Positive News Coverage Somewhat Unlikely to Impact Fair Isaac Corporation (FICO) Share Price
News stories about Fair Isaac Corporation (NYSE:FICO) have been trending positive on Thursday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fair Isaac Corporation earned a news sentiment score of 0.30 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.5053755761091 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- David A. Rey Sells 2,660 Shares of Fair Isaac Corporation (FICO) Stock (americanbankingnews.com)
- Fair Isaac Corp. breached its 50 day moving average in a Bullish Manner : FICO-US : August 15, 2017 (finance.yahoo.com)
- Amazon’s AWS Scoops Up Two New Customers: Hulu & FICO (mrtopstep.com)
- These Obsessives Have Cracked the Perfect Credit Score (finance.yahoo.com)
- FICO Selects AWS as Its Cloud Provider (finance.yahoo.com)
Several analysts have issued reports on FICO shares. BidaskClub upgraded Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Zacks Investment Research upgraded Fair Isaac Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, Wells Fargo & Company upped their price objective on Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research note on Tuesday, August 1st.
Shares of Fair Isaac Corporation (NYSE FICO) traded down 1.69% during trading on Thursday, hitting $138.56. The stock had a trading volume of 157,956 shares. The company’s 50 day moving average price is $140.89 and its 200 day moving average price is $133.73. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 37.15 and a beta of 1.20. Fair Isaac Corporation has a 52 week low of $109.77 and a 52 week high of $147.02.
Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. The company had revenue of $231 million during the quarter, compared to the consensus estimate of $237.07 million. Fair Isaac Corporation had a return on equity of 27.84% and a net margin of 13.15%. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the firm posted $1.45 EPS. Analysts predict that Fair Isaac Corporation will post $4.94 earnings per share for the current year.
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In other Fair Isaac Corporation news, Director Greg R. Gianforte sold 18,486 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $134.50, for a total transaction of $2,486,367.00. Following the sale, the director now owns 20,877 shares of the company’s stock, valued at approximately $2,807,956.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David A. Rey sold 2,660 shares of the business’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $140.47, for a total transaction of $373,650.20. Following the sale, the director now directly owns 11,034 shares in the company, valued at approximately $1,549,945.98. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.
About Fair Isaac Corporation
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
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