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FI Stock Forecast: All the More Reason to Consider Fiserv, Inc. (FI) Now

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Fiserv, Inc. (NYSE: FI) is 19.44% higher on its value in year-to-date trading and has touched a low of $109.11 and a high of $157.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FI stock was last observed hovering at around $156.78 in the last trading session, with the day’s gains setting it 1.89%.

Currently trading at $158.67, the stock is 4.64% and 8.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.46 million and changing 1.21% at the moment leaves the stock 22.90% off its SMA200. FI registered 41.01% gain for a year compared to 6-month gain of 36.68%. The firm has a 50-day simple moving average (SMA 50) of $6.06 and a 200-day simple moving average (SMA200) of $14.42.

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The stock witnessed a 5.11% loss in the last 1 month and extending the period to 3 months gives it a 18.76%, and is 2.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.01% over the week and 1.43% over the month.

Fiserv, Inc. (FI) has around 42000 employees, a market worth around $93.68B and $19.09B in sales. Current P/E ratio is 31.75 and Fwd P/E is 15.81. Profit margin for the company is 16.07%. Distance from 52-week low is 45.42% and 0.85% from its 52-week high. The company has generated returns on investments over the last 12 months (5.80%).

Fiserv, Inc. quarterly earnings per share for the current quarter are estimated at $1.79 with sales reaching $4.59B over the same period.The EPS is expected to grow by 14.82% this year, but quarterly earnings will post 8.00% year-over-year. Quarterly sales are estimated to grow 9.50% in year-over-year returns.

Fiserv, Inc. (FI) Top Institutional Holders

2,044 institutions hold shares in Fiserv, Inc. (FI), with institutional investors hold 94.69% of the company’s shares. The shares outstanding are 594.00M, and float is at 586.01M with Short Float at 0.93%. Institutions hold 94.12% of the Float.

The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 53.65 million shares valued at $6.77 billion. The investor’s holdings represent 8.80% of the FI Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 49.72 million shares valued at $6.27 billion to account for 8.16% of the shares outstanding. The other top investors are Blackrock Inc. which holds 41.43 million shares representing 6.80% and valued at over $5.23 billion, while Dodge & Cox Inc holds 5.85% of the shares totaling 35.66 million with a market value of $4.5 billion.

Fiserv, Inc. (FI) Insider Activity

The most recent transaction is an insider sale by Chiarello Guy,the company’sChief Operating Officer. SEC filings show that Chiarello Guy sold 63,646 shares of the company’s common stock on Mar 20 ’24 at a price of $154.00 per share for a total of $9.8 million. Following the sale, the insider now owns 0.16 million shares.

Fiserv, Inc. disclosed in a document filed with the SEC on Mar 15 ’24 that Chiarello Guy (Chief Operating Officer) sold a total of 24,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $149.53 per share for $3.59 million. Following the transaction, the insider now directly holds 0.16 million shares of the FI stock.

Still, SEC filings show that on Dec 27 ’23, Kereere Suzan (EVP, Head of GBS) disposed off 1,633 shares at an average price of $132.88 for $0.22 million. The insider now directly holds 47,792 shares of Fiserv, Inc. (FI).

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