Somewhat Favorable News Coverage Somewhat Unlikely to Affect Fiserv (FISV) Share Price
News articles about Fiserv (NASDAQ:FISV) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fiserv earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 47.3410635768162 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- 4 Stocks to Buy That Might Hit the Tax Reform Jackpot in 2018 (247wallst.com)
- Active Runners in Focus: Cytomx Thera (CTMX) and Fiserv Inc (FISV) – Clawson News (clawsonnews.com)
- Fiserv Inc (FISV) Expected to Announce Quarterly Sales of $1.51 Billion (americanbankingnews.com)
- Byron C. Vielehr Sells 10,000 Shares of Fiserv Inc (FISV) Stock (americanbankingnews.com)
- Zacks: Brokerages Expect Fiserv Inc (FISV) to Announce $1.37 Earnings Per Share (americanbankingnews.com)
Fiserv (NASDAQ FISV) traded down $0.96 during midday trading on Thursday, hitting $130.63. 525,119 shares of the company traded hands, compared to its average volume of 864,284. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 2.14. Fiserv has a twelve month low of $104.51 and a twelve month high of $133.36. The company has a market capitalization of $27,542.06, a PE ratio of 27.14, a PEG ratio of 2.26 and a beta of 0.82.
Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, October 31st. The business services provider reported $1.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.30 by ($0.03). Fiserv had a net margin of 16.31% and a return on equity of 43.56%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the previous year, the business posted $1.14 EPS. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. sell-side analysts predict that Fiserv will post 5.08 earnings per share for the current year.
FISV has been the topic of several research analyst reports. Zacks Investment Research raised Fiserv from a “sell” rating to a “hold” rating in a research report on Monday, October 16th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $128.00 price target on shares of Fiserv in a research report on Sunday, October 8th. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $126.00 price target on shares of Fiserv in a research report on Wednesday, November 1st. Robert W. Baird reaffirmed a “buy” rating and issued a $136.00 price target on shares of Fiserv in a research report on Friday, September 8th. Finally, Cowen reaffirmed a “hold” rating and issued a $115.00 price target on shares of Fiserv in a research report on Thursday, October 12th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $130.41.
In other Fiserv news, insider Byron C. Vielehr sold 10,000 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $131.03, for a total transaction of $1,310,300.00. Following the completion of the transaction, the insider now owns 19,719 shares in the company, valued at $2,583,780.57. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffery W. Yabuki sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $128.35, for a total transaction of $256,700.00. Following the transaction, the insider now owns 236,835 shares of the company’s stock, valued at approximately $30,397,772.25. The disclosure for this sale can be found here. In the last quarter, insiders sold 32,439 shares of company stock valued at $4,182,003. 1.80% of the stock is owned by corporate insiders.
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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.
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