Fiserv Updates FY 2025 Earnings Guidance
Fiserv (NYSE:FI) provided an update regarding its earnings guidance for the fiscal year 2025 on Wednesday morning. The company has projected earnings per share (EPS) in the range of 10.100 to 10.300 for the upcoming period, slightly below the consensus estimate of 10.210.
Analyst Insights
Recent reports from equity analysts offer various perspectives on Fiserv's investment potential. Jefferies Financial Group raised its price target for Fiserv from $195.00 to $200.00, maintaining a "hold" rating in a note dated October 22. KeyCorp has increased its price target from $180.00 to $225.00 and upgraded the stock to an "overweight" rating on October 23. Similarly, Tigress Financial elevated its price objective from $190.00 to $244.00 with a "buy" rating on October 29. Morgan Stanley also raised its price target for Fiserv from $220.00 to $258.00, affirming an “overweight” stance in their report from December 18. Additionally, UBS Group adjusted their target price from $185.00 to $240.00, issuing a "buy" recommendation on October 23. In total, while three analysts advise holding the stock, 22 analysts recommend buying it, and two have issued strong buy ratings, resulting in an overall average rating of "Moderate Buy" and a consensus price target of $224.00 according to MarketBeat.com.
Share Performance
As for share performance, Fiserv opened at $214.21 on Wednesday. The company has a 50-day moving average of $208.45 and a 200-day moving average of $192.25. Fiserv’s debt-to-equity ratio stands at 0.85 with a current ratio and quick ratio both at 1.07. Presently, Fiserv has a market capitalization of $121.87 billion, a price-to-earnings ratio (P/E) of 41.19, a price-to-earnings-growth (PEG) ratio of 1.42, and a beta of 0.94. Over the past year, the stock has fluctuated between a low of $137.13 and a high of $223.23.
Quarterly Earnings Overview
In the most recent quarterly earnings report dated February 5, Fiserv reported an EPS of $2.51, surpassing the analysts' consensus estimate of $2.48 by $0.03. The company's net margin was 15.22%, and it achieved a 17.10% return on equity. Analysts expect Fiserv to achieve an EPS of 8.77 for the current year.
Insider Transactions
In related news, Chief Accounting Officer Kenneth Best recently sold 20,821 shares of Fiserv on November 12 at an average price of $214.61, resulting in a transaction worth approximately $4.47 million. Following this sale, Best retains ownership of 38,771 shares valued around $8.32 million, representing a 34.94% decrease in his overall stake. Insider trading details have been documented in a filing with the Securities and Exchange Commission, which is accessible through necessary channels. Currently, approximately 0.75% of Fiserv's stock is owned by insiders.
Company Overview
Fiserv, Inc., along with its subsidiaries, offers a range of technology services in the payments and financial services sector across various regions, including the United States, Europe, the Middle East, Africa, Latin America, and the Asia-Pacific. The company operates through segments such as Merchant Acceptance, Financial Technology, and Payments and Networks.
Conclusion
The recent updates from Fiserv indicate positive growth aspirations heading into FY 2025, with earnings expectations closely monitored by analysts and investors alike.
Fiserv, Earnings, Guidance