Fiserv Inc. [NASDAQ: FISV] stock went on a downward path that fall over -0.22% on Wednesday, amounting to a one-week price decrease of less than -9.71%. The company report on May 10, 2022 that Fiserv to Present at MoffettNathanson’s Annual Payments, Processors and IT Services Summit.
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that Frank Bisignano, President and Chief Executive Officer, will present virtually at MoffettNathanson’s Annual Payments, Processors and IT Services Summit on Thursday, May 12, 2022 at 10:00 a.m. ET.
A live webcast and archived replay of the presentation will be available on the investor relations section of the Fiserv website at investors.fiserv.com.
Over the last 12 months, FISV stock dropped by -18.10%. The one-year Fiserv Inc. stock forecast points to a potential upside of 27.65. The average equity rating for FISV stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $62.24 billion, with 650.80 million shares outstanding and 600.35 million shares in the current float. Compared to the average trading volume of 3.53M shares, FISV stock reached a trading volume of 3947925 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fiserv Inc. [FISV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FISV shares is $127.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FISV stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for Fiserv Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 03, 2022. While these analysts kept the previous recommendation, Cowen dropped their target price from $144 to $126. The new note on the price target was released on April 12, 2022, representing the official price target for Fiserv Inc. stock. Previously, the target price had yet another raise to $110, while Stephens analysts kept a Equal-Weight rating on FISV stock.
The Average True Range (ATR) for Fiserv Inc. is set at 3.24, with the Price to Sales ratio for FISV stock in the period of the last 12 months amounting to 3.75. The Price to Book ratio for the last quarter was 1.93, with the Price to Cash per share for the same quarter was set at 1.28. Price to Free Cash Flow for FISV in the course of the last twelve months was 23.58 with Quick ratio for the last quarter at 1.00.
FISV Stock Performance Analysis:
Fiserv Inc. [FISV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.71. With this latest performance, FISV shares dropped by -7.97% in over the last four-week period, additionally sinking by -7.07% over the last 6 months – not to mention a drop of -18.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FISV stock in for the last two-week period is set at 38.74, with the RSI for the last a single of trading hit 35.17, and the three-weeks RSI is set at 41.04 for Fiserv Inc. [FISV]. The present Moving Average for the last 50 days of trading for this stock 98.97, while it was recorded at 94.85 for the last single week of trading, and 104.26 for the last 200 days.
Insight into Fiserv Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Fiserv Inc. [FISV] shares currently have an operating margin of +15.46 and a Gross Margin at +49.86. Fiserv Inc.’s Net Margin is presently recorded at +8.22.
Return on Equity for this stock inclined to 4.22, with Return on Assets sitting at 1.77.
Fiserv Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
FISV Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FISV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fiserv Inc. go to 15.41%.
Fiserv Inc. [FISV] Insider Position Details
There are presently around $55,002 million, or 94.80% of FISV stock, in the hands of institutional investors. The top three institutional holders of FISV stocks are: VANGUARD GROUP INC with ownership of 47,540,583, which is approximately -0.053% of the company’s market cap and around 0.50% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 44,832,098 shares of the stock with an approximate value of $4.16 billion in FISV stocks shares; and BLACKROCK INC., currently with $3.74 billion in FISV stock with ownership of nearly -6.138% of the company’s market capitalization.
Positions in Fiserv Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 627 institutional holders increased their position in Fiserv Inc. [NASDAQ:FISV] by around 49,066,172 shares. Additionally, 632 investors decreased positions by around 62,851,593 shares, while 212 investors held positions by with 480,906,351 shares. The mentioned changes placed institutional holdings at 592,824,116 shares, according to the latest SEC report filing. FISV stock had 122 new institutional investments in for a total of 10,443,758 shares, while 126 institutional investors sold positions of 7,411,794 shares during the same period.