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 Down 1.8 %

FISV Stock opened at $108.72 on Thursday. Fiserv has a one year low of $87.03 and a one year high of $119.86. The firm has a market cap of $69.54 billion, a PE ratio of 35.30, a PEG ratio of 1.27 and a beta of 0.88. The firm's 50 day moving average price is $97.57 and its 200-day moving average price is $98.46. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.05 and a current ratio of 1.05.

Fiserv (NASDAQ:FISV - Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The business services provider reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $4.06 billion. During the same period in the previous year, the firm earned $1.37 EPS. Fiserv's revenue was up 9.8% on a year-over-year basis. On average, equities research analysts anticipate that Fiserv will post 6.49 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on FISV shares. Tigress Financial lifted their price objective on Fiserv from $150.00 to $152.00 in a research note on Friday, May 27th. Wells Fargo & Company boosted their price target on Fiserv to $100.00 and gave the company an "outperform" rating in a report on Wednesday, July 27th. Morgan Stanley raised their price objective on shares of Fiserv from $98.00 to $106.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 27th. Robert W. Baird decreased their target price on shares of Fiserv from $144.00 to $132.00 in a research note on Wednesday, July 13th. Finally, Loop Capital initiated coverage on shares of Fiserv in a research report on Monday, May 2nd. They set a "buy" rating and a $125.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $124.25.

Insider Buying and Selling at Fiserv

In related news, Director Holdings L.P. Valueact purchased 291,659 shares of the company's stock in a transaction on Monday, June 13th. The shares were bought at an average cost of $89.65 per share, for a total transaction of $26,147,229.35. Following the completion of the purchase, the director now directly owns 14,439,435 shares of the company's stock, valued at approximately $1,294,495,347.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Holdings L.P. Valueact acquired 291,659 shares of the firm's stock in a transaction on Monday, June 13th. The stock was bought at an average price of $89.65 per share, for a total transaction of $26,147,229.35. Following the completion of the purchase, the director now directly owns 14,439,435 shares of the company's stock, valued at approximately $1,294,495,347.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Guy Chiarello sold 4,000 shares of the firm's stock in a transaction dated 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 directly owns 212,864 shares in the company, valued at approximately $22,350,720. The disclosure for this sale can be found here. Insiders have sold a total of 49,000 shares of company stock worth $5,072,700 over the last ninety days. Corporate insiders own 1.00% of the company's stock.