Fiserv (NASDAQ:FISV) Sets New 1-Year Low – Time to Sell?

Fiserv, Inc. (NASDAQ:FISV) reached a new 52-week low on Thursday . The stock traded as low as $51.78 and last traded at $52.18, with a volume of 1493915 shares traded. The stock had previously closed at $53.28.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Cantor Fitzgerald decreased their target price on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. JPMorgan Chase & Co. decreased their target price on Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. BMO Capital Markets increased their target price on Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday, May 15th. Loop Capital decreased their target price on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Finally, Royal Bank Of Canada set a $75.00 target price on Fiserv and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $82.23.

Fiserv Price Performance

The company has a market capitalization of $28.41 billion, a PE ratio of 9.03, a P/E/G ratio of 1.51 and a beta of 0.79. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The company has a 50-day moving average of $57.41 and a two-hundred day moving average of $61.20.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating 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 company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts anticipate that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fiserv

Several large investors have recently made changes to their positions in the business. Chicago Capital LLC bought a new stake in shares of Fiserv in the fourth quarter worth about $1,316,000. Vulcan Value Partners LLC bought a new stake in Fiserv during the third quarter worth approximately $103,398,000. ZWJ Investment Counsel Inc. bought a new stake in Fiserv during the fourth quarter worth approximately $1,141,000. Robeco Institutional Asset Management B.V. bought a new stake in Fiserv during the fourth quarter worth approximately $4,127,000. Finally, KLP Kapitalforvaltning AS bought a new stake in Fiserv during the fourth quarter worth approximately $14,907,000. 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.