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.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. 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 report on Wednesday, July 27th. Evercore ISI upgraded Fiserv from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $101.00 to $149.00 in a research report on Thursday. Wells Fargo & Company lifted their price target on Fiserv to $100.00 and gave the company an "outperform" rating in a research report on Wednesday, July 27th. Tigress Financial lifted their price target on Fiserv from $150.00 to $152.00 in a research report on Friday, May 27th. Finally, Robert W. Baird reduced their price target on Fiserv from $144.00 to $132.00 in a research report on Wednesday, July 13th. Nine analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $125.08.

Fiserv Trading Up 1.3 %

Shares of NASDAQ:FISV traded up $1.41 during midday trading on Friday, reaching $109.37. The company had a trading volume of 2,959,870 shares, compared to its average volume of 3,365,094. Fiserv has a one year low of $87.03 and a one year high of $119.86. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.66. The firm's fifty day moving average price is $97.01 and its 200-day moving average price is $98.28. The stock has a market cap of $69.95 billion, a PE ratio of 35.51, a price-to-earnings-growth ratio of 1.25 and a beta of 0.88.

Fiserv (NASDAQ:FISV - Get Rating) last released its earnings results 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 return on equity of 12.40% and a net margin of 11.92%. The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.06 billion. During the same quarter in the previous year, the company posted $1.37 EPS. Fiserv's revenue for the quarter was up 9.8% on a year-over-year basis. On average, equities research analysts anticipate that Fiserv will post 6.49 earnings per share for the current year.

Insider Activity at Fiserv

In other Fiserv news, Director Holdings L.P. Valueact purchased 500,000 shares of Fiserv stock in a transaction that occurred on Friday, June 10th. The shares were bought at an average price of $94.18 per share, for a total transaction of $47,090,000.00. Following the acquisition, the director now directly owns 14,147,776 shares in the company, valued at $1,332,437,543.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Fiserv news, Director Holdings L.P. Valueact purchased 500,000 shares of Fiserv stock in a transaction that occurred on Friday, June 10th. The shares were bought at an average price of $94.18 per share, for a total transaction of $47,090,000.00. Following the acquisition, the director now directly owns 14,147,776 shares in the company, valued at $1,332,437,543.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Guy Chiarello sold 30,000 shares of the company's stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $105.09, for a total value of $3,152,700.00. Following the transaction, the chief operating officer now owns 237,053 shares in the company, valued at approximately $24,911,899.77. 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 in the last 90 days. Company insiders own 1.00% of the company's stock.