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 traded up $1.41 during trading on Friday, reaching $109.37. The company's stock had a trading volume of 2,959,870 shares, compared to its average volume of 3,365,094. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.05 and a current ratio of 1.05. The business's fifty day moving average price is $97.01 and its 200-day moving average price is $98.29. The firm has a market cap of $69.95 billion, a price-to-earnings ratio of 35.51, a price-to-earnings-growth ratio of 1.24 and a beta of 0.88. Fiserv has a one year low of $87.03 and a one year high of $119.86.

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FISV shares. Tigress Financial raised their target price on Fiserv from $150.00 to $152.00 in a research report on Friday, May 27th. Evercore ISI raised Fiserv from an "in-line" rating to an "outperform" rating and raised their target price for the stock from $101.00 to $149.00 in a research report on Thursday. 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. Mizuho raised their target price on Fiserv from $140.00 to $145.00 and gave the stock a "buy" rating in a research report on Monday, August 1st. Finally, Robert W. Baird decreased their target price on Fiserv from $144.00 to $132.00 in a research report on Wednesday, July 13th. Nine investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $125.08.

Insider Transactions at Fiserv

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