Fiserv Inc. (NYSE:FI) saw an upside of 0.14% to close Tuesday at $119.26 after adding $0.17 on the day. The 5-day average trading volume is 2,009,220 shares of the company’s common stock. It has gained $123.48 in the past week and touched a new high 1 time within the past 5 days. An average of 2,240,645 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,571,432.
FI’s 1-month performance is -8.08% or -$9.27 on its low of $118.57 reached on 08/21/23. The company’s shares have touched a 52-week low of $91.55 and high of $130.74, with the stock’s rally to the 52-week high happening on 07/25/23. YTD, FI has achieved 18.00% or $18.19 and has reached a new high 30 times. However, the current price is down -8.78% from the 52-week high price.
Insider Transactions
FI stock investors last saw insider trading activity on Aug 01.Chiarello Guy (Chief Operating Officer) most recently sold 6,750 shares at $125.75 per share on Aug 01. This transaction cost the insider $848,812. Chief Operating Officer, Chiarello Guy, sold 6,750 shares at a price of $124.58 on Jul 05.
Valuation Metrics
FI stock has a beta of 0.88. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.95 while the price-to-book (PB) in the most recent quarter is 2.45, with the price to cash flow ratio at 21.55.
Fiserv Inc.’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 1.10. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.75, while the total debt to equity was 0.77.. In terms of profitability, the gross margin trailing 12 months is 57.10%. The trailing 12-month EBITDA margin is 38.82% while for the period ending June 29, Fiserv Inc.’s operating margin was 22.20%. The firm’s gross profit as reported stood at $9.74 billion against revenue of $17.74 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 12.45% to $683.0 million, while revenue of $563.0 million was 17.57% off the previous quarter. Analysts expected FI to announce $1.79 per share in earnings in its latest quarter, but it posted $1.81, representing a 1.10% surprise. EBITDA for the quarter stood at more than $1.94 billion. FI stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 46.88 billion, with total debt at $23.32 billion. Shareholders hold equity totaling $609.62 million.
Let’s look briefly at Fiserv Inc. (FI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 24.56% to suggest the stock is trending oversold, with historical volatility in this time period at 9.03%.
The stock’s 5-day moving average is $120.11, reflecting a -3.17% or -$3.91 change from its current price. FI is currently trading -8.30% above its 20-day SMA, +6.63% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.09% and SMA200 by+18.60%.
Stochastic %K and %D was 8.02% and 6.31% and the average true range (ATR) pointed at 1.75. The RSI (14) points at 32.71%, while the 14-day stochastic is at 8.23% with the period’s ATR at 1.84. The stock’s 9-day MACD Oscillator is pointing at -2.72 and -3.80 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Fiserv Inc. (NYSE: FI), B. Riley Securities launched coverage with a Buy rating. Analysts offering their rating for FI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate FI as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 5 rates the stock as overweight while 21 have offered a “buy” rating.
What is FI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $111.00 and a high of $170.00, with their median price target at $142.00. Looking at these predictions, the average price target given by analysts is for Fiserv Inc. (FI) stock is $141.83.
