Brokers Offer Predictions for Fiserv, Inc.’s Q4 2024 Earnings (NYSE:FI)

Fiserv, Inc. (NYSE:FIFree Report) – Stock analysts at Seaport Res Ptn increased their Q4 2024 earnings estimates for Fiserv in a research report issued to clients and investors on Tuesday, February 6th. Seaport Res Ptn analyst J. Cantwell now anticipates that the business services provider will post earnings per share of $2.39 for the quarter, up from their previous estimate of $2.38. The consensus estimate for Fiserv’s current full-year earnings is $8.63 per share. Seaport Res Ptn also issued estimates for Fiserv’s Q4 2025 earnings at $2.77 EPS.

FI has been the subject of several other research reports. The Goldman Sachs Group lowered their price target on shares of Fiserv from $127.00 to $126.00 in a report on Monday, October 16th. Stephens boosted their target price on shares of Fiserv from $140.00 to $150.00 and gave the company an “equal weight” rating in a report on Wednesday. Mizuho increased their price target on Fiserv from $150.00 to $156.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Raymond James lifted their price objective on Fiserv from $145.00 to $147.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Finally, UBS Group upped their target price on Fiserv from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, November 16th. Six research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $152.39.

View Our Latest Research Report on FI

Fiserv Price Performance

Shares of FI opened at $144.23 on Friday. The business has a 50-day moving average of $136.56 and a 200-day moving average of $125.84. Fiserv has a 1 year low of $103.99 and a 1 year high of $145.87. The company has a market capitalization of $86.57 billion, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 1.11 and a beta of 0.91. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.04 and a quick ratio of 1.07.

Fiserv (NYSE:FIGet Free Report) last announced its earnings results on Tuesday, February 6th. The business services provider reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.04. Fiserv had a return on equity of 15.16% and a net margin of 16.07%. The business had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.68 billion. During the same period last year, the company earned $1.91 EPS. Fiserv’s revenue for the quarter was up 6.2% compared to the same quarter last year.

Insider Buying and Selling

In other news, EVP Suzan Kereere sold 1,633 shares of the firm’s stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $132.88, for a total value of $216,993.04. Following the transaction, the executive vice president now owns 47,792 shares in the company, valued at $6,350,600.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Robert W. Hau sold 188,088 shares of the business’s stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $132.77, for a total transaction of $24,972,443.76. Following the transaction, the chief financial officer now directly owns 133,491 shares in the company, valued at $17,723,600.07. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Suzan Kereere sold 1,633 shares of the company’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $132.88, for a total transaction of $216,993.04. Following the completion of the sale, the executive vice president now directly owns 47,792 shares of the company’s stock, valued at $6,350,600.96. The disclosure for this sale can be found here. Insiders have sold 311,038 shares of company stock worth $41,389,939 in the last quarter. Insiders own 18.20% of the company’s stock.

Hedge Funds Weigh In On Fiserv

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. bought a new position in Fiserv in the 3rd quarter valued at $5,705,241,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Fiserv during the 4th quarter worth $960,592,000. Norges Bank purchased a new position in shares of Fiserv in the 4th quarter worth about $874,377,000. Morgan Stanley grew its position in Fiserv by 131.3% during the fourth quarter. Morgan Stanley now owns 9,980,646 shares of the business services provider’s stock valued at $1,008,744,000 after buying an additional 5,666,145 shares during the period. Finally, Moneta Group Investment Advisors LLC increased its stake in shares of Fiserv by 135,763.7% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,588,117 shares of the business services provider’s stock worth $463,721,000 after purchasing an additional 4,584,740 shares during the last quarter. Hedge funds and other institutional investors own 89.69% of the company’s stock.

Fiserv Company Profile

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Fiserv, Inc, together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform.

See Also

Earnings History and Estimates for Fiserv (NYSE:FI)

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