Fiserv, Inc. (NASDAQ:FISV – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as $51.78 and last traded at $52.18, with a volume of 1493915 shares traded. The stock had previously closed at $53.28.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on FISV shares. TD Cowen reissued a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Royal Bank Of Canada set a $75.00 price objective on Fiserv and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Weiss Ratings raised Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Finally, Citigroup reduced their price objective on Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $82.23.
Get Our Latest Stock Analysis on FISV
Fiserv Stock Performance
Fiserv (NASDAQ:FISV – Get Free Report) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts expect that Fiserv, Inc. will post 8.14 EPS for the current year.
Institutional Trading of Fiserv
A number of large investors have recently modified their holdings of FISV. Oakworth Capital Inc. purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $25,000. American National Bank & Trust purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC purchased a new stake in shares of Fiserv in the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Fiserv Company Profile
Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.
Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.
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