Fiserv (NASDAQ:FISV) Research Coverage Started at Loop Capital

Loop Capital initiated coverage on shares of Fiserv (NASDAQ:FISV) in a report released on Tuesday morning, Marketbeat.com reports. The firm issued a hold rating and a $62.00 target price on the business services provider’s stock.

Other analysts have also issued reports about the company. Truist Financial cut their price target on Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a research note on Thursday, February 26th. Compass Point decreased their price target on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. JPMorgan Chase & Co. dropped their price target on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Cantor Fitzgerald reiterated a “neutral” rating and set a $70.00 price target on shares of Fiserv in a report on Wednesday, March 11th. Finally, TD Cowen reissued a “hold” rating on shares of Fiserv in a research note on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $106.13.

Fiserv Stock Performance

NASDAQ:FISV opened at $56.16 on Tuesday. The stock has a 50 day simple moving average of $60.06 and a 200 day simple moving average of $77.32. The stock has a market cap of $30.03 billion, a P/E ratio of 8.86, a PEG ratio of 1.71 and a beta of 0.79. Fiserv has a 1-year low of $52.91 and a 1-year high of $222.62. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter last year, the business earned $2.51 EPS. The company’s quarterly revenue was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Research analysts anticipate that Fiserv will post 10.23 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. bought a new position in Fiserv during the fourth quarter valued at about $3,507,063,000. Dodge & Cox purchased a new stake in Fiserv in the 4th quarter worth about $3,323,210,000. State Street Corp purchased a new stake in Fiserv in the 4th quarter worth about $1,588,663,000. Geode Capital Management LLC bought a new stake in Fiserv in the 4th quarter valued at about $854,215,000. Finally, Amundi bought a new stake in Fiserv in the 4th quarter valued at about $825,819,000. 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.