Fiserv (NASDAQ:FISV) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Fiserv (NASDAQ:FISV) to a hold rating in a report released on Tuesday,Zacks.com reports.

Several other equities research analysts have also issued reports on the company. Compass Point dropped their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Citigroup decreased their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Mizuho lowered their target price on shares of Fiserv from $110.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, December 22nd. Keefe, Bruyette & Woods reduced their price target on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Finally, Morgan Stanley set a $64.00 price target on shares of Fiserv in a report on Wednesday, February 11th. Eight research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $96.63.

Fiserv Stock Performance

Shares of FISV stock opened at $61.55 on Tuesday. The stock has a market capitalization of $32.86 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 1.96 and a beta of 0.79. Fiserv has a one year low of $52.91 and a one year high of $198.68. The company’s 50-day simple moving average is $59.23 and its 200-day simple moving average is $69.99. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The firm had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same period in the previous year, the company earned $2.51 earnings per share. Fiserv’s quarterly revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts anticipate that Fiserv will post 8.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fiserv

Institutional investors have recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after buying an additional 2,033 shares in the last quarter. Bison Wealth LLC boosted its position in Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. boosted its position in Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock worth $480,000 after acquiring an additional 483 shares during the period. Jump Financial LLC bought a new position in shares of Fiserv in the second quarter worth $1,001,000. Finally, Gamco Investors INC. ET AL increased its holdings in shares of Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock valued at $897,000 after purchasing an additional 350 shares during the period. Institutional investors own 90.98% of the company’s stock.

Fiserv Company Profile

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.