Fiserv (FISV) Receiving Somewhat Favorable Press Coverage, Report Shows
News articles about Fiserv (NASDAQ:FISV) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fiserv earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 45.9927492610953 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Wedbush Weighs in on Fiserv, Inc.’s Q3 2017 Earnings $FISV (4-traders.com)
- Fiserv, Inc. (FISV) Insider Sells $2,162,740.00 in Stock (americanbankingnews.com)
- Wedbush Weighs in on Fiserv, Inc.’s Q3 2017 Earnings (FISV) (americanbankingnews.com)
- Fiserv, Inc. (FISV) Scheduled to Post Earnings on Tuesday (americanbankingnews.com)
- Fiserv, Inc. (FISV) Position Down in Latest Report from Legacy Private Trust Co. Last Quarter – First News 24 (firstnewspaper24.com)
A number of brokerages recently commented on FISV. BidaskClub downgraded shares of Fiserv from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. BMO Capital Markets increased their price target on shares of Fiserv from $112.00 to $133.00 and gave the company a “market perform” rating in a report on Tuesday, August 1st. Zacks Investment Research raised shares of Fiserv from a “hold” rating to a “buy” rating and set a $140.00 price target for the company in a report on Wednesday, July 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $128.00 price target (up previously from $123.00) on shares of Fiserv in a report on Tuesday, August 8th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $146.00 price target (up previously from $136.00) on shares of Fiserv in a report on Tuesday, October 10th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Fiserv presently has a consensus rating of “Hold” and a consensus target price of $127.77.
Fiserv (NASDAQ FISV) opened at 127.07 on Thursday. Fiserv has a 12 month low of $92.81 and a 12 month high of $129.81. The stock has a market capitalization of $26.74 billion, a price-to-earnings ratio of 31.11 and a beta of 0.82. The stock’s 50 day moving average is $125.92 and its 200-day moving average is $123.09.
Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, August 1st. The business services provider reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.04). The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Fiserv had a net margin of 16.04% and a return on equity of 41.79%. Fiserv’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm posted $1.08 earnings per share. On average, equities research analysts expect that Fiserv will post $5.10 earnings per share for the current year.
In related news, insider Jeffery W. Yabuki sold 17,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $125.54, for a total transaction of $2,134,180.00. Following the sale, the insider now directly owns 330,835 shares of the company’s stock, valued at approximately $41,533,025.90. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kim M. Robak sold 6,124 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $124.54, for a total transaction of $762,682.96. Following the sale, the director now directly owns 42,141 shares in the company, valued at $5,248,240.14. The disclosure for this sale can be found here. Insiders sold a total of 57,124 shares of company stock worth $7,133,943 over the last three months. Insiders own 1.80% of the company’s stock.
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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.
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