Fiserv (NASDAQ:FISV) Hits New 52-Week Low – Time to Sell?

Fiserv, Inc. (NASDAQ:FISV)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $51.78 and last traded at $52.18, with a volume of 1493915 shares. The stock had previously closed at $53.28.

Analyst Upgrades and Downgrades

FISV has been the subject of a number of analyst reports. Susquehanna reissued a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a research report on Monday, May 4th. BNP Paribas Exane cut shares of Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a research note on Friday, June 5th. Citigroup cut their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Keefe, Bruyette & Woods decreased their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Finally, TD Cowen reiterated a “buy” rating on shares of Fiserv in a research report on Friday, May 15th. Nine equities research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and an average price target of $82.23.

Fiserv Price Performance

The firm has a market cap of $28.68 billion, a price-to-earnings ratio of 9.12, a P/E/G ratio of 1.49 and a beta of 0.79. The business’s 50-day moving average price is $57.33 and its two-hundred day moving average price is $61.10. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping 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 $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s revenue for the quarter was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, research analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Institutional Trading of Fiserv

Institutional investors and hedge funds have recently made changes to their positions in the stock. Stonebridge Capital Advisors LLC increased its position in Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the period. Bison Wealth LLC increased its holdings in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. ROI Financial Advisors LLC lifted its position in Fiserv by 10.3% in the 3rd quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 175 shares during the last quarter. WASHINGTON TRUST Co grew its position in Fiserv by 3.5% in the 3rd quarter. WASHINGTON TRUST Co now owns 5,172 shares of the business services provider’s stock worth $667,000 after purchasing an additional 175 shares during the last quarter. Finally, Notis McConarty Edward increased its position in Fiserv by 0.5% in the 3rd quarter. Notis McConarty Edward now owns 35,840 shares of the business services provider’s stock valued at $4,621,000 after acquiring an additional 185 shares during the period. 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.