Fiserv (NASDAQ:FISV) Hits New 52-Week Low – Should You Sell?

Fiserv, Inc. (NASDAQ:FISVGet Free Report) shares hit a new 52-week low on Thursday . The company traded as low as $57.56 and last traded at $57.68, with a volume of 1674249 shares changing hands. The stock had previously closed at $58.50.

Fiserv News Summary

Here are the key news stories impacting Fiserv this week:

Analysts Set New Price Targets

A number of research analysts recently commented on FISV shares. B. Riley Financial lowered their price objective on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research report on Monday, February 23rd. JPMorgan Chase & Co. decreased their target price on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Stephens lowered their price target on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Fiserv has a consensus rating of “Hold” and a consensus price target of $109.74.

Get Our Latest Research Report on FISV

Fiserv Stock Up 1.2%

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. The business’s fifty day moving average price is $63.14 and its two-hundred day moving average price is $85.10. The firm has a market cap of $30.34 billion, a P/E ratio of 8.95, a P/E/G ratio of 1.73 and a beta of 0.77.

Fiserv (NASDAQ:FISVGet Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the prior year, the company posted $2.51 earnings per share. Fiserv’s revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, equities research analysts anticipate that Fiserv, Inc. will post 10.23 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FISV. World Investment Advisors acquired a new stake in shares of Fiserv in the fourth quarter worth $3,832,000. Corient Private Wealth LLC acquired a new position in Fiserv in the 4th quarter valued at $14,157,000. Union Savings Bank acquired a new position in Fiserv in the 4th quarter valued at $114,000. Hsbc Holdings PLC bought a new position in Fiserv in the 4th quarter worth $86,490,000. Finally, Rehmann Capital Advisory Group acquired a new position in Fiserv during the 4th quarter worth $733,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

About Fiserv

(Get Free Report)

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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