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

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

Fiserv Stock Performance

FI traded up $13.22 during trading on Wednesday, hitting $227.44. The stock had a trading volume of 2,330,254 shares, compared to its average volume of 2,489,638. 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 12 month low of $137.13 and a 12 month high of $231.21. The company has a 50 day simple moving average of $208.45 and a 200-day simple moving average of $192.25. The firm has a market cap of $129.39 billion, a PE ratio of 43.86, a P/E/G ratio of 1.42 and a beta of 0.94.

Insider Activity

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on FI shares. BMO Capital Markets lifted their target price on shares of Fiserv from $222.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Tigress Financial boosted their target price on shares of Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. TD Cowen increased their target price on Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Jefferies Financial Group upped their price target on Fiserv from $195.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Finally, Barclays increased their price objective on Fiserv from $185.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $224.00.

Read Our Latest Analysis on FI

Fiserv Company Profile

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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.

See Also

Earnings History for Fiserv (NYSE:FI)

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