Fiserv, Inc. (NYSE: FI)’s stock price has dropped by -0.19 in relation to previous closing price of 158.57. Nevertheless, the company has seen a gain of 0.95% in its stock price over the last five trading days. InvestorPlace reported 2024-04-01 that Fintech, or financial technology, is a sector that has been growing rapidly in recent years, offering innovative solutions for payments, banking, lending and investing. The best fintech stocks leverage digital platforms, data analytics, artificial intelligence (AI) and other technologies.
Is It Worth Investing in Fiserv, Inc. (NYSE: FI) Right Now?
The price-to-earnings ratio for Fiserv, Inc. (NYSE: FI) is 31.67x, which is above its average ratio. Moreover, the 36-month beta value for FI is 0.92. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 6 as “sell.”
The public float for FI is 586.01M and currently, short sellers hold a 1.00% of that float. On April 03, 2024, FI’s average trading volume was 2.58M shares.
FI’s Market Performance
The stock of Fiserv, Inc. (FI) has seen a 0.95% increase in the past week, with a 5.27% rise in the past month, and a 19.14% gain in the past quarter. The volatility ratio for the week is 1.09%, and the volatility levels for the past 30 days are at 1.26% for FI. The simple moving average for the last 20 days is 3.08% for FI’s stock, with a simple moving average of 21.80% for the last 200 days.
Analysts’ Opinion of FI
Many brokerage firms have already submitted their reports for FI stocks, with Oppenheimer repeating the rating for FI by listing it as a “Outperform.” The predicted price for FI in the upcoming period, according to Oppenheimer is $168 based on the research report published on January 11, 2024 of the current year 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to FI, setting the target price at $180 in the report published on January 08th of the current year.
FI Trading at 6.64% from the 50-Day Moving Average
After a stumble in the market that brought FI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.08% of loss for the given period.
Volatility was left at 1.26%, however, over the last 30 days, the volatility rate increased by 1.09%, as shares surge +5.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.85% upper at present.
During the last 5 trading sessions, FI rose by +0.95%, which changed the moving average for the period of 200-days by +31.89% in comparison to the 20-day moving average, which settled at $153.96. In addition, Fiserv, Inc. saw 19.14% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FI starting from Chiarello Guy, who sale 63,646 shares at the price of $154.00 back on Mar 20 ’24. After this action, Chiarello Guy now owns 163,699 shares of Fiserv, Inc., valued at $9,801,484 using the latest closing price.
Chiarello Guy, the Chief Operating Officer of Fiserv, Inc., sale 24,000 shares at $149.53 during a trade that took place back on Mar 15 ’24, which means that Chiarello Guy is holding 163,699 shares at $3,588,623 based on the most recent closing price.
Stock Fundamentals for FI
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.63 for the gross margin
The net margin for Fiserv, Inc. stands at 0.16. The total capital return value is set at 0.09. Equity return is now at value 10.11, with 3.51 for asset returns.
Based on Fiserv, Inc. (FI), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 5.14.
Currently, EBITDA for the company is 7.78 billion with net debt to EBITDA at 2.88. When we switch over and look at the enterprise to sales, we see a ratio of 6.08. The receivables turnover for the company is 5.33for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To wrap up, the performance of Fiserv, Inc. (FI) has been better in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
