3 days Ago By ABMN Staff
Shares of Fiserv, Inc. ( NYSE:FI – Get Free Report ) have been assigned an average rating of “Moderate Buy” from the twenty-eight brokerages that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, twenty-one have issued a buy recommendation and two have issued a strong buy recommendation on the company.
The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $174.32. FI has been the topic of several analyst reports.
TD Cowen upped their price target on shares of Fiserv from $175.00 to $182.00 and gave the stock a “buy” rating in a research report on Thursday, July 25th.
William Blair raised shares of Fiserv to a “strong-buy” rating in a report on Wednesday, July 24th. KeyCorp increased their price objective on shares of Fiserv from $170.00 to $180.
00 and gave the stock an “overweight” rating in a research note on Thursday, July 25th. Morgan Stanley raised Fiserv from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $154.00 to $175.
00 in a research note on Monday, July 22nd. Finally, BTIG Research assumed coverage on shares of Fiserv in a report on Wednesday, August 28th. They set a “buy” rating and a $200.
00 price target for the company. Read Our Latest Stock Analysis on Fiserv Insiders Place Their Bets Institutional Trading of Fiserv Several hedge funds have recently modified their holdings of FI. Aveo Capital Partners LLC purchased a new position in shares of Fiserv during the 4th quarter worth $309,000.
9258 Wealth Management LLC acquired a new position in Fiserv in the fourth quarter worth about $552,000. Avantax Advisory Services Inc. bought a new position in Fiserv during the 4th quarter worth approximately $1,367,000.
Janney Montgomery Scott LLC bought a new position in Fiserv during the fourth quarter worth $7,997,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Fiserv in the 4th quarter valued at about $1,743,000. 90.
98% of the stock is owned by institutional investors and hedge funds. Fiserv Price Performance Shares of FI stock opened at $174.89 on Monday.
The stock’s fifty day simple moving average is $163.69 and its 200 day simple moving average is $155.90.
The company has a debt-to-equity ratio of 0.85, a current ratio of 1.06 and a quick ratio of 1.
06. Fiserv has a one year low of $109.11 and a one year high of $175.
48. The firm has a market cap of $102.33 billion, a price-to-earnings ratio of 32.
69, a P/E/G ratio of 1.38 and a beta of 0.93.
Fiserv ( NYSE:FI – Get Free Report ) last issued its quarterly earnings results on Wednesday, July 24th. The business services provider reported $2.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.
10 by $0.03. The business had revenue of $5.
11 billion during the quarter, compared to analyst estimates of $4.81 billion. Fiserv had a net margin of 17.
45% and a return on equity of 16.41%. Fiserv’s revenue for the quarter was up 7.
4% compared to the same quarter last year. During the same quarter last year, the business posted $1.81 earnings per share.
On average, analysts expect that Fiserv will post 8.74 earnings per share for the current fiscal year. Fiserv Company Profile ( Get Free Report Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally.
It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments. Featured Stories Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter .
.
