News stories about Fiserv (NASDAQ:FISV) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fiserv earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 46.8777978426771 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Top Ranked Momentum Stocks to Buy for February 28th (zacks.com)
- What To Expect From Fiserv in 2018? (nasdaq.com)
- State of Tennessee Treasury Department Increases Holdings in Fiserv Inc (FISV) (americanbankingnews.com)
- Fiserv Inc (FISV) Position Trimmed by Ashfield Capital Partners LLC (americanbankingnews.com)
- What is mean by Low Beta Stock?: Fiserv, Inc. (FISV) – Wallstreet Investorplace (wallstreetinvestorplace.com)
A number of equities analysts have commented on the company. BMO Capital Markets boosted their price objective on Fiserv from $133.00 to $152.00 and gave the stock an “average” rating in a research note on Thursday, February 8th. Stephens reissued a “hold” rating and issued a $146.00 price objective on shares of Fiserv in a research note on Friday, February 9th. Guggenheim reissued a “buy” rating and issued a $160.00 price objective on shares of Fiserv in a research note on Monday, January 29th. Argus set a $148.00 price objective on Fiserv and gave the stock a “buy” rating in a research note on Friday, January 12th. Finally, SunTrust Banks reissued a “hold” rating and issued a $130.00 price objective on shares of Fiserv in a research note on Wednesday, November 1st. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Fiserv has an average rating of “Hold” and an average target price of $140.73.
Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Wednesday, February 7th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.03. Fiserv had a return on equity of 44.58% and a net margin of 21.88%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the firm posted $1.16 earnings per share. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. equities analysts predict that Fiserv will post 6.23 EPS for the current fiscal year.
In other Fiserv news, insider Byron C. Vielehr sold 10,000 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $131.03, for a total value of $1,310,300.00. Following the transaction, the insider now owns 19,719 shares of the company’s stock, valued at $2,583,780.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kevin J. Schultz sold 3,439 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $131.51, for a total value of $452,262.89. The disclosure for this sale can be found here. Insiders have sold 76,599 shares of company stock worth $10,489,845 in the last ninety days. 1.80% of the stock is currently owned by insiders.
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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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