Is Buying 52-Week Stock Like Fair Isaac Corporation (FICO) a Winning Strategy?

May 17, 2018 - By Duane Lopez

Fair Isaac Corporation (NYSE:FICO) Logo

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.06, from 0.97 in 2017Q3. It is negative, as 13 investors sold Fair Isaac Corporation shares while 99 reduced holdings. 49 funds opened positions while 53 raised stakes. 24.37 million shares or 2.13% less from 24.90 million shares in 2017Q3 were reported.
Ahl Ptnrs Ltd Liability Partnership accumulated 40,425 shares. Pub Employees Retirement Association Of Colorado holds 257,639 shares or 0.25% of its portfolio. Ironwood Investment Counsel Ltd Liability Company holds 0.18% or 3,103 shares. One National Association reported 10,893 shares or 0.11% of all its holdings. Ameriprise, a Minnesota-based fund reported 356,527 shares. Brown Advisory Secs Ltd holds 0.06% or 2,000 shares in its portfolio. Neuberger Berman Group Inc Limited Liability has 1.75 million shares. New Mexico Educational Retirement Board, New Mexico-based fund reported 7,600 shares. Bnp Paribas Arbitrage has 0% invested in Fair Isaac Corporation (NYSE:FICO). Geode Management Lc stated it has 248,466 shares or 0.01% of all its holdings. D E Shaw And Com reported 2,959 shares or 0% of all its holdings. Wellington Management Grp Inc Limited Liability Partnership invested in 551,116 shares. The Minnesota-based Thrivent Fincl For Lutherans has invested 0% in Fair Isaac Corporation (NYSE:FICO). Moreover, Fincl Bank Of America Corp De has 0.01% invested in Fair Isaac Corporation (NYSE:FICO) for 274,813 shares. Raymond James And Associate holds 0% of its portfolio in Fair Isaac Corporation (NYSE:FICO) for 1,527 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 $196.10 target or 9.00 % above today’s $179.91 share price. The 8 months bullish chart indicates low risk for the $5.37B company. The 1-year high was reported on May, 17 by Barchart.com. If the $196.10 price target is reached, the company will be worth $483.21 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 0.10% or $0.18 during the last trading session, reaching $179.91. About 54,030 shares traded. Fair Isaac Corporation (NYSE:FICO) has risen 30.60% since May 17, 2017 and is uptrending. It has outperformed by 19.05% 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 $30.44 million for 44.10 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 $150.0 lowest target. $172’s average target is -4.40% below currents $179.91 stock price. Fair Isaac Corp had 3 analyst reports since December 14, 2017 according to SRatingsIntel. Stephens maintained Fair Isaac Corporation (NYSE:FICO) rating on Wednesday, January 24. Stephens has “Hold” rating and $154.0 target. As per Friday, April 27, the company rating was maintained by Barclays Capital.

More important recent Fair Isaac Corporation (NYSE:FICO) news were published by: Benzinga.com which released: “Fair Isaac’s Q2 Earnings Preview” on April 26, 2018, also Prnewswire.com published article titled: “FICO Announces Pricing of $400 Million in Senior Notes”, Prnewswire.com published: “FICO Announces Proposed Offering of $400 Million in Senior Notes” on April 30, 2018. More interesting news about Fair Isaac Corporation (NYSE:FICO) was released by: Prnewswire.com and their article: “FICO to Present at Upcoming Investor Conference” with publication date: May 02, 2018.

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 $5.37 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 48.9 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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