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

Fiserv, Inc (NYSE: FI) is 12.26% higher on its value in year-to-date trading and has touched a low of $142.98 and a high of $233.26 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 $229.87 in the last trading session, with the day’s gains setting it 0.73%.

Currently trading at $230.60, the stock is 5.25% and 9.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing 0.32% at the moment leaves the stock 26.80% off its SMA200. FI registered 60.61% gain for a year compared to 6-month gain of 40.58%. The firm has a 50-day simple moving average (SMA 50) of $211.0482 and a 200-day simple moving average (SMA200) of $181.8554.

The stock witnessed a 12.90% loss in the last 1 month and extending the period to 3 months gives it a 7.73%, and is 0.23% 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 1.24% over the week and 1.88% over the month.

Fiserv, Inc (FI) has around 42000 employees, a market worth around $131.19B and $20.46B in sales. Current P/E ratio is 42.85 and Fwd P/E is 19.21. Profit margin for the company is 15.31%. Distance from 52-week low is 61.28% and -1.14% from its 52-week high. The company has generated returns on investments over the last 12 months (6.16%).

with sales reaching $4.85B over the same period.The EPS is expected to grow by 16.40% this year, but quarterly earnings will post 9.16% year-over-year. Quarterly sales are estimated to grow 6.81% in year-over-year returns.

Fiserv, Inc (FI) Top Institutional Holders

2393.0 institutions hold shares in Fiserv, Inc (FI), with institutional investors hold 94.01% of the company’s shares. The shares outstanding are 568.92M, and float is at 564.17M with Short Float at 1.13%. Institutions hold 92.85% of the Float.

The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 37.79 million shares valued at $5.63 billion. The investor’s holdings represent 6.4861% of the FI Shares outstanding. As of 2024-06-30, the second largest holder is DODGE & COX with 34.37 million shares valued at $5.12 billion to account for 5.8986 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.16 million shares representing 4.147% and valued at over $3.6 billion, while CAPITAL WORLD INVESTORS holds 3.4184 of the shares totaling 19.92 million with a market value of $2.97 billion.

Fiserv, Inc (FI) Insider Activity

The most recent transaction is an insider sale by Best Kenneth, the company’s Chief Accounting Officer. SEC filings show that Best Kenneth sold 20,821 shares of the company’s common stock on Nov 12 ’24 at a price of $214.61 per share for a total of $4.47 million. Following the sale, the insider now owns 38771.0 shares.

Still, SEC filings show that on Oct 30 ’24, MILLER HEIDI (Director) disposed off 30,000 shares at an average price of $201.13 for $6.03 million. The insider now directly holds 33,235 shares of Fiserv, Inc (FI).

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