Fiserv (NASDAQ:FISV) Raised to “Hold” at Barclays

Fiserv (NASDAQ:FISVGet Free Report) was upgraded by equities research analysts at Barclays to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other analysts have also recently commented on the stock. Rothschild & Co Redburn reduced their price objective on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a research note on Tuesday, May 12th. BNP Paribas Exane lowered shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a research report on Friday, June 5th. Robert W. Baird set a $78.00 target price on shares of Fiserv in a report on Wednesday, May 6th. BMO Capital Markets increased their target price on shares of Fiserv from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, May 15th. Finally, Susquehanna reissued a “positive” rating and set a $91.00 price target (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $77.33.

Check Out Our Latest Stock Analysis on Fiserv

Fiserv Trading Up 2.1%

Shares of FISV stock opened at $51.65 on Tuesday. The business’s fifty day moving average price is $53.47 and its 200 day moving average price is $58.96. The firm has a market capitalization of $27.54 billion, a PE ratio of 8.75, a P/E/G ratio of 1.42 and a beta of 0.82. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. Fiserv has a 1-year low of $47.04 and a 1-year high of $171.07.

Fiserv (NASDAQ:FISVGet Free Report) last released its 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 company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, sell-side analysts forecast that Fiserv will post 8.13 EPS for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On Fiserv

Hedge funds have recently modified their holdings of the company. Oakworth Capital Inc. acquired a new position in shares of Fiserv in the fourth quarter valued at approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in Fiserv in the 4th quarter worth approximately $25,000. American National Bank & Trust purchased a new stake in Fiserv in the 4th quarter worth approximately $27,000. Kimelman & Baird LLC acquired a new position in Fiserv in the 4th quarter valued at $27,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Fiserv during the 4th quarter worth $27,000. 90.98% of the stock is owned by institutional investors and hedge funds.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

  • Positive Sentiment: Market chatter around a possible sale of Fiserv’s STAR debit network to a consortium of large U.S. banks is boosting sentiment, since proceeds could help fund growth initiatives and reduce concern about the company’s slower legacy businesses.
  • Positive Sentiment: Several recent analyst notes have kept a constructive tone on the stock, with Barclays initiating coverage and JPMorgan and Morgan Stanley maintaining hold-style ratings, suggesting Wall Street sees some upside from the asset-sale story even as risks remain.
  • Neutral Sentiment: Separate commentary pieces described Fiserv as a “fallen compounder” and a fintech leader, but these were largely perspective pieces rather than new fundamentals, so their impact on the stock is likely limited.
  • Negative Sentiment: Investor caution remains elevated after Fiserv’s president, Dhivya Suryadevara, resigned this week, adding to leadership turnover and raising execution concerns for the market.
  • Negative Sentiment: J.P. Morgan also lowered its price target on Fiserv and kept a neutral/hold stance, reinforcing concerns about near-term growth and operational uncertainty despite the potential benefit from a network sale.

Fiserv Company Profile

(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

Analyst Recommendations for Fiserv (NASDAQ:FISV)

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