Fiserv, Inc. (NASDAQ:FISV) Given Average Recommendation of “Hold” by Brokerages

Fiserv, Inc. (NASDAQ:FISV) has received an average recommendation of “Hold” from the thirty-seven analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, twenty-five have given a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $82.2333.

FISV has been the subject of a number of analyst reports. Weiss Ratings lowered shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Wells Fargo & Company dropped their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft cut their target price on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Susquehanna restated a “positive” rating and set a $91.00 target price (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Finally, Tigress Financial reissued a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research note on Wednesday, March 11th.

Fiserv Stock Up 4.0%

NASDAQ FISV opened at $49.45 on Friday. The stock has a fifty day moving average of $55.52 and a 200-day moving average of $60.06. The stock has a market capitalization of $26.37 billion, a P/E ratio of 8.38, a price-to-earnings-growth ratio of 1.38 and a beta of 0.79. Fiserv has a 52 week low of $47.04 and a 52 week high of $175.92. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. The business had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities research analysts forecast that Fiserv will post 8.14 EPS for the current year.

Insider Activity

In other news, CFO Paul M. Todd purchased 10,060 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the acquisition, the chief financial officer directly owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Fiserv

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. bought a new stake in Fiserv during the 4th quarter worth approximately $3,507,063,000. Dodge & Cox bought a new position in Fiserv in the fourth quarter valued at approximately $3,323,210,000. State Street Corp bought a new position in Fiserv in the fourth quarter valued at approximately $1,588,663,000. Geode Capital Management LLC acquired a new position in shares of Fiserv in the fourth quarter valued at approximately $854,215,000. Finally, Amundi bought a new stake in Fiserv in the 4th quarter valued at $825,819,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

About Fiserv

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.