Fiserv (NYSE:FI) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Fiserv (NYSE:FI) issued its quarterly earnings results on Wednesday. The business services provider reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.03, Zacks reports. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. Fiserv updated its FY 2025 guidance to 10.100-10.300 EPS.

Fiserv Trading Up 0.2 %

Shares of Fiserv stock traded up $0.51 during mid-day trading on Friday, hitting $231.75. 160,391 shares of the stock were exchanged, compared to its average volume of 2,537,898. The company has a 50-day simple moving average of $208.82 and a 200 day simple moving average of $192.78. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. Fiserv has a twelve month low of $142.14 and a twelve month high of $232.25. The stock has a market capitalization of $131.85 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94.

Insider Activity at Fiserv

In other Fiserv news, CAO Kenneth Best sold 20,821 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the completion of the sale, the chief accounting officer now directly owns 38,771 shares in the company, valued at $8,320,644.31. This represents a 34.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FI. Susquehanna raised their target price on shares of Fiserv from $190.00 to $230.00 and gave the company a “positive” rating in a research note on Friday, October 18th. Wells Fargo & Company increased their price objective on shares of Fiserv from $240.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday. Jefferies Financial Group upped their target price on shares of Fiserv from $195.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Seaport Res Ptn upgraded Fiserv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 14th. Finally, Barclays upped their target price on Fiserv from $185.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $232.13.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.