Fiserv Inc. [FISV] Revenue clocked in at $16.61 billion, down -1.51% YTD: What’s Next?

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Fiserv Inc. [NASDAQ: FISV] price surged by 4.25 percent to reach at $4.17. The company report on July 26, 2022 that Fiserv Reports Second Quarter 2022 Results.


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GAAP revenue growth of 10% both in the quarter and year to date; GAAP EPS increased 130% in the quarter and 128% year to date; Organic revenue growth of 12% in the quarter and 11% year to date; Adjusted EPS increased 14% in the quarter and 17% year to date; Company raises 2022 organic revenue growth outlook to 9% to 11% and adjusted EPS outlook to $6.45 to $6.55, or growth of 16% to 17%.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today reported financial results for the second quarter of 2022.

A sum of 7015425 shares traded at recent session while its average daily volume was at 3.28M shares. Fiserv Inc. shares reached a high of $103.94 and dropped to a low of $97.925 until finishing in the latest session at $102.22.

The one-year FISV stock forecast points to a potential upside of 16.11. The average equity rating for FISV stock is currently 2.00, trading closer to a bullish pattern in the stock market.

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 $121.85 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.

Wells Fargo have made an estimate for Fiserv Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on July 14, 2022. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on May 18, 2022, representing the official price target for Fiserv Inc. stock. Previously, the target price had yet another raise to $125, while Loop Capital analysts kept a Buy rating on FISV stock. On April 12, 2022, analysts decreased their price target for FISV shares from 144 to 126.

The Average True Range (ATR) for Fiserv Inc. is set at 2.76, with the Price to Sales ratio for FISV stock in the period of the last 12 months amounting to 3.95. The Price to Book ratio for the last quarter was 2.13, with the Price to Cash per share for the same quarter was set at 4.40. Price to Free Cash Flow for FISV in the course of the last twelve months was 24.86 with Quick ratio for the last quarter at 1.00.

FISV Stock Performance Analysis:

Fiserv Inc. [FISV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.78. With this latest performance, FISV shares gained by 8.53% in over the last four-week period, additionally sinking by -0.51% over the last 6 months – not to mention a drop of -8.20% 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 67.51, with the RSI for the last a single of trading hit 74.31, and the three-weeks RSI is set at 62.16 for Fiserv Inc. [FISV]. The present Moving Average for the last 50 days of trading for this stock 95.06, while it was recorded at 99.43 for the last single week of trading, and 99.90 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 15.49%.

Fiserv Inc. [FISV] Insider Position Details

There are presently around $56,771 million, or 92.80% of FISV stock, in the hands of institutional investors. The top three institutional holders of FISV stocks are: VANGUARD GROUP INC with ownership of 47,887,053, 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 $4.27 billion in FISV stocks shares; and BLACKROCK INC., currently with $4.03 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 July and at the time of the July reporting period, where 582 institutional holders increased their position in Fiserv Inc. [NASDAQ:FISV] by around 26,962,583 shares. Additionally, 656 investors decreased positions by around 40,725,002 shares, while 197 investors held positions by with 511,313,175 shares. The mentioned changes placed institutional holdings at 579,000,760 shares, according to the latest SEC report filing. FISV stock had 91 new institutional investments in for a total of 5,918,905 shares, while 113 institutional investors sold positions of 4,934,679 shares during the same period.

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