Fiserv, Inc (FI) Shares Decline Despite Market Challenges

The stock of Fiserv, Inc (NYSE: FI) has decreased by -0.37 when compared to last closing price of 214.86. Despite this, the company has experienced a 5.44% gain in its stock price over the last five trading sessions. marketbeat.com reported 2024-11-07 that Fiserv’s NYSE: FI stock rallies in 2024 because of its position in the financial services industry and growing business leverage. The company is the #1 choice for payment and card services globally for merchants and financial institutions, growing its reach while its clients deepen penetration of a growing middle class.

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

The price-to-earnings ratio for Fiserv, Inc (NYSE: FI) is above average at 41.29x. The 36-month beta value for FI is also noteworthy at 0.92. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 rating it as “hold,” and 6 rating it as “sell.”

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The public float for FI is 564.68M, and at present, short sellers hold a 1.46% of that float. The average trading volume of FI on November 13, 2024 was 2.40M shares.

FI’s Market Performance

FI’s stock has seen a 5.44% increase for the week, with a 10.78% rise in the past month and a 30.50% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.89% for Fiserv, Inc The simple moving average for the past 20 days is 5.49% for FI’s stock, with a 31.78% simple moving average for the past 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 $203 based on the research report published on October 01, 2024 of the current year 2024.

BTIG Research, on the other hand, stated in their research note that they expect to see FI reach a price target of $200. The rating they have provided for FI stocks is “Buy” according to the report published on August 28th, 2024.

Wells Fargo gave a rating of “Overweight” to FI, setting the target price at $180 in the report published on June 12th of the current year.

FI Trading at 13.27% 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 -0.65% of loss for the given period.

Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +10.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.09% upper at present.

During the last 5 trading sessions, FI rose by +5.44%, which changed the moving average for the period of 200-days by +49.79% in comparison to the 20-day moving average, which settled at $202.92. In addition, Fiserv, Inc saw 61.14% 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 Best Kenneth, who proposed sale 20,821 shares at the price of $214.61 back on Nov 12 ’24. After this action, Best Kenneth now owns shares of Fiserv, Inc, valued at $4,468,372 using the latest closing price.

MILLER HEIDI, the Director of Fiserv, Inc, sale 30,000 shares at $201.13 during a trade that took place back on Oct 30 ’24, which means that MILLER HEIDI is holding 33,235 shares at $6,033,843 based on the most recent closing price.

Stock Fundamentals for FI

Current profitability levels for the company are sitting at:

  • 0.28 for the present operating margin
  • 0.64 for the gross margin

The net margin for Fiserv, Inc stands at 0.15. The total capital return value is set at 0.1. Equity return is now at value 10.69, with 3.74 for asset returns.

Based on Fiserv, Inc (FI), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is 4.76.

Currently, EBITDA for the company is 7.78 billion with net debt to EBITDA at 2.7. When we switch over and look at the enterprise to sales, we see a ratio of 7.23. The receivables turnover for the company is 5.26for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.

Conclusion

In summary, Fiserv, Inc (FI) has had a better performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others as 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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