Fiserv (NASDAQ:FISV) Sets New 1-Year Low – Should You Sell?

Fiserv, Inc. (NASDAQ:FISVGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as $47.33 and last traded at $47.36, with a volume of 4110942 shares changing hands. The stock had previously closed at $47.86.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

Analyst Ratings Changes

A number of brokerages have issued reports on FISV. Wells Fargo & Company lowered their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Susquehanna reaffirmed a “positive” rating and issued a $91.00 price target (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. Mizuho dropped their price target on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Citigroup cut their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Tigress Financial restated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research note on Wednesday, March 11th. Nine analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $82.23.

Read Our Latest Report on FISV

Fiserv Trading Up 2.0%

The firm has a market cap of $25.73 billion, a P/E ratio of 8.18, a price-to-earnings-growth ratio of 1.32 and a beta of 0.79. The stock has a fifty day simple moving average of $56.20 and a 200 day simple moving average of $60.40. 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:FISVGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The company’s quarterly revenue 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, research analysts expect that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Insider Transactions at Fiserv

In related news, CFO Paul M. Todd bought 10,060 shares of the stock in a transaction on Wednesday, June 17th. The shares were acquired at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the purchase, the chief financial officer owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. The trade was a 5.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in shares of Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC lifted its holdings in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares during the period. Jump Financial LLC bought a new position in shares of Fiserv in the 2nd quarter worth approximately $1,001,000. Finally, Gamco Investors INC. ET AL increased its holdings in Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after buying an additional 350 shares during the last quarter. 90.98% of the stock is owned by hedge funds and other institutional investors.

About Fiserv

(Get Free Report)

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.

Further Reading

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