Fiserv - FISV Stock Forecast, Price & News

Fiserv, Inc., together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform. This segment distributes through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions, and other strategic partners. The Fintech segment offers customer deposit and loan accounts, as well as manages an institution's general ledger and central information files. This segment also provides digital banking, financial and risk management, professional services and consulting, item processing and source capture, and other products and services. The Payments segment offers card transactions, such as debit, credit, and prepaid card processing and services; security and fraud protection products; card production; print services; and various network services, as well as non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. It serves business, banks, credit unions, other financial institutions, merchants, and corporate clients. The company was incorporated in 1984 and is headquartered in Brookfield, Wisconsin.

Fiserv Price Performance

Shares of FISV Stock traded up $1.41 on Friday, hitting $109.37. 2,951,188 shares of the company's stock were exchanged, compared to its average volume of 3,519,722. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.05 and a quick ratio of 1.05. Fiserv has a 12 month low of $87.03 and a 12 month high of $119.86. The stock has a market cap of $69.95 billion, a P/E ratio of 35.51, a price-to-earnings-growth ratio of 1.22 and a beta of 0.88. The company has a 50 day moving average of $96.82 and a 200 day moving average of $98.24.

Fiserv (NASDAQ:FISV - Get Rating) last issued its earnings results on Tuesday, July 26th. The business services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.55 by $0.01. Fiserv had a return on equity of 12.40% and a net margin of 11.92%. The business had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.06 billion. During the same quarter in the prior year, the firm earned $1.37 EPS. The business's revenue for the quarter was up 9.8% compared to the same quarter last year. On average, equities research analysts predict that Fiserv will post 6.49 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on FISV shares. Mizuho boosted their target price on Fiserv from $140.00 to $145.00 and gave the stock a "buy" rating in a report on Monday, August 1st. Loop Capital initiated coverage on Fiserv in a research note on Monday, May 2nd. They issued a "buy" rating and a $125.00 price target for the company. Evercore ISI upgraded Fiserv from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $101.00 to $149.00 in a research note on Thursday. Truist Financial reduced their price target on Fiserv from $105.00 to $95.00 and set a "hold" rating for the company in a research note on Thursday, June 30th. Finally, Wells Fargo & Company boosted their price target on Fiserv to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, July 27th. Nine analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $125.08.

Insiders Place Their Bets

In other news, Director Holdings L.P. Valueact bought 291,659 shares of the stock in a transaction on Monday, June 13th. The stock was acquired at an average price of $89.65 per share, with a total value of $26,147,229.35. Following the acquisition, the director now directly owns 14,439,435 shares in the company, valued at $1,294,495,347.75. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Holdings L.P. Valueact purchased 291,659 shares of the firm's stock in a transaction dated Monday, June 13th. The stock was bought at an average price of $89.65 per share, with a total value of $26,147,229.35. Following the completion of the purchase, the director now owns 14,439,435 shares in the company, valued at approximately $1,294,495,347.75. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Guy Chiarello sold 30,000 shares of the stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $105.09, for a total value of $3,152,700.00. Following the completion of the sale, the chief operating officer now directly owns 237,053 shares of the company's stock, valued at approximately $24,911,899.77. The disclosure for this sale can be found here. Insiders sold a total of 49,000 shares of company stock valued at $5,072,700 in the last 90 days. Corporate insiders own 1.00% of the company's stock.