Analysts Set Fiserv, Inc. (NASDAQ:FISV) PT at $82.23

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

Several analysts have commented on FISV shares. TD Cowen reiterated a “buy” rating on shares of Fiserv in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft decreased their price target on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Truist Financial set a $58.00 price target on Fiserv and gave the company a “hold” rating in a report on Friday, May 29th. Royal Bank Of Canada set a $75.00 price objective on Fiserv and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Finally, Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th.

Insider Activity

In related news, CFO Paul M. Todd purchased 10,060 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were purchased 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 in the company, valued at $9,150,117.90. The trade was a 5.78% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.06% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FISV. CX Institutional lifted its holdings in shares of Fiserv by 118.6% during the 2nd quarter. CX Institutional now owns 4,779 shares of the business services provider’s stock valued at $234,000 after buying an additional 2,593 shares during the period. JANA Partners Management LP grew its holdings in shares of Fiserv by 97.5% in the first quarter. JANA Partners Management LP now owns 4,435,605 shares of the business services provider’s stock worth $247,507,000 after acquiring an additional 2,190,085 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Fiserv by 7.5% in the first quarter. NewEdge Advisors LLC now owns 29,894 shares of the business services provider’s stock worth $1,668,000 after acquiring an additional 2,093 shares during the period. Caerus Investment Advisors LLC purchased a new stake in Fiserv during the first quarter valued at $208,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in Fiserv during the first quarter valued at $101,000. Institutional investors own 90.98% of the company’s stock.

Fiserv Price Performance

Shares of Fiserv stock opened at $52.33 on Friday. The company has a 50-day simple moving average of $54.24 and a two-hundred day simple moving average of $59.49. The stock has a market capitalization of $27.90 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 1.46 and a beta of 0.82. 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 posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts anticipate that Fiserv will post 8.14 EPS for the current fiscal year.

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.