Fiserv (NASDAQ:FISV)‘s stock had its “purchase” ranking reissued by analysis analysts at Bank of America in a analysis word issued to buyers on Tuesday, TipRanks experiences. They at the moment have a $136.00 price goal on the enterprise companies supplier’s stock. Bank of America‘s goal price would point out a possible upside of 18.08% from the corporate’s earlier shut.
Plenty of different equities analysis analysts have additionally lately commented on FISV. Raymond James raised their goal price on Fiserv from $119.00 to $120.00 and gave the corporate an “outperform” ranking in a analysis report on Wednesday, October 28th. Loop Capital assumed protection on shares of Fiserv in a report on Tuesday, September 22nd. They issued a “maintain” ranking and a $108.00 price goal on the stock. Rosenblatt Securities boosted their price goal on shares of Fiserv from $110.00 to $111.00 and gave the stock a “impartial” ranking in a analysis word on Wednesday, October 28th. Mizuho upped their price goal on Fiserv from $145.00 to $160.00 and gave the stock a “purchase” ranking in a report on Thursday, September 10th. Lastly, Moffett Nathanson upgraded shares of Fiserv from a “impartial” ranking to a “purchase” ranking and set a $145.00 price goal for the corporate in a report on Thursday, November 19th. Seven analysis analysts have rated the stock with a maintain ranking, twenty-five have assigned a purchase ranking and one has issued a powerful purchase ranking to the corporate. Fiserv has a mean ranking of “Purchase” and a mean price goal of $125.38.
NASDAQ:FISV opened at $115.18 on Tuesday. The corporate has a debt-to-equity ratio of 0.64, a fast ratio of 1.06 and a present ratio of 1.06. The stock has a market capitalization of $77.22 billion, a P/E ratio of 87.26, a P/E/G ratio of 1.41 and a beta of 0.77. The corporate’s 50-day easy shifting common is $104.90 and its 200-day easy shifting common is $101.87. Fiserv has a fifty-two week low of $73.50 and a fifty-two week excessive of $125.05.
Fiserv (NASDAQ:FISV) final introduced its quarterly earnings information on Tuesday, October 27th. The enterprise companies supplier reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.05. The enterprise had income of $3.59 billion for the quarter, in comparison with analyst estimates of $3.56 billion. Fiserv had a return on fairness of 8.75% and a internet margin of 6.01%. On common, analysis analysts forecast that Fiserv will submit 4.43 EPS for the present yr.
Fiserv declared that its Board of Administrators has approved a stock buyback program on Thursday, November 19th that enables the corporate to buyback 60,000,000 excellent shares. This buyback authorization permits the enterprise companies supplier to reacquire shares of its stock by means of open market purchases. Stock buyback applications are sometimes an indication that the corporate’s board of administrators believes its stock is undervalued.
In different Fiserv information, Chairman Jeffery W. Yabuki bought 30,000 shares of the stock in a transaction dated Wednesday, September 16th. The shares have been bought at a mean price of $102.44, for a complete transaction of $3,073,200.00. Following the transaction, the chairman now straight owns 243,837 shares within the firm, valued at roughly $24,978,662.28. The sale was disclosed in a doc filed with the SEC, which could be accessed by means of this hyperlink. Additionally, insider Man Chiarello bought 10,000 shares of the enterprise’s stock in a transaction dated Friday, October ninth. The shares have been bought at a mean price of $105.00, for a complete transaction of $1,050,000.00. Following the completion of the sale, the insider now owns 260,800 shares of the corporate’s stock, valued at roughly $27,384,000. The disclosure for this sale could be discovered right here. Over the past ninety days, insiders have bought 94,300 shares of firm stock worth $9,838,983. Insiders personal 1.60% of the corporate’s stock.
Hedge funds have lately modified their holdings of the corporate. Tokio Marine Asset Administration Co. Ltd. raised its holdings in shares of Fiserv by 3.0% in the course of the third quarter. Tokio Marine Asset Administration Co. Ltd. now owns 3,267 shares of the enterprise companies supplier’s stock worth $337,000 after buying a further 95 shares in the course of the interval. Grace Capital raised its stake in Fiserv by 2.0% within the third quarter. Grace Capital now owns 4,930 shares of the enterprise companies supplier’s stock valued at $508,000 after shopping for a further 95 shares within the final quarter. SeaCrest Wealth Administration LLC boosted its place in shares of Fiserv by 3.9% in the course of the third quarter. SeaCrest Wealth Administration LLC now owns 2,817 shares of the enterprise companies supplier’s stock worth $290,000 after buying a further 105 shares within the final quarter. Mutual Advisors LLC raised its place in shares of Fiserv by 2.9% in the course of the 2nd quarter. Mutual Advisors LLC now owns 4,021 shares of the enterprise companies supplier’s stock worth $393,000 after buying a further 115 shares within the final quarter. Lastly, Resonant Capital Advisors LLC elevated its stake in Fiserv by 3.9% within the second quarter. Resonant Capital Advisors LLC now owns 3,072 shares of the enterprise companies supplier’s stock valued at $300,000 after buying a further 116 shares over the past quarter. Institutional buyers and hedge funds personal 93.15% of the corporate’s stock.
Fiserv, Inc, along with its subsidiaries, supplies monetary companies know-how worldwide. Its First Information section supplies service provider buying, e-commerce, cellular commerce, and different enterprise options; bank card and loan account processing, industrial funds, buyer communications, plastics options, customer support, and different merchandise; and varied community options and safety, and danger and fraud administration options.
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