Fiserv Company Profile (NASDAQ:FISV)

Fiserv trades on the NASDAQ under the ticker symbol "FISV."

Fiserv, Inc. (NASDAQ:FISV) posted its quarterly earnings data on Tuesday, August, 1st. The company reported $1.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.23 by $0.04. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.42 billion. Fiserv had a return on equity of 41.79% and a net margin of 16.04%. Fiserv's quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.08 earnings per share. View Fiserv's Earnings History.

Fiserv is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Fiserv.

Fiserv updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $5.03 to $5.17 for the period, compared to the Thomson Reuters consensus estimate of $5.13.

13 brokers have issued 12-month target prices for Fiserv's shares. Their forecasts range from $101.00 to $146.25. On average, they expect Fiserv's share price to reach $126.27 in the next year. View Analyst Ratings for Fiserv.

Here are some recent quotes from research analysts about Fiserv stock:

• 1. According to Zacks Investment Research, "Fiserv has outperformed the S&P 500 index on a year-to-date basis. Meanwhile, estimates have been stable lately ahead of the company's Q2 earnings release. The company has positive record of earnings surprises in recent quarters. We note that the company has a leading position in the financial and payments solutions business along with broad and diverse customer base, strong product portfolio and high recurring revenues. We believe that these along with new customer win will  drive future growth for the company. The company is also expected to benefit from its five year cost cutting program. Nonetheless, we continue to be wary of stricter regulations in the banking/financial services industry and stiff competition." (7/19/2017)
• 2. Cantor Fitzgerald analysts commented, "FISV remains focused on drivers of incremental growth, which are off to a slower start than expected, which management attributes to timing. The drivers and their adoption rate are Agiliti (Low Adoption), Mobiliti (Moderate), DNA (High), EMV (High), Now Network (Moderate), and Integrated Payments (Low). These growth drivers are expected to add 25-40bps to annual revenue growth in 2017, 30-60bps in 2018, and 40-70bps in 2019." (6/20/2017)
• 3. Jefferies Group LLC analysts commented, "FISV's Q4 earnings were soft on revs (hurt by an unexpected miss in International). Slightly lower operating margins than our model were offset by a lower share count, which drove in-line Q4 EPS. We believe F17 organic revenue guidance of 4.0%-5.0% growth is somewhat conservative, and we like the solid FY EPS guidance (ie, $5.10 at the midpoint vs. Street at $4.97; though helped quite a bit by a lower ongoing tax rate). Maintain Buy." (2/9/2017)

Some companies that are related to Fiserv include First Data Corporation (FDC), Global Payments (GPN), FleetCor Technologies (FLT), Western Union Company (The) (WU), Worldpay Group PLC (WPG), Euronet Worldwide (EEFT), WEX (WEX), Paysafe Group Plc (PAYS), Moneygram International (MGI), QIWI PLC (QIWI), Paypoint plc (PAY), Net 1 UEPS Technologies (UEPS), SafeCharge International Group Ltd (SCH), Newtek Business Services Corp. (NEWT), Planet Payment (PLPM), Earthport plc (EPO), CardConnect Corp (CCN) and Heartland Payment Systems (HPY).

Fiserv's management team includes the folowing people:

• Jeffery W. Yabuki, President, Chief Executive Officer, Director
• Robert W. Hau, Chief Financial Officer, Treasurer
• Kevin P. Gregoire, Group President of Financial Institutions Group
• Devin McGranahan, Group President, Billing and Payments Group
• Kevin J. Schultz, Group President- Digital Banking Group
• Steven Tait, Group President - International Group
• Byron C. Vielehr, Group President - Depository Institution Services Group
• Mark A. Ernst, Chief Operating Officer
• Kenneth F. Best, Principal Accounting Officer
• Lynn S. McCreary, Chief Legal Officer, Secretary

Fiserv's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.85%), BlackRock Inc. (6.88%), State Street Corp (4.15%), FMR LLC (3.19%), Longview Partners Guernsey LTD (2.06%) and Alliancebernstein L.P. (1.63%). Company insiders that own Fiserv stock include Daniel P Kearney, Devin Mcgranahan, J Donald Sherman, Jeffery W Yabuki, Kevin P Gregoire, Kim M Robak, Lynn S Mccreary, Rahul Gupta, Steven Tait and Thomas J Hirsch. View Institutional Ownership Trends for Fiserv.

Fiserv's stock was sold by a variety of institutional investors in the last quarter, including Findlay Park Partners LLP, Longview Partners Guernsey LTD, American Century Companies Inc., Winslow Capital Management LLC, TIAA CREF Investment Management LLC, Bank of New York Mellon Corp, Quantitative Investment Management LLC and State Street Corp. Company insiders that have sold Fiserv stock in the last year include Jeffery W Yabuki, Kevin P Gregoire, Lynn S Mccreary and Rahul Gupta. View Insider Buying and Selling for Fiserv.

Fiserv's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Voya Investment Management LLC, BlackRock Inc., Vanguard Group Inc., Arrowstreet Capital Limited Partnership, Pictet Asset Management Ltd., Alliancebernstein L.P. and UBS Asset Management Americas Inc.. Company insiders that have bought Fiserv stock in the last two years include Devin Mcgranahan and J Donald Sherman. View Insider Buying and Selling for Fiserv.

Shares of Fiserv can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Fiserv stock can currently be purchased for approximately $120.36.