Somewhat Favorable News Coverage Somewhat Unlikely to Affect Fiserv (FISV) Stock Price

News articles about Fiserv (NASDAQ:FISV) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fiserv earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.5796729369517 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

Several brokerages recently weighed in on FISV. Robert W. Baird reaffirmed an “outperform” rating and issued a $146.00 price target (up previously from $136.00) on shares of Fiserv in a research report on Tuesday, October 10th. SunTrust Banks reiterated a “hold” rating and issued a $130.00 price objective on shares of Fiserv in a research note on Wednesday, November 1st. Cowen reiterated a “hold” rating and issued a $115.00 price objective on shares of Fiserv in a research note on Thursday, October 12th. Barclays reiterated a “hold” rating and issued a $141.00 price objective on shares of Fiserv in a research note on Friday, January 5th. Finally, Cantor Fitzgerald reiterated a “hold” rating and issued a $126.00 price objective on shares of Fiserv in a research note on Wednesday, November 1st. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Fiserv currently has a consensus rating of “Hold” and a consensus price target of $131.70.

Fiserv (NASDAQ:FISV) traded up $0.72 during trading hours on Wednesday, reaching $137.01. 1,102,684 shares of the company’s stock traded hands, compared to its average volume of 805,081. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $28,550.00, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 2.04 and a beta of 0.82. Fiserv has a 52-week low of $104.51 and a 52-week high of $137.38.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $1.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.30 by ($0.03). Fiserv had a return on equity of 43.56% and a net margin of 16.31%. The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter in the previous year, the business earned $1.14 EPS. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. analysts expect that Fiserv will post 5.08 earnings per share for the current year.

In other news, insider Jeffery W. Yabuki sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $128.35, for a total transaction of $256,700.00. Following the completion of the sale, the insider now owns 236,835 shares in the company, valued at approximately $30,397,772.25. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Byron C. Vielehr sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $131.03, for a total transaction of $1,310,300.00. Following the sale, the insider now owns 19,719 shares of the company’s stock, valued at approximately $2,583,780.57. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,439 shares of company stock valued at $6,412,063. 1.80% of the stock is currently owned by company insiders.

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Fiserv Company Profile

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

Insider Buying and Selling by Quarter for Fiserv (NASDAQ:FISV)

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