As of Friday close, Fiserv Inc.’s (NYSE:FI) stock was down -$0.64, moving down -0.55 percent to $116.08. The average number of shares traded per day over the past five days has been 2,144,660 shares. 1 time new highs have been achieved over the past 5 days, with a -$4.97 fall in that time frame. In the last twenty days, the average volume was 2,242,965, while in the previous 50 days, it was 2,268,408.
Since last month, FI stock retreated -3.60%. Shares of the company fell to $115.64 on 09/22/23, the lowest level in the past month. A 52-week high of $130.74 was reached on 07/25/23 after having rallying from a 52-week low of $91.55. Since the beginning of this year, FI’s stock price has risen by 14.85% or $15.01, and marked a new high 30 times. However, the stock has declined by -11.21% since its 52-week high.
FI stock investors should be aware that Fiserv Inc. (FI) stock had its last reported insider trading activity 22 days ago on Sep 01. Chiarello Guy, the Chief Operating Officer of the company, disposed of 6,750 shares for $121.92 on Sep 01. It resulted in a $822,960 divestment by the insider. Chiarello Guy sold 6,750 shares at an average price of $125.75 on Aug 01. The insider now owns 173,856 shares following the transaction. On Jul 05, Chief Operating Officer Chiarello Guy sold 6,750 shares at $124.58 apiece. The transaction was valued at $840,915.
Valuation Metrics
Right now, Fiserv Inc. (FI) has a P/E ratio of about 29.28. The stock’s beta is 0.88. Besides these, the trailing price-to-sales (P/S) ratio of 3.87, the price-to-book (PB) ratio of 2.38, and the price-to-cash flow ratio of 21.13 may also be considered.
Financial Health
In the three months ended June 29, Fiserv Inc.’s quick ratio stood at 1.10, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.75, and the total debt-to-equity ratio was 0.77. On the profitability front, the trailing twelve-month gross margin is 57.10% percent. In the year ended June 29, EBITDA margin amounted to 38.82%, whereas operating margins totaled 22.20%. Based on annual data, FI earned $9.74 billion in gross profit and brought in $17.74 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.10%. Return on equity (ROE) for the past 12 months was 8.30%.
In Fiserv Inc.’s quarter-end financial report for June 29, it reported total debt of $22.59 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FI’s revenue rose 6.43% to $4.55 billion during the quarter, while net income inched up to $4.76 billion. While analysts expected Fiserv Inc. to report $1.79 quarterly earnings, the actual figure was $1.81 per share, beating the consensus estimate by 1.10%. During the quarter, the company generated $1.94 billion in EBITDA. The liabilities of Fiserv Inc. were 46.88 billion at the end of its most recent quarter ended June 29, and its total debt was $23.32 billion. The value of shareholders’ equity is $609.62 million.
Technical Picture
This quick technical analysis looks at Fiserv Inc.’s (FI) price momentum. With a historical volatility rate of 12.86%, the RSI 9-day stood at 20.30% on 22 September.
With respect to its five-day moving average, the current Fiserv Inc. price is down by -4.11% percent or -$4.97. At present, FI shares trade -3.80% below its 20-day simple moving average and -4.41% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.79% below its SMA50 and +13.59% above its SMA200.
Stochastic coefficient K was 3.05% and Stochastic coefficient D was 8.40%, while ATR was 1.62. Given the Stochastic reading of 5.43% for the 14-day period, the RSI (14) reading has been calculated as 27.88%. As of today, the MACD Oscillator reading stands at -2.57, while the 14-day reading stands at -3.31.
Analyst Ratings
B. Riley Securities launched its rating on Fiserv Inc. (NYSE: FI) to a Buy in a note to investors on June 23, 2023. Fiserv Inc. (FI) has been rated Overweight by analysts. According to 0 brokerage firms, FI is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate Fiserv Inc. stock as buy, with 18 recommending it as overweight.
With a median target price of $145.00, the current consensus forecast for the stock is $111.00 – $170.00. Based on these forecasts, analysts predict Fiserv Inc. (FI) will achieve an average price target of $143.00.
