Fiserv (NASDAQ:FISV) Sets New 12-Month Low – What’s Next?

Fiserv, Inc. (NASDAQ:FISV)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $55.86 and last traded at $56.39, with a volume of 972655 shares. The stock had previously closed at $57.71.

Analysts Set New Price Targets

FISV has been the subject of several analyst reports. Tigress Financial reiterated a “buy” rating and issued a $95.00 price objective on shares of Fiserv in a research note on Wednesday, March 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Compass Point dropped their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Mizuho cut their price target on Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, December 22nd. Finally, TD Cowen reissued a “hold” rating on shares of Fiserv in a research report on Monday, January 12th. Ten research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Fiserv has an average rating of “Hold” and an average target price of $109.74.

Fiserv Price Performance

The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $30.26 billion, a price-to-earnings ratio of 8.92, a PEG ratio of 1.76 and a beta of 0.77. The business has a fifty day moving average price of $61.80 and a 200 day moving average price of $80.98.

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

Hedge Funds Weigh In On Fiserv

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. acquired a new stake in Fiserv in the fourth quarter valued at approximately $3,507,063,000. Dodge & Cox acquired a new stake in shares of Fiserv during the 4th quarter valued at $3,323,210,000. Capital World Investors grew its position in Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after acquiring an additional 6,714,536 shares during the last quarter. State Street Corp acquired a new position in Fiserv in the 4th quarter worth about $1,588,663,000. Finally, Geode Capital Management LLC acquired a new position in Fiserv in the 4th quarter worth about $854,215,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

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.