In yesterday’s Wall Street session, Fiserv, Inc. (NYSE:FI) shares traded at $124.83, down -0.33% from the previous session.
37 analysts cover Fiserv, Inc. (NYSE:FI), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $175.00 and a low of $120.00, we find $145.50. Given the previous closing price of $125.24, this indicates a potential upside of 16.18 percent. FI stock price is now 7.11% away from the 50-day moving average and 5.70% away from the 200-day moving average. The market capitalization of the company currently stands at $74.92B.
The stock has received a hold rating from 13 analysts and a buy rating from 18. Brokers who have rated the stock have averaged $142.20 as their price target over the next twelve months.
In other news, Chiarello Guy, Chief Operating Officer sold 6,750 shares of the company’s stock on Nov 01. The stock was sold for $768,825 at an average price of $113.90. Upon completion of the transaction, the Chief Operating Officer now directly owns 153,606 shares in the company, valued at $19.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 02, Chief Operating Officer Chiarello Guy sold 6,750 shares of the business’s stock. A total of $757,148 was realized by selling the stock at an average price of $112.17. This leaves the insider owning 160,356 shares of the company worth $20.02 million. Insiders disposed of 7,647,275 shares of company stock worth roughly $954.61 million over the past 1 year. A total of 0.87% of the company’s stock is owned by insiders.
On Thursday morning Fiserv, Inc. (NYSE: FI) stock kicked off with the opening price of $126.64. During the past 12 months, Fiserv, Inc. has had a low of $97.25 and a high of $130.74. As of last week, the company has a debt-to-equity ratio of 0.79, a current ratio of 1.07, and a quick ratio of 1.07. According to the stock market information, the enterprise value for the company is $97.87B, which is based on a 26.12 price-to-earnings ratio, a 1.85 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for FI is $116.57 and a two-hundred day moving average price translates $118.19 for the stock.
The latest earnings results from Fiserv, Inc. (NYSE: FI) was released for Sep, 2023. According to the Information Technology Services Company, earnings per share came in at $1.96, beating analysts’ expectations of $1.93 by 0.03. This compares to $0.76 EPS in the same period last year. The net profit margin was 15.85% and return on equity was 9.95% for FI. The company reported revenue of $4.87 billion for the quarter, compared to $4.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.86 percent. For the current quarter, analysts expect FI to generate $4.69B in revenue.
Fiserv, Inc.(FI) Company Profile
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. Fiserv, Inc. was incorporated in 1984 and is headquartered in Brookfield, Wisconsin.