Fiserv (NASDAQ:FISV) Now Covered by Analysts at Loop Capital

Stock analysts at Loop Capital initiated coverage on shares of Fiserv (NASDAQ:FISV) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm set a “hold” rating and a $62.00 price target on the business services provider’s stock. Loop Capital’s price objective suggests a potential upside of 12.71% from the stock’s previous close.

A number of other analysts have also issued reports on FISV. Citigroup restated a “neutral” rating and set a $68.00 price target (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. Cantor Fitzgerald restated a “neutral” rating and set a $70.00 price target on shares of Fiserv in a report on Wednesday, March 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Fiserv in a report on Monday, December 29th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Finally, BNP Paribas Exane raised their target price on shares of Fiserv from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $106.13.

Fiserv Price Performance

Shares of Fiserv stock opened at $55.01 on Tuesday. The company has a 50-day simple moving average of $60.66 and a two-hundred day simple moving average of $78.18. Fiserv has a twelve month low of $52.91 and a twelve month high of $227.00. The stock has a market capitalization of $29.42 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 1.67 and a beta of 0.76. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08.

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

Institutional Trading of Fiserv

A number of institutional investors and hedge funds have recently made changes to their positions in FISV. Glenview Trust co raised its position in Fiserv by 0.3% in the second quarter. Glenview Trust co now owns 32,864 shares of the business services provider’s stock valued at $5,666,000 after purchasing an additional 85 shares during the period. Trust Co. of Vermont lifted its stake in shares of Fiserv by 1.3% in the third quarter. Trust Co. of Vermont now owns 6,897 shares of the business services provider’s stock valued at $889,000 after purchasing an additional 90 shares during the period. Fayez Sarofim & Co boosted its position in Fiserv by 0.7% during the second quarter. Fayez Sarofim & Co now owns 13,439 shares of the business services provider’s stock worth $2,317,000 after purchasing an additional 95 shares in the last quarter. Jacobsen Capital Management lifted its holdings in shares of Fiserv by 5.8% in the third quarter. Jacobsen Capital Management now owns 1,767 shares of the business services provider’s stock valued at $228,000 after purchasing an additional 97 shares in the last quarter. Finally, Stonebridge Capital Advisors LLC raised its holdings in shares of Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after acquiring an additional 98 shares during the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

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.