Fiserv, Inc. (NASDAQ:FISV) Short Interest Update

Fiserv, Inc. (NASDAQ:FISV) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 14,257,158 shares, a decline of 14.8% from the January 29th total of 16,740,295 shares. Currently, 2.7% of the company’s stock are short sold. Based on an average daily volume of 11,256,095 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 11,256,095 shares, the short-interest ratio is currently 1.3 days. Currently, 2.7% of the company’s stock are short sold.

Fiserv Stock Up 2.0%

Shares of Fiserv stock opened at $63.86 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market cap of $34.15 billion, a P/E ratio of 10.07, a PEG ratio of 1.92 and a beta of 0.77. The firm’s 50 day moving average price is $64.08 and its 200-day moving average price is $88.41. Fiserv has a 52-week low of $57.79 and a 52-week high of $227.00.

Fiserv (NASDAQ:FISV) last announced its earnings results 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. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.78 billion. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. Fiserv’s revenue was up .6% compared to the same quarter last year. During the same period last year, the firm earned $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts predict that Fiserv will post 10.23 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on FISV shares. JPMorgan Chase & Co. cut their price target on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. UBS Group cut their target price on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. TD Cowen restated a “hold” rating on shares of Fiserv in a report on Monday, January 12th. B. Riley Financial dropped their price objective on shares of Fiserv from $72.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a report on Wednesday, January 21st. Ten research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $109.74.

Institutional Investors Weigh In On Fiserv

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. acquired a new stake in Fiserv in the 4th quarter worth approximately $3,507,063,000. Dodge & Cox purchased a new position in shares of Fiserv in the fourth quarter worth $3,323,210,000. State Street Corp purchased a new position in shares of Fiserv in the fourth quarter worth $1,588,663,000. Geode Capital Management LLC acquired a new stake in shares of Fiserv during the fourth quarter worth $854,215,000. Finally, Amundi purchased a new stake in shares of Fiserv during the fourth quarter valued at $825,819,000. Institutional investors and hedge funds 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.