Fiserv (NASDAQ:FISV) Hits New 1-Year Low – Here’s What Happened

Fiserv, Inc. (NASDAQ:FISV)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $47.33 and last traded at $47.36, with a volume of 4110942 shares traded. The stock had previously closed at $47.86.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Weiss Ratings cut Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. BMO Capital Markets raised their target price on shares of Fiserv from $55.00 to $60.00 and gave the stock a “market perform” rating in a report on Friday, May 15th. Loop Capital cut their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Finally, Rothschild & Co Redburn reduced their price target on shares of Fiserv from $50.00 to $40.00 and set a “sell” rating for the company in a report on Tuesday, May 12th. Nine analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv has a consensus rating of “Hold” and an average target price of $82.23.

Fiserv Stock Performance

The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $25.17 billion, a P/E ratio of 8.00, a P/E/G ratio of 1.34 and a beta of 0.80. The stock has a fifty day moving average of $56.56 and a 200-day moving average of $60.65.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.73 billion. The company’s quarterly 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, research analysts anticipate that Fiserv, Inc. will post 8.14 EPS for the current year.

Insider Activity at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. This trade represents a 5.78% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.06% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fiserv

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oakworth Capital Inc. bought a new position in shares of Fiserv in the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC bought a new stake in Fiserv during the fourth quarter worth about $25,000. American National Bank & Trust acquired a new position in Fiserv during the fourth quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new position in Fiserv during the fourth quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC bought a new position in Fiserv in the fourth quarter valued at approximately $27,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Fiserv Company Profile

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.