Fiserv’s (FISV) “Buy” Rating Reaffirmed at Tigress Financial

Fiserv (NASDAQ:FISV)‘s stock had its “buy” rating reissued by equities researchers at Tigress Financial in a note issued to investors on Wednesday,Benzinga reports. They presently have a $95.00 price objective on the business services provider’s stock. Tigress Financial’s target price would indicate a potential upside of 62.12% from the stock’s previous close.

Several other equities analysts have also recently issued reports on FISV. TD Cowen restated a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. B. Riley Financial dropped their target price on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. BNP Paribas Exane increased 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. Finally, JPMorgan Chase & Co. lowered their price objective on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Fiserv has an average rating of “Hold” and a consensus price target of $109.74.

Fiserv Trading Down 1.4%

Shares of NASDAQ FISV traded down $0.85 during midday trading on Wednesday, reaching $58.60. The company had a trading volume of 3,158,570 shares, compared to its average volume of 8,952,435. The firm’s fifty day moving average price is $63.72 and its 200-day moving average price is $86.06. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. Fiserv has a one year low of $57.79 and a one year high of $227.00. The stock has a market cap of $31.34 billion, a PE ratio of 9.24, a price-to-earnings-growth ratio of 1.88 and a beta of 0.77.

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. acquired a new position in shares of Fiserv in the 4th quarter valued at $3,507,063,000. Dodge & Cox purchased a new stake in Fiserv during the 4th quarter valued at about $3,323,210,000. Capital World Investors grew its stake in Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after purchasing an additional 6,714,536 shares during the last quarter. State Street Corp acquired a new position in shares of Fiserv in the fourth quarter valued at about $1,588,663,000. Finally, Geode Capital Management LLC purchased a new position in shares of Fiserv in the fourth quarter worth about $854,215,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

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.