Fiserv (FISV) Scheduled to Post Earnings on Tuesday

Fiserv (NASDAQ:FISV) will announce its earnings results after the market closes on Tuesday, April 24th. Analysts expect the company to announce earnings of $1.39 per share for the quarter. Fiserv has set its FY18 guidance at $6.05 to $6.30 EPS.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Wednesday, February 7th. The business services provider reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Fiserv had a net margin of 21.88% and a return on equity of 44.58%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.58 earnings per share. On average, analysts expect Fiserv to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

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Shares of FISV stock opened at $71.59 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $29,152.16, a price-to-earnings ratio of 27.96, a PEG ratio of 1.99 and a beta of 0.81. Fiserv has a one year low of $57.85 and a one year high of $74.46.

In other Fiserv news, Director Harry Disimone acquired 353 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was acquired at an average price of $141.59 per share, for a total transaction of $49,981.27. Following the purchase, the director now directly owns 154 shares of the company’s stock, valued at $21,804.86. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Denis Oleary sold 12,160 shares of Fiserv stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $142.64, for a total transaction of $1,734,502.40. The disclosure for this sale can be found here. Insiders sold a total of 80,160 shares of company stock valued at $8,993,842 in the last quarter. Corporate insiders own 1.80% of the company’s stock.

A number of analysts have recently issued reports on FISV shares. Cantor Fitzgerald restated a “hold” rating and set a $63.00 target price on shares of Fiserv in a research note on Wednesday, February 7th. ValuEngine cut shares of Fiserv from a “hold” rating to a “sell” rating in a research note on Thursday, March 22nd. Barclays restated a “hold” rating and set a $70.50 target price on shares of Fiserv in a research note on Friday, January 5th. Zacks Investment Research upgraded shares of Fiserv from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a research note on Tuesday, February 13th. Finally, Credit Suisse Group raised their target price on shares of Fiserv from $63.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. Fiserv presently has an average rating of “Hold” and an average price target of $70.83.

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About Fiserv

Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.

Earnings History for Fiserv (NASDAQ:FISV)

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