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.
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.
TRADEMARK VIOLATION WARNING: “Fiserv (FISV) Scheduled to Post Earnings on Tuesday” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.dispatchtribunal.com/2018/04/17/fiserv-fisv-scheduled-to-post-earnings-on-tuesday.html.
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.
Receive News & Ratings for Fiserv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv and related companies with MarketBeat.com's FREE daily email newsletter.