FY2027 Earnings Forecast for Fiserv Issued By KeyCorp

Fiserv, Inc. (NYSE:FI) – Equities researchers at KeyCorp issued their FY2027 EPS estimates for shares of Fiserv in a research note issued on Thursday, October 30th. KeyCorp analyst A. Schmidt forecasts that the business services provider will post earnings per share of $9.25 for the year. KeyCorp has a “Hold” rating on the stock. The consensus estimate for Fiserv’s current full-year earnings is $10.23 per share.

Fiserv (NYSE:FI) last posted its earnings results on Tuesday, March 26th. The business services provider reported $1.91 earnings per share (EPS) for the quarter. Fiserv had a net margin of 17.05% and a return on equity of 19.47%. The business had revenue of $4.32 billion for the quarter.

Other research analysts have also issued reports about the stock. Compass Point lowered shares of Fiserv from a “strong-buy” rating to a “neutral” rating and set a $127.50 target price on the stock. in a research note on Wednesday. Morgan Stanley set a $81.00 price target on shares of Fiserv and gave the company an “equal weight” rating in a report on Thursday. William Blair downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a report on Wednesday. Seaport Res Ptn downgraded shares of Fiserv from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, TD Cowen downgraded shares of Fiserv from a “buy” rating to a “hold” rating and set a $80.00 price target for the company. in a report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $131.95.

Fiserv Stock Performance

NYSE:FI opened at $66.57 on Friday. Fiserv has a 1 year low of $64.52 and a 1 year high of $238.59. The firm’s fifty day simple moving average is $126.20 and its 200 day simple moving average is $151.35. The company has a current ratio of 1.08, a quick ratio of 1.09 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $36.19 billion, a PE ratio of 10.29, a PEG ratio of 0.56 and a beta of 0.95.

Hedge Funds Weigh In On Fiserv

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Fiserv by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 50,079,534 shares of the business services provider’s stock worth $11,059,063,000 after acquiring an additional 535,407 shares during the period. JPMorgan Chase & Co. increased its position in shares of Fiserv by 77.2% during the 1st quarter. JPMorgan Chase & Co. now owns 15,354,767 shares of the business services provider’s stock worth $3,390,793,000 after purchasing an additional 6,691,703 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Fiserv by 3.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,284,433 shares of the business services provider’s stock worth $1,829,451,000 after purchasing an additional 253,544 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Fiserv during the 1st quarter worth about $1,722,584,000. Finally, Norges Bank acquired a new stake in shares of Fiserv during the 2nd quarter worth about $1,252,260,000. 90.98% of the stock is owned by institutional investors.

About Fiserv

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.