Fiserv (NYSE:FI) Price Target Cut to $130.00 by Analysts at Jefferies Financial Group

Fiserv (NYSE:FI) had its price objective cut by Jefferies Financial Group from $140.00 to $130.00 in a report published on Monday morning,MarketScreener reports. They currently have a hold rating on the business services provider’s stock.

Other research analysts also recently issued reports about the stock. Stephens decreased their target price on shares of Fiserv from $240.00 to $180.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. Barclays set a $175.00 price objective on Fiserv and gave the company an “overweight” rating in a report on Monday, July 28th. KeyCorp dropped their target price on Fiserv from $250.00 to $200.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. JPMorgan Chase & Co. reduced their price target on Fiserv from $210.00 to $190.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. Finally, Susquehanna lowered their price objective on Fiserv from $240.00 to $220.00 and set a “positive” rating on the stock in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.96.

Fiserv Trading Up 0.5%

Fiserv stock opened at $130.17 on Monday. The stock has a 50-day moving average price of $136.25 and a 200 day moving average price of $167.48. The company has a market capitalization of $70.76 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. Fiserv has a 52 week low of $128.08 and a 52 week high of $238.59. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09.

Fiserv (NYSE:FI) last issued its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.04. Fiserv had a net margin of 16.00% and a return on equity of 19.69%. The company had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.20 billion. During the same quarter in the prior year, the company earned $2.13 EPS. Fiserv’s quarterly revenue was up 8.0% on a year-over-year basis. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. Sell-side analysts anticipate that Fiserv will post 10.23 EPS for the current year.

Institutional Investors Weigh In On Fiserv

A number of institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of Fiserv by 91.9% in the fourth quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares during the period. Bison Wealth LLC lifted its stake in Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares in the last quarter. Rothschild Investment LLC boosted its holdings in Fiserv by 5.2% in the 1st quarter. Rothschild Investment LLC now owns 1,202 shares of the business services provider’s stock worth $265,000 after buying an additional 59 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in Fiserv by 6.3% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 7,529 shares of the business services provider’s stock worth $1,663,000 after buying an additional 444 shares during the last quarter. Finally, NBC Securities Inc. increased its stake in Fiserv by 105,345.5% during the 1st quarter. NBC Securities Inc. now owns 11,599 shares of the business services provider’s stock worth $2,561,000 after buying an additional 11,588 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.