Fiserv, Inc. (FI) Shares Rise Despite Market Challenges

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Fiserv, Inc. (NYSE: FI)’s stock price has gone rise by 1.63 in comparison to its previous close of 150.59, however, the company has experienced a 0.24% increase in its stock price over the last five trading days. PYMNTS reported 2024-04-30 that Payments technology firm Fiserv is offering billers new communications tools to get paid faster. The new capabilities, announced Tuesday (April 30), let billers incorporate call-to-action notifications and alerts into existing workflows to send personalized bill payment reminders or messages using email, texts, phone calls or interactive voice response systems.

Is It Worth Investing in Fiserv, Inc. (NYSE: FI) Right Now?

Fiserv, Inc. (NYSE: FI) has a higher price-to-earnings ratio of 28.65x compared to its average ratio, The 36-month beta value for FI is at 0.94. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 as “hold,” and 6 as “sell.”

The public float for FI is 580.61M, and currently, shorts hold a 1.25% of that float. The average trading volume for FI on May 08, 2024 was 2.53M shares.

FI’s Market Performance

FI’s stock has seen a 0.24% increase for the week, with a -3.05% drop in the past month and a 8.47% gain in the past quarter. The volatility ratio for the week is 1.47%, and the volatility levels for the past 30 days are at 1.89% for Fiserv, Inc. The simple moving average for the last 20 days is 1.30% for FI’s stock, with a simple moving average of 14.70% 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 0.32% 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 -4.34% of loss for the given period.

Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -1.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.38% upper at present.

During the last 5 trading sessions, FI rose by +0.24%, which changed the moving average for the period of 200-days by +19.07% in comparison to the 20-day moving average, which settled at $150.96. In addition, Fiserv, Inc. saw 15.21% 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 23,929 shares at the price of $151.79 back on Apr 15 ’24. After this action, Chiarello Guy now owns 163,699 shares of Fiserv, Inc., valued at $3,632,143 using the latest closing price.

Chiarello Guy, the Chief Operating Officer of Fiserv, Inc., sale 63,646 shares at $154.00 during a trade that took place back on Mar 20 ’24, which means that Chiarello Guy is holding 163,699 shares at $9,801,484 based on the most recent closing price.

Stock Fundamentals for FI

Current profitability levels for the company are sitting at:

  • 0.27 for the present operating margin
  • 0.63 for the gross margin

The net margin for Fiserv, Inc. stands at 0.17. The total capital return value is set at 0.09. Equity return is now at value 11.01, with 3.83 for asset returns.

Based on Fiserv, Inc. (FI), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 5.04.

Currently, EBITDA for the company is 7.78 billion with net debt to EBITDA at 2.87. When we switch over and look at the enterprise to sales, we see a ratio of 5.81. The receivables turnover for the company is 5.44for 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 1.06.

Conclusion

In conclusion, Fiserv, Inc. (FI) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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