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 Stock Performance

Shares of Fiserv stock opened at $110.72 on Wednesday. The stock has a market capitalization of $70.81 billion, a price-to-earnings ratio of 35.95, a price-to-earnings-growth ratio of 1.26 and a beta of 0.88. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.05 and a quick ratio of 1.05. The business has a 50-day moving average of $97.40 and a 200 day moving average of $98.39. Fiserv has a 12 month low of $87.03 and a 12 month high of $119.86.

Fiserv (NASDAQ:FISV - Get Rating) last announced its quarterly earnings data on Tuesday, July 26th. The business services provider reported $1.56 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.01. Fiserv had a net margin of 11.92% and a return on equity of 12.40%. The firm had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.06 billion. During the same quarter in the previous year, the business posted $1.37 earnings per share. The business's quarterly revenue was up 9.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Fiserv will post 6.49 earnings per share for the current year.

Analysts Set New Price Targets

FISV has been the subject of a number of research analyst reports. Morgan Stanley raised their target price on Fiserv from $98.00 to $106.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 27th. Truist Financial decreased their target price on Fiserv from $105.00 to $95.00 and set a "hold" rating for the company in a report on Thursday, June 30th. Robert W. Baird cut their price target on shares of Fiserv from $144.00 to $132.00 in a report on Wednesday, July 13th. Wells Fargo & Company lifted their price objective on shares of Fiserv to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, July 27th. Finally, TheStreet lowered shares of Fiserv from a "b-" rating to a "c+" rating in a research note on Friday, July 8th. Nine equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $125.08.

Insider Activity

In related news, COO Guy Chiarello sold 4,000 shares of the company's stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $105.00, for a total transaction of $420,000.00. Following the sale, the chief operating officer now directly owns 212,864 shares in the company, valued at $22,350,720. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, COO Guy Chiarello sold 4,000 shares of the stock in a transaction on Wednesday, July 27th. The stock was sold at an average price of $105.00, for a total value of $420,000.00. Following the transaction, the chief operating officer now owns 212,864 shares of the company's stock, valued at $22,350,720. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Holdings L.P. Valueact purchased 291,659 shares of the firm's stock in a transaction on Monday, June 13th. The shares were acquired at an average cost of $89.65 per share, with a total value of $26,147,229.35. Following the completion of the acquisition, the director now directly owns 14,439,435 shares in the company, valued at $1,294,495,347.75. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 49,000 shares of company stock worth $5,072,700. Corporate insiders own 1.00% of the company's stock.