Fiserv (NASDAQ:FISV) Sets New 12-Month Low – What’s Next?

Fiserv, Inc. (NASDAQ:FISV) hit a new 52-week low on Tuesday . The company traded as low as $55.86 and last traded at $56.39, with a volume of 972655 shares. The stock had previously closed at $57.71.

Analyst Ratings Changes

A number of analysts have recently commented on FISV shares. BNP Paribas Exane boosted their price target on Fiserv from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 11th. B. Riley Financial reduced their price objective on Fiserv from $72.00 to $69.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd. Jefferies Financial Group increased their price objective on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a report on Wednesday, January 21st. Cantor Fitzgerald reissued a “neutral” rating and issued a $70.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Finally, Stephens cut their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Ten investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and a consensus price target of $109.74.

Fiserv Stock Performance

The company has a market capitalization of $30.26 billion, a P/E ratio of 8.92, a PEG ratio of 1.76 and a beta of 0.77. The stock’s fifty day moving average price is $61.80 and its 200-day moving average price is $80.98. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.Fiserv’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company posted $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, research analysts anticipate that Fiserv, Inc. will post 10.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Fiserv

Several institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in Fiserv by 91.9% during the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after purchasing an additional 2,033 shares during the last quarter. Bison Wealth LLC increased its position in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares during the period. Schnieders Capital Management LLC. increased its position in Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after buying an additional 483 shares during the period. Journey Strategic Wealth LLC lifted its holdings in shares of Fiserv by 6.4% during the second quarter. Journey Strategic Wealth LLC now owns 1,718 shares of the business services provider’s stock worth $296,000 after buying an additional 103 shares in the last quarter. Finally, AlphaCore Capital LLC boosted its position in shares of Fiserv by 52.6% in the second quarter. AlphaCore Capital LLC now owns 2,709 shares of the business services provider’s stock valued at $467,000 after acquiring an additional 934 shares during the period. 90.98% of the stock is currently owned by institutional investors and hedge funds.

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.