News coverage about Fiserv (NASDAQ:FISV) has been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fiserv earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 46.2818182751247 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Fiserv’s stock gains after stock split goes into effect (finance.yahoo.com)
- Fiserv, Inc., (NASDAQ: FISV) – Hot Stock’s Highlights – Stock Watch (stocksnewstimes.com)
- Investors watching summary on Fiserv, Inc. (FISV) – Wall Street Morning (wallstreetmorning.com)
- Fiserv (FISV) Downgraded by ValuEngine (americanbankingnews.com)
- Fiserv Inc (FISV) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
Fiserv (FISV) traded down $0.16 during trading hours on Tuesday, hitting $73.46. 1,756,910 shares of the stock were exchanged, compared to its average volume of 2,447,884. The firm has a market capitalization of $30,668.88, a price-to-earnings ratio of 12.67, a P/E/G ratio of 2.07 and a beta of 0.83. Fiserv has a 1 year low of $56.65 and a 1 year high of $74.46. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.02 and a quick ratio of 1.02.
Fiserv (NASDAQ:FISV) last released its quarterly earnings data on Wednesday, February 7th. The business services provider reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.01. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.51 billion. Fiserv had a net margin of 21.88% and a return on equity of 44.58%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 earnings per share. equities research analysts forecast that Fiserv will post 6.23 EPS for the current fiscal year.
A number of research analysts have issued reports on the stock. ValuEngine lowered shares of Fiserv from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. BidaskClub upgraded shares of Fiserv from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 31st. SunTrust Banks upgraded shares of Fiserv from a “hold” rating to a “buy” rating in a research note on Friday, February 9th. Guggenheim restated a “buy” rating and set a $80.00 price target on shares of Fiserv in a research note on Monday, January 29th. Finally, Robert W. Baird upped their price target on shares of Fiserv from $73.00 to $80.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $70.37.
In other news, insider Jeffery W. Yabuki sold 17,000 shares of the stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $138.59, for a total value of $2,356,030.00. Following the sale, the insider now owns 203,051 shares in the company, valued at $28,140,838.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Denis Oleary sold 12,160 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $142.64, for a total transaction of $1,734,502.40. The disclosure for this sale can be found here. Insiders sold 63,160 shares of company stock worth $8,727,282 in the last quarter. Company insiders own 1.80% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Somewhat Positive News Coverage Somewhat Unlikely to Impact Fiserv (FISV) Share Price” was originally reported by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://www.thelincolnianonline.com/2018/03/20/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-fiserv-fisv-share-price.html.
Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.
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