Wells Fargo slashes price target on Fiserv Inc. [FISV] – find out why.

Fiserv Inc. [NASDAQ: FISV] price plunged by -1.50 percent to reach at -$1.69. The company report on March 20, 2023 that Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions.

Strategic relationship advances embedded finance capabilities that help brands create innovative debit programs in step with the realities of people’s lives.

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Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators to bring financial products and services to market with greater speed and growth potential.

A sum of 3848857 shares traded at recent session while its average daily volume was at 3.53M shares. Fiserv Inc. shares reached a high of $114.355 and dropped to a low of $111.30 until finishing in the latest session at $111.35.

The one-year FISV stock forecast points to a potential upside of 13.09. The average equity rating for FISV stock is currently 2.10, 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 $128.12 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 3.08, with the Price to Sales ratio for FISV stock in the period of the last 12 months amounting to 3.99. The Price to Book ratio for the last quarter was 2.29, with the Price to Cash per share for the same quarter was set at 1.42. Price to Free Cash Flow for FISV in the course of the last twelve months was 22.55 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 1.91. With this latest performance, FISV shares dropped by -2.17% in over the last four-week period, additionally plugging by 8.99% over the last 6 months – not to mention a rise of 11.84% 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 48.70, with the RSI for the last a single of trading hit 48.01, and the three-weeks RSI is set at 50.11 for Fiserv Inc. [FISV]. The present Moving Average for the last 50 days of trading for this stock 110.58, while it was recorded at 110.57 for the last single week of trading, and 102.49 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 Total Capital for FISV is now 7.22, given the latest momentum, and Return on Invested Capital for the company is 4.83. Return on Equity for this stock inclined to 8.19, with Return on Assets sitting at 3.16. When it comes to the capital structure of this company, Fiserv Inc. [FISV] has a Total Debt to Total Equity ratio set at 71.92. Additionally, FISV Total Debt to Total Capital is recorded at 41.83, with Total Debt to Total Assets ending up at 26.43. Long-Term Debt to Equity for the company is recorded at 69.99, with the Long-Term Debt to Total Capital now at 40.71.

Reflecting on the efficiency of the workforce at the company, Fiserv Inc. [FISV] managed to generate an average of $61,707 per employee. Receivables Turnover for the company is 5.50 with a Total Asset Turnover recorded at a value of 0.22.Fiserv Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.


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 13.63%.

Fiserv Inc. [FISV] Insider Position Details

There are presently around $63,090 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 $5.64 billion in FISV stocks shares; and BLACKROCK INC., currently with $4.69 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 675 institutional holders increased their position in Fiserv Inc. [NASDAQ:FISV] by around 35,698,506 shares. Additionally, 641 investors decreased positions by around 42,593,846 shares, while 207 investors held positions by with 488,296,505 shares. The mentioned changes placed institutional holdings at 566,588,857 shares, according to the latest SEC report filing. FISV stock had 181 new institutional investments in for a total of 4,361,245 shares, while 88 institutional investors sold positions of 13,799,156 shares during the same period.


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