Fiserv, Inc. (NYSE:FI – Free Report) – Stock analysts at Zacks Research raised their Q3 2026 earnings per share estimates for shares of Fiserv in a research note issued to investors on Wednesday, February 26th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings of $3.28 per share for the quarter, up from their prior forecast of $2.91. The consensus estimate for Fiserv’s current full-year earnings is $10.23 per share.
A number of other equities research analysts have also weighed in on the stock. Stephens lifted their target price on shares of Fiserv from $255.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Susquehanna lifted their price objective on Fiserv from $230.00 to $270.00 and gave the company a “positive” rating in a research report on Monday, February 10th. Citigroup upped their target price on Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. BMO Capital Markets raised their target price on Fiserv from $233.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, February 6th. Finally, Compass Point assumed coverage on Fiserv in a research report on Wednesday, November 20th. They set a “buy” rating and a $278.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $239.83.
Fiserv Stock Up 0.8 %
Shares of Fiserv stock opened at $237.65 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86. Fiserv has a 12-month low of $145.98 and a 12-month high of $238.59. The company has a market cap of $133.39 billion, a P/E ratio of 44.09, a PEG ratio of 1.52 and a beta of 0.94. The company’s fifty day simple moving average is $217.30 and its two-hundred day simple moving average is $201.84.
Fiserv (NYSE:FI – Get Free Report) last posted its earnings results on Wednesday, February 5th. The business services provider reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Vega Investment Solutions purchased a new position in Fiserv in the 4th quarter worth about $25,000. Park Square Financial Group LLC purchased a new stake in Fiserv during the 4th quarter valued at $28,000. Valley National Advisers Inc. purchased a new position in shares of Fiserv in the 4th quarter worth $29,000. Marshall Investment Management LLC purchased a new position in shares of Fiserv in the 4th quarter worth $29,000. Finally, Compass Financial Services Inc bought a new stake in shares of Fiserv in the fourth quarter worth $31,000. 90.98% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Fiserv news, COO Guy Chiarello sold 45,000 shares of Fiserv stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $235.55, for a total value of $10,599,750.00. Following the completion of the sale, the chief operating officer now owns 227,711 shares of the company’s stock, valued at approximately $53,637,326.05. This trade represents a 16.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.75% of the stock is owned by company insiders.
Fiserv declared that its Board of Directors has authorized a stock buyback program on Thursday, February 20th that allows the company to repurchase 60,000,000 outstanding shares. This repurchase authorization allows the business services provider to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its shares are undervalued.
Fiserv Company Profile
Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.
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