Fiserv Inc (NASDAQ:FISV) – Investment analysts at Northcoast Research issued their Q1 2018 earnings per share (EPS) estimates for shares of Fiserv in a research report issued on Thursday. Northcoast Research analyst K. Mehta anticipates that the business services provider will post earnings of $1.47 per share for the quarter. Northcoast Research also issued estimates for Fiserv’s Q2 2018 earnings at $1.48 EPS, Q3 2018 earnings at $1.54 EPS, Q4 2018 earnings at $1.75 EPS and FY2019 earnings at $7.00 EPS.

Several other research firms also recently issued reports on FISV. Cantor Fitzgerald reaffirmed a “hold” rating and set a $126.00 price objective on shares of Fiserv in a report on Wednesday, November 1st. Zacks Investment Research raised shares of Fiserv from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Citigroup upped their price objective on shares of Fiserv from $138.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday. Cowen reaffirmed a “hold” rating and set a $135.00 price objective on shares of Fiserv in a report on Thursday. Finally, SunTrust Banks raised shares of Fiserv from a “hold” rating to a “buy” rating in a report on Friday. Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $139.86.

Shares of Fiserv (NASDAQ:FISV) opened at $137.46 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.01 and a current ratio of 1.02. The stock has a market cap of $27,727.54, a price-to-earnings ratio of 23.70, a P/E/G ratio of 1.88 and a beta of 0.87. Fiserv has a 1-year low of $108.85 and a 1-year high of $144.20.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Wednesday, February 7th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.03. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.51 billion. Fiserv had a net margin of 21.88% and a return on equity of 44.58%. Fiserv’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.16 EPS.

A number of institutional investors and hedge funds have recently bought and sold shares of FISV. Coastline Trust Co acquired a new stake in Fiserv in the 3rd quarter valued at about $202,000. Univest Corp of Pennsylvania acquired a new stake in Fiserv in the 4th quarter valued at about $202,000. Paragon Capital Management Ltd acquired a new stake in Fiserv in the 3rd quarter valued at about $206,000. Associated Banc Corp acquired a new stake in Fiserv in the 3rd quarter valued at about $261,000. Finally, Claraphi Advisory Network LLC acquired a new stake in Fiserv in the 4th quarter valued at about $267,000. Hedge funds and other institutional investors own 88.49% of the company’s stock.

In related news, insider Kevin J. Schultz sold 3,439 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $131.51, for a total transaction of $452,262.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffery W. Yabuki sold 2,000 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $128.35, for a total transaction of $256,700.00. Following the sale, the insider now owns 236,835 shares of the company’s stock, valued at approximately $30,397,772.25. The disclosure for this sale can be found here. Insiders have sold a total of 49,439 shares of company stock valued at $6,605,353 in the last quarter. 1.80% of the stock is currently owned by corporate insiders.

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Fiserv Company Profile

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

Earnings History and Estimates for Fiserv (NASDAQ:FISV)

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