BNP Paribas Exane Lowers Fiserv (NASDAQ:FISV) Price Target to $63.00

Fiserv (NASDAQ:FISV) had its target price reduced by analysts at BNP Paribas Exane from $64.00 to $63.00 in a research note issued on Friday,MarketScreener reports. The brokerage presently has a “neutral” rating on the business services provider’s stock. BNP Paribas Exane’s price target indicates a potential upside of 12.32% from the stock’s previous close.

Several other research firms also recently weighed in on FISV. Raymond James Financial downgraded Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Mizuho dropped their price target on Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, December 22nd. Morgan Stanley set a $64.00 price target on Fiserv in a research report on Wednesday, February 11th. Keefe, Bruyette & Woods dropped their price target on Fiserv from $80.00 to $75.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Finally, UBS Group dropped their price target on Fiserv from $75.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fiserv presently has an average rating of “Hold” and a consensus price target of $104.03.

Fiserv Trading Down 0.6%

Shares of FISV stock opened at $56.09 on Friday. Fiserv has a fifty-two week low of $52.91 and a fifty-two week high of $221.50. The stock has a market cap of $29.95 billion, a P/E ratio of 8.85, a P/E/G ratio of 1.73 and a beta of 0.79. The business has a fifty day simple moving average of $58.93 and a 200-day simple moving average of $73.76. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, analysts forecast that Fiserv will post 10.23 earnings per share for the current fiscal year.

Institutional Trading of Fiserv

Several hedge funds and other institutional investors have recently bought and sold shares of FISV. Vanguard Group Inc. purchased a new position in Fiserv during the fourth quarter worth about $3,507,063,000. Dodge & Cox purchased a new position in Fiserv during the fourth quarter worth about $3,323,210,000. Capital World Investors lifted its position in Fiserv by 35.2% during the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after buying an additional 6,714,536 shares during the period. State Street Corp purchased a new stake in Fiserv in the fourth quarter valued at approximately $1,588,663,000. Finally, Geode Capital Management LLC purchased a new stake in Fiserv in the fourth quarter valued at approximately $854,215,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

About Fiserv

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.