Fiserv (NYSE:FI – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 10.100-10.300 for the period, compared to the consensus earnings per share estimate of 10.220. The company issued revenue guidance of -.
Fiserv Stock Performance
Shares of FI stock opened at $177.55 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86. Fiserv has a 12-month low of $146.25 and a 12-month high of $238.59. The business’s 50 day moving average is $216.08 and its two-hundred day moving average is $211.78. The company has a market capitalization of $99.17 billion, a P/E ratio of 32.94, a P/E/G ratio of 1.52 and a beta of 0.91.
Fiserv (NYSE:FI – Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. The firm had revenue of $4.79 billion for the quarter, compared to analyst estimates of $4.86 billion. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. Analysts expect that Fiserv will post 10.23 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on FI shares. Monness Crespi & Hardt lowered Fiserv from a “neutral” rating to a “sell” rating and set a $145.00 price objective for the company. in a research note on Wednesday, April 9th. Wells Fargo & Company increased their price objective on Fiserv from $240.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. The Goldman Sachs Group upgraded Fiserv from a “neutral” rating to a “buy” rating and raised their price objective for the company from $246.00 to $260.00 in a report on Wednesday, April 2nd. StockNews.com initiated coverage on shares of Fiserv in a report on Sunday, March 23rd. They set a “buy” rating for the company. Finally, Redburn Atlantic reissued a “sell” rating and issued a $150.00 price target on shares of Fiserv in a research note on Thursday, April 17th. Two analysts have rated the stock with a sell rating, one has given a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $233.33.
Insider Activity
In related news, COO Guy Chiarello sold 45,000 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $235.55, for a total value of $10,599,750.00. Following the sale, the chief operating officer now owns 227,711 shares in the company, valued at approximately $53,637,326.05. The trade was a 16.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.75% of the company’s stock.
Institutional Trading of Fiserv
A hedge fund recently raised its stake in Fiserv stock. Brighton Jones LLC increased its position in shares of Fiserv, Inc. (NYSE:FI – Free Report) by 91.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,245 shares of the business services provider’s stock after buying an additional 2,033 shares during the period. Brighton Jones LLC’s holdings in Fiserv were worth $872,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 90.98% of the company’s stock.
About Fiserv
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.
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