen 36.35% since June 17, 2017 and is uptrending. It has outperformed by 23.78% the S&P500.

Analysts await Fair Isaac Corporation (NYSE:FICO) to report earnings on July, 30. They expect $1.02 earnings per share, up 30.77 % or $0.24 from last year’s $0.78 per share. FICO’s profit will be $30.44M for 49.01 P/E if the $1.02 EPS becomes a reality. After $1.08 actual earnings per share reported by Fair Isaac Corporation for the previous quarter, Wall Street now forecasts -5.56 % negative EPS growth.

Fair Isaac Corporation (NYSE:FICO) Ratings Coverage

Among 2 analysts covering Fair Isaac Corp (NYSE:FICO), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Fair Isaac Corp has $190 highest and $154.0 lowest target. $172’s average target is -13.99% below currents $199.97 stock price. Fair Isaac Corp had 2 analyst reports since January 24, 2018 according to SRatingsIntel. The company was maintained on Wednesday, January 24 by Stephens. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, April 27.

More news for Fair Isaac Corporation (NYSE:FICO) were recently published by: Prnewswire.com, which released: “New FICO Study and Infographic Highlights How Student Loan Borrowers Improve their FICO┬« Score” on May 22, 2018. Prnewswire.com‘s article titled: “FICO Awarded Seven New Patents for Analytic Innovations in Fraud Detection and AI” and published on June 12, 2018 is yet another important article.

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 $5.97 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 54.35 P/E ratio. It operates through three divisions: Applications, Scores, and Decision Management Software.

Fair Isaac Corporation (NYSE:FICO) Institutional Positions Chart

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