Fiserv (FI) Expected to Announce Earnings on Thursday

Fiserv (NYSE:FI - Get Free Report) is expected to announce its earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $2.07 per share and revenue of $4.86 billion for the quarter. Fiserv has set its FY 2025 guidance at 10.100-10.300 EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

Fiserv (NYSE:FI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%. On average, analysts expect Fiserv to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Fiserv Stock Down 0.8 %

NYSE FI traded down $1.60 during mid-day trading on Friday, reaching $208.51. 3,571,247 shares of the company's stock traded hands, compared to its average volume of 2,718,771. The company has a fifty day simple moving average of $219.31 and a 200-day simple moving average of $211.50. Fiserv has a 1-year low of $146.25 and a 1-year high of $238.59. The company has a market cap of $116.47 billion, a price-to-earnings ratio of 38.68, a P/E/G ratio of 1.52 and a beta of 0.91. The company has a current ratio of 1.06, a quick ratio of 1.07 and a debt-to-equity ratio of 0.86.

Fiserv announced that its Board of Directors has initiated a share repurchase program on Thursday, February 20th that authorizes the company to repurchase 60,000,000 shares. This repurchase authorization authorizes the business services provider to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Analyst Ratings Changes

A number of research analysts have commented on FI shares. Stephens increased their price objective on shares of Fiserv from $255.00 to $270.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. StockNews.com assumed coverage on shares of Fiserv in a research report on Sunday, March 23rd. They set a "buy" rating on the stock. Keefe, Bruyette & Woods upped their price objective on Fiserv from $238.00 to $260.00 and gave the company an "outperform" rating in a research note on Thursday, February 6th. Morgan Stanley increased their target price on Fiserv from $258.00 to $267.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Finally, BMO Capital Markets boosted their price target on Fiserv from $233.00 to $260.00 and gave the company an "outperform" rating in a report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $234.79.

Insider Activity at Fiserv

In related news, COO Guy Chiarello sold 45,000 shares of Fiserv stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $235.55, for a total value of $10,599,750.00. Following the transaction, the chief operating officer now owns 227,711 shares of the company's stock, valued at approximately $53,637,326.05. This trade represents a 16.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.75% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fiserv stock. Brighton Jones LLC raised its position in shares of Fiserv, Inc. (NYSE:FI - Free Report) by 91.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,245 shares of the business services provider's stock after purchasing an additional 2,033 shares during the quarter. Brighton Jones LLC's holdings in Fiserv were worth $872,000 at the end of the most recent quarter. Institutional investors and hedge funds own 90.98% of the company's stock.

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.