Stocks of Fiserv, Inc. (NYSE:FI) traded higher last session on Wall Street, up 0.68% to $153.29.
FI stock price is now 0.92% away from the 50-day moving average and 15.70% away from the 200-day moving average. The market capitalization of the company currently stands at $90.50B.
With the price target maintained at $168, Oppenheimer recently Upgraded its rating from Perform to Outperform for Fiserv, Inc. (NYSE: FI). , while ‘KeyBanc Capital Markets’ rates the stock as ‘Overweight’
In other news, Chiarello Guy, Chief Operating Officer sold 23,929 shares of the company’s stock on Apr 15 ’24. The stock was sold for $3,632,143 at an average price of $151.79. Upon completion of the transaction, the Chief Operating Officer now directly owns 163,699 shares in the company, valued at $25.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 20 ’24, Chief Operating Officer Chiarello Guy sold 63,646 shares of the business’s stock. A total of $9,801,484 was realized by selling the stock at an average price of $154.00. This leaves the insider owning 163,699 shares of the company worth $25.09 million. A total of 0.74% of the company’s stock is owned by insiders.
During the past 12 months, Fiserv, Inc. has had a low of $109.11 and a high of $159.99. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 1.06, and a quick ratio of 1.06.
According to the Information Technology Services Company, earnings per share came in at 1.81, beating analysts’ expectations of 1.79 by 0.02. This compares to $0.91 EPS in the same period last year. The net profit margin was 16.68% and return on equity was 11.01% for FI. The company reported revenue of $4.88 billion for the quarter, compared to $4.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.39 percent. For the current quarter, analysts expect FI to generate $4.85B in revenue.
