Fiserv (NASDAQ:FISV) Earns Hold Rating from Analysts at Loop Capital

Stock analysts at Loop Capital started coverage on shares of Fiserv (NASDAQ:FISV) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The firm set a “hold” rating and a $62.00 price target on the business services provider’s stock. Loop Capital’s price target suggests a potential upside of 12.71% from the stock’s previous close.

Other research analysts have also recently issued reports about the company. Morgan Stanley set a $64.00 price target on Fiserv in a report on Wednesday, February 11th. Raymond James Financial cut Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 26th. Tigress Financial reiterated a “buy” rating and set a $95.00 target price on shares of Fiserv in a report on Wednesday, March 11th. Mizuho dropped their target price on Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Finally, Jefferies Financial Group boosted their price target on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research report on Wednesday, January 21st. Nine research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Fiserv currently has a consensus rating of “Hold” and a consensus target price of $106.13.

Fiserv Stock Performance

FISV stock opened at $55.01 on Tuesday. Fiserv has a fifty-two week low of $52.91 and a fifty-two week high of $227.00. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $29.42 billion, a P/E ratio of 8.68, a PEG ratio of 1.67 and a beta of 0.76. The company has a 50-day simple moving average of $60.66 and a 200 day simple moving average of $78.18.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, February 10th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.Fiserv’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.51 earnings per share. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts predict that Fiserv will post 10.23 earnings per share for the current fiscal year.

Institutional Trading of Fiserv

Several institutional investors have recently added to or reduced their stakes in FISV. Oakworth Capital Inc. bought a new stake in Fiserv during the 4th quarter valued at $25,000. Private Wealth Asset Management LLC purchased a new position in Fiserv in the fourth quarter worth $25,000. American National Bank & Trust bought a new position in Fiserv in the 4th quarter valued at $27,000. Kimelman & Baird LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at $27,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Fiserv during the 4th quarter worth $27,000. 90.98% of the stock is currently owned by institutional investors.

Fiserv Company Profile

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.