Barclays Downgrades Fair Isaac Corporation to Equal-weight

Brokerage firm Barclays Downgrades its rating on Fair Isaac Corporation(NYSE:FICO). The shares have been rated Equal-weight. Previously, the analysts had a Overweight rating on the shares. The rating by Barclays was issued on Sep 21, 2016.

In a different note, On Aug 2, 2016, Barclays said it Maintains its rating on Fair Isaac Corporation. In the research note, the firm Raises the price-target to $115.00 per share. The shares have been rated ‘Overweight’ by the firm. Dougherty & Company said it Initiates Coverage on Fair Isaac Corporation, according to a research note issued on Jul 13, 2016. The shares have been rated ‘Buy’ by the firm.

Fair Isaac Corporation (FICO) shares turned negative on Tuesdays trading session with the shares closing down -0.58 points or -0.45% at a volume of 95,834. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $130.6. The peak price level was also seen at $130.6 while the days lowest was $128.85. Finally the shares closed at $128.87. The 52-week high of the shares is $132.95 while the 52-week low is $78.11. According to the latest information available, the market cap of the company is $3,976 M.

Fair Isaac Corporation(FICO) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $238.78M. Analysts had an estimated revenue of $220.16M. Earnings per share were $1.08. Analysts had estimated an EPS of $0.73.

Several Insider Transactions has been reported to the SEC. On Sep 14, 2016, William J Lansing (President and CEO) sold 30,000 shares at $129.38 per share price.Also, On Sep 7, 2016, Mark R Scadina (EVP, Gen. Counsel & Sec.) sold 10,000 shares at $132.56 per share price.On Aug 31, 2016, Michael J Pung (EVP & CFO) sold 10,000 shares at $127.84 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Fair Isaac Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Fair Isaac Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.