Fiserv (NYSE:FI) Sets New 12-Month Low - Should You Sell?

Key Points

• Shares of Fiserv, Inc. reached a new **52-week low** of $128.11, trading with a significant volume of over 2.29 million shares.
• Equity analysts have adjusted their **price targets**, with Mizuho reducing it to $165.00, while UBS lowered it to $170.00, amidst a predominantly **buy** recommendation consensus.
• Fiserv reported quarterly earnings of **$2.47** EPS, surpassing estimates, with revenue showing an **8.0% increase** compared to the previous year.

Shares of Fiserv, Inc. (NYSE:FI - Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $128.11 and last traded at $128.36, with a volume of 2296822 shares changing hands. The stock had previously closed at $130.59.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Mizuho reduced their price target on shares of Fiserv from $194.00 to $165.00 and set an "outperform" rating for the company in a research report on Tuesday, July 29th. UBS Group lowered their price target on Fiserv from $225.00 to $170.00 and set a "buy" rating for the company in a report on Friday, July 25th. Wall Street Zen raised Fiserv from a "hold" rating to a "buy" rating in a report on Saturday, September 20th. Truist Financial increased their target price on Fiserv from $181.00 to $185.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Finally, Morgan Stanley cut their price objective on Fiserv from $268.00 to $266.00 and set an "overweight" rating on the stock in a report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $207.36.

Fiserv Stock Down 1.7%

The business has a 50 day simple moving average of $138.45 and a 200 day simple moving average of $169.83. The stock has a market cap of $69.77 billion, a PE ratio of 21.43, a P/E/G ratio of 0.85 and a beta of 0.94. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.09 and a quick ratio of 1.09.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.04. The business had revenue of $5.20 billion during the quarter, compared to analysts' expectations of $5.20 billion. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.The firm's revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.13 EPS. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. On average, equities research analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sowell Financial Services LLC increased its position in shares of Fiserv by 9.7% in the second quarter. Sowell Financial Services LLC now owns 3,540 shares of the business services provider's stock valued at $610,000 after acquiring an additional 314 shares during the last quarter. Gotham Asset Management LLC grew its position in shares of Fiserv by 5.4% in the first quarter. Gotham Asset Management LLC now owns 74,674 shares of the business services provider's stock valued at $16,490,000 after purchasing an additional 3,809 shares during the last quarter. Jacobs & Co. CA grew its position in Fiserv by 26.5% during the second quarter. Jacobs & Co. CA now owns 53,993 shares of the business services provider's stock worth $9,308,000 after buying an additional 11,322 shares in the last quarter. Westend Capital Management LLC grew its position in Fiserv by 78,332.0% during the second quarter. Westend Capital Management LLC now owns 19,608 shares of the business services provider's stock worth $3,381,000 after buying an additional 19,583 shares in the last quarter. Finally, Swedbank AB boosted its holdings in shares of Fiserv by 1.5% in the 1st quarter. Swedbank AB now owns 340,946 shares of the business services provider's stock valued at $75,291,000 after purchasing an additional 5,104 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.

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