Fiserv Inc. [NASDAQ: FISV] loss -4.30% or -4.31 points to close at $95.82 with a heavy trading volume of 2608669 shares. The company report on June 9, 2022 that 1,000 Banks and Credit Unions Now Live with Zelle® via Fiserv.
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Nekoosa Port Edwards State Bank is the 1,000th financial institution to offer Zelle® through a turnkey Fiserv implementation.
Nekoosa Port Edwards State Bank today became the 1,000th financial institution to offer Zelle® via Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions.
It opened the trading session at $99.40, the shares rose to $99.40 and dropped to $95.78, the range by which the price of stock traded the whole day. The daily chart for FISV points out that the company has recorded -7.82% loss over the past six months. However, it is still -6.57% lower than its most recent low trading price.
If we look at the average trading volume of 3.00M shares, FISV reached to a volume of 2608669 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $126.97 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 2.00. 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.
Goldman have made an estimate for Fiserv Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 18, 2022. While these analysts kept the previous recommendation, Loop Capital raised their target price to Buy. The new note on the price target was released on May 03, 2022, representing the official price target for Fiserv Inc. stock. Previously, the target price had yet another drop from $144 to $126, while Cowen kept a Market Perform rating on FISV stock.
The Average True Range (ATR) for Fiserv Inc. is set at 2.75, with the Price to Sales ratio for FISV stock in the period of the last 12 months amounting to 3.77. The Price to Book ratio for the last quarter was 1.99, with the Price to Cash per share for the same quarter was set at 4.32. Price to Free Cash Flow for FISV in the course of the last twelve months was 23.74 with Quick ratio for the last quarter at 1.00.
Trading performance analysis for FISV stock
Fiserv Inc. [FISV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.99. With this latest performance, FISV shares gained by 3.28% in over the last four-week period, additionally sinking by -7.82% over the last 6 months – not to mention a drop of -12.49% 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 43.94, with the RSI for the last a single of trading hit 39.52, and the three-weeks RSI is set at 45.76 for Fiserv Inc. [FISV]. The present Moving Average for the last 50 days of trading for this stock 98.96, while it was recorded at 99.43 for the last single week of trading, and 102.78 for the last 200 days.
Fiserv Inc. [FISV]: A deeper dive into fundamental analysis
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.
Fiserv Inc. [FISV]: An earnings per share (EPS) analysis
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%.
An analysis of insider ownership at Fiserv Inc. [FISV]
There are presently around $58,494 million, or 92.10% of FISV stock, in the hands of institutional investors. The top three institutional holders of FISV stocks are: VANGUARD GROUP INC with ownership of 47,887,053, which is approximately 0.729% of the company’s market cap and around 0.50% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 43,567,217 shares of the stock with an approximate value of $4.36 billion in FISV stocks shares; and BLACKROCK INC., currently with $4.12 billion in FISV stock with ownership of nearly 2.07% 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 601 institutional holders increased their position in Fiserv Inc. [NASDAQ:FISV] by around 28,628,464 shares. Additionally, 642 investors decreased positions by around 39,419,662 shares, while 214 investors held positions by with 516,129,477 shares. The mentioned changes placed institutional holdings at 584,177,603 shares, according to the latest SEC report filing. FISV stock had 96 new institutional investments in for a total of 6,216,847 shares, while 111 institutional investors sold positions of 4,913,065 shares during the same period.