Fiserv (NYSE:FI) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Fiserv (NYSE:FI) announced its quarterly earnings results on Wednesday. The business services provider reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03, Zacks reports. Fiserv had a net margin of 15.22% and a return on equity of 17.10%. Fiserv updated its FY 2025 guidance to 10.100-10.300 EPS.

Fiserv Stock Performance

FI traded up $13.22 during trading on Wednesday, reaching $227.44. 2,330,254 shares of the company were exchanged, compared to its average volume of 2,489,638. Fiserv has a 52 week low of $137.13 and a 52 week high of $231.21. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85. The firm has a 50 day moving average of $208.45 and a 200 day moving average of $192.25. The stock has a market cap of $129.39 billion, a P/E ratio of 43.86, a PEG ratio of 1.42 and a beta of 0.94.

Wall Street Analysts Forecast Growth

Several research analysts have commented on FI shares. Tigress Financial raised their price objective on Fiserv from $190.00 to $244.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. Seaport Res Ptn raised Fiserv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. KeyCorp lifted their price objective on shares of Fiserv from $180.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. TD Cowen raised their price target on shares of Fiserv from $200.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Jefferies Financial Group boosted their price objective on shares of Fiserv from $195.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $224.00.

Insider Buying and Selling at Fiserv

In other news, CAO Kenneth Best sold 20,821 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $214.61, for a total transaction of $4,468,394.81. Following the completion of the transaction, the chief accounting officer now directly owns 38,771 shares in the company, valued at approximately $8,320,644.31. The trade was a 34.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.75% of the stock is currently owned by company insiders.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.