Fiserv Inc. [NASDAQ: FISV] stock went on an upward path that rose over 0.63% on Wednesday, amounting to a one-week price increase of more than 2.40%.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Over the last 12 months, FISV stock rose by 18.57%. The one-year Fiserv Inc. stock forecast points to a potential upside of 9.18. The average equity rating for FISV stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $74.89 billion, with 633.60 million shares outstanding and 620.79 million shares in the current float. Compared to the average trading volume of 3.16M shares, FISV stock reached a trading volume of 3183238 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 $127.52 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 2.10. 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 Underweight, with their previous recommendation back on January 09, 2023. While these analysts kept the previous recommendation, Atlantic Equities dropped their target price from $130 to $105. The new note on the price target was released on October 12, 2022, representing the official price target for Fiserv Inc. stock. On July 14, 2022, analysts decreased their price target for FISV shares from 123 to 97.
The Average True Range (ATR) for Fiserv Inc. is set at 2.32, with the Price to Sales ratio for FISV stock in the period of the last 12 months amounting to 4.22. The Price to Book ratio for the last quarter was 2.38, with the Price to Cash per share for the same quarter was set at 1.39. Price to Free Cash Flow for FISV in the course of the last twelve months was 23.86 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 2.40. With this latest performance, FISV shares gained by 9.51% in over the last four-week period, additionally plugging by 12.26% over the last 6 months – not to mention a rise of 18.57% 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 61.49, with the RSI for the last a single of trading hit 60.10, and the three-weeks RSI is set at 61.57 for Fiserv Inc. [FISV]. The present Moving Average for the last 50 days of trading for this stock 106.90, while it was recorded at 115.32 for the last single week of trading, and 101.37 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 +21.93 and a Gross Margin at +54.95. Fiserv Inc.’s Net Margin is presently recorded at +14.26.
Return on Equity for this stock inclined to 8.19, with Return on Assets sitting at 3.16.
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 14.00%.
Fiserv Inc. [FISV] Insider Position Details
There are presently around $65,608 million, or 92.50% of FISV stock, in the hands of institutional investors. The top three institutional holders of FISV stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 53,232,748, which is approximately 10.198% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 50,669,809 shares of the stock with an approximate value of $5.87 billion in FISV stocks shares; and BLACKROCK INC., currently with $4.88 billion in FISV stock with ownership of nearly -0.699% of the company’s market capitalization.
Positions in Fiserv Inc. stocks held by institutional investors increased at the end of Tuesday and at the time of the Tuesday reporting period, where 674 institutional holders increased their position in Fiserv Inc. [NASDAQ:FISV] by around 35,713,585 shares. Additionally, 642 investors decreased positions by around 42,593,591 shares, while 206 investors held positions by with 488,207,600 shares. The mentioned changes placed institutional holdings at 566,514,776 shares, according to the latest SEC report filing. FISV stock had 182 new institutional investments in for a total of 4,368,081 shares, while 87 institutional investors sold positions of 13,795,799 shares during the same period.