Compared to others, Fiserv, Inc. (FISV) is in a different league with regards to profitability, having net margins of 24.9%. To put some perspective around this, the industry’s average net margin is 10.7%. When looking at valuations, Fiserv, Inc. has a cheap P/E of 29.06x as compared to industry average of 29.11x. Moreover, it trades for 21.9 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 12.83x price/book and 5.86x price/sales. FISV’s ROE is 51.8%, which is also considerably better than the industry’s ROE of 11.7%. It’s also very liquid in the near term, with a current ratio of 1. The stock has a debt/capital of 1.98.
FISV’s 50 day simple moving average (SMA 50) price is $77.3 and its 200-day simple moving average (SMA 200) price is $76.98. The company’s stock currently has a total float of 397.29M shares. Its weekly volatility is hovering around 2.17% and felt 2.55% volatility in price over a month. On the upside, the share price will test short term resistance at around $85.81. On a downside, the stock is likely to find some support, which begins at $83.8. The failure to get near-term support could push it to $83.03.
Separately, it has been reported that multiple insider activity took place at Fiserv, Inc. (FISV). President and CEO Yabuki Jeffery W sold 50,000 shares for $577,564 in transaction occurred on 2019/01/16. After making this transaction, the President and CEO owns a direct stake of 3,560,000 shares, worth $48,838,812, as per the last closing price. On 2018/12/19 Yabuki Jeffery W, President and CEO at FISV, dumped 50,000 shares at an average price of $73.98 per share. The selling total is valued at $53,066,812.
President and CEO, Yabuki Jeffery W had divested 50,000 shares for $677,564 through a trade on 2018/11/21. Following this activity, the insider holds 3,847,000 shares worth $57,294,812 as of recent close. Wall Street’s most bullish Fiserv, Inc. (NASDAQ:FISV) analysts are predicting the share price to blow past $100 per share during the next 12 months. The current median share price forecast by them is $90, suggesting that the stock could increase 6.43% in that time frame. The average price target of $88.27 calls for a nearly 4.39% increase in the stock price.
It had seen a new analyst call from Buckingham Research, which initiated the stock at Buy on February 07. Analysts at SunTrust, shed their positive views on January 29 by lowering it fromBuy to Hold. The stock won favor of RBC Capital Mkts analysts who expressed their confidence in it using an upgrade from Sector Perform to Outperform on January 28. William Blair analysts came out with bullish views on January 22 when the call was made. They think the stock is now Outperform compared to to their prior call for Mkt Perform.
Fiserv, Inc. (NASDAQ:FISV) reached $34.15B by 11-February-19 in the wake of -1.33% downturn. The shares gained some momentum after bears carried it down to $84.2783. The final price for the day of 84.56 was still down from $86.29. The stock remained range bound between $84.2783 and $86.29. Trading activity significantly weakened as the volume at ready counter decreased to 5,904,753 shares versus 9,666,524 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 7,434,954 shares. The stock is now 26.42% above against its bear-market low of $66.89 on February 13, 2018. It has retreated -2.05% since it’s 52-week high of $86.29 reached in February. Now the market price is up 27.11% on the year and up 15.06% YTD.
FISV last reported earnings on February 07, 2019 when it released Dec-18 results that receded expectations. The company raked in $0.84 per share, -51.72% change on the same period last year. That was worse than consensus for $0.85. Revenue for the recent quarter stood at $1.55 billion, up 2% on last year and below the $1.55 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $1.49 billion to $1.55 billion, which should be compared with $1.5 billion generated last year. EPS is seen in a range of $0.77 to $0.85, against the $0.82 reported a year ago.