Fiserv (NASDAQ:FISV) Price Target Lowered to $75.00 at Keefe, Bruyette & Woods

Fiserv (NASDAQ:FISV) had its price objective cut by Keefe, Bruyette & Woods from $80.00 to $75.00 in a research note issued to investors on Tuesday morning,MarketScreener reports. They currently have an outperform rating on the business services provider’s stock.

FISV has been the topic of a number of other reports. Citigroup reiterated a “neutral” rating and issued a $68.00 price objective (down from $75.00) on shares of Fiserv in a report on Wednesday, February 11th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Jefferies Financial Group upped their price objective on Fiserv from $60.00 to $65.00 and gave the company a “hold” rating in a report on Wednesday, January 21st. Mizuho decreased their price objective on Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd. Finally, Stephens decreased their price objective on Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $105.59.

Fiserv Trading Down 1.8%

Shares of Fiserv stock opened at $55.32 on Tuesday. The stock has a market cap of $29.58 billion, a P/E ratio of 8.73, a P/E/G ratio of 1.74 and a beta of 0.79. The stock’s 50 day simple moving average is $59.39 and its 200-day simple moving average is $74.92. Fiserv has a 1-year low of $52.91 and a 1-year high of $221.50. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, topping 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 business had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the previous year, the firm posted $2.51 EPS. The business’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. Analysts predict that Fiserv will post 10.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in shares of Fiserv during the third quarter worth $28,000. True Wealth Design LLC increased its position in shares of Fiserv by 3,750.0% during the third quarter. True Wealth Design LLC now owns 231 shares of the business services provider’s stock worth $30,000 after acquiring an additional 225 shares during the period. Redmont Wealth Advisors LLC purchased a new stake in shares of Fiserv during the third quarter worth $30,000. Westfuller Advisors LLC purchased a new stake in shares of Fiserv during the third quarter worth $36,000. Finally, WFA of San Diego LLC purchased a new stake in shares of Fiserv during the second quarter worth $55,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.

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.