Fiserv (NYSE:FI) Updates FY 2025 Earnings Guidance
On Wednesday morning, Fiserv (NYSE:FI) announced an update to its earnings guidance for the fiscal year 2025. The company forecasted earnings per share (EPS) between 10.100 and 10.300, which is in contrast to the consensus EPS estimate of 10.210 by industry analysts.
Recent Analyst Ratings
Recent evaluations from equity analysts show a diverse range of opinions on Fiserv's stock. For instance, Jefferies Financial Group raised its price target for Fiserv from $195.00 to $200.00 while maintaining a "hold" rating as of October 22nd. Meanwhile, KeyCorp increased its price target from $180.00 to $225.00 and assigned an "overweight" rating in a report released on October 23rd. Tigress Financial also went bullish, raising its price target from $190.00 to $244.00 and giving the stock a "buy" rating on October 29th. In addition, Morgan Stanley increased its price target to $258.00, while UBS Group raised its target to $240.00, both maintaining a "buy" stance on the stock.
Overall, among the equity research analysts covering Fiserv, three have rated it as a "hold," twenty-two have issued a "buy," and two have given a "strong buy" rating. MarketBeat.com reports an average rating of "Moderate Buy" for Fiserv, with a consensus target price set at $224.00.
Fiserv's Stock Performance
Fiserv shares opened at $214.21 on the day of the earnings guidance update. The company's stock has exhibited a significant performance trend, with a 50-day moving average of $208.45 and a 200-day moving average of $192.25. Currently, Fiserv has a market capitalization of approximately $121.87 billion, a price-to-earnings ratio of 41.19, and a price-to-earnings-growth ratio of 1.42. Additionally, the company has a debt-to-equity ratio of 0.85, a current ratio of 1.07, and a quick ratio of 1.07. Over the past year, Fiserv has seen its stock price fluctuate, reaching a low of $137.13 and a high of $223.23.
Quarterly Financial Results
On February 5th, Fiserv reported its latest quarterly earnings, revealing an EPS of $2.51. This result surpassed analysts' expectations, which had anticipated an EPS of $2.48. In that quarter, the company achieved a net margin of 15.22% and a return on equity of 17.10%. Analysts predict the annual earnings per share for Fiserv will total around 8.77 for the current year.
Internal Transactions
In insider trading news, Kenneth Best, the Chief Accounting Officer, sold 20,821 shares of Fiserv stock on November 12th, at an average price of $214.61 per share, resulting in total proceeds of approximately $4.47 million. Following this transaction, Best owns 38,771 shares of the company, worth about $8.32 million. This sale represents a significant 34.94% decline in Best's ownership stake in the company. It's worth noting that insiders currently hold approximately 0.75% of Fiserv's total shares.
About Fiserv
Fiserv, Inc. is a global provider of payments and financial services technology. The company operates through various segments, including Merchant Acceptance, Financial Technology, and Payments and Network, serving clients in multiple regions, including the United States, Europe, Asia-Pacific, and beyond.
Earnings, Guidance, Analyst