Fiserv, Inc. (FI) Monthly Stock Report

Publication Date: September 22, 2024

Company Overview

Fiserv, Inc. (FI), headquartered in Milwaukee, Wisconsin, has firmly established itself as a leader in the technology sector since its inception in 1984. The company specializes in providing a wide range of payments and financial services across multiple geographic regions, including the United States, Europe, the Middle East and Africa, Latin America, and the Asia-Pacific. Operating through three primary segments—Merchant Acceptance, Financial Technology, and Payments and Network—Fiserv offers innovative solutions such as digital commerce, mobile payments, and digital banking. Its extensive partnerships with merchants, banks, credit unions, and corporate clients solidify Fiserv’s crucial role in the financial services industry, categorized within the Information Technology Services sector, specifically Transaction & Payment Processing Services.

Financial Performance and Investment Outlook

Fiserv has reported a robust total revenue of $19.78 billion, showcasing strong financial health which positions the company favorably in the market. Currently trading at $177.61, the stock is closely aligned with the target mean price of $177.66, indicating a stable valuation. Analysts maintain an optimistic outlook, with a target high price set at $200.00, suggesting potential for future price appreciation, driven by the company’s impressive financial performance. The stock’s performance over the last year is noteworthy, with the current price reflecting significant growth from a fifty-two week low of $109.12.

Further analysis reveals a total of 575,724,992 shares outstanding, with a relatively low short interest percentage of approximately 0.0162, indicating cautious optimism among investors. The calculated price range shows a target high of $200.00 and a target low of $130.00, with a recommendation mean score of 1.8 from 32 analysts categorizing the stock as a “buy.” These metrics highlight a strong consensus on the stock’s investment potential.

Market Indicators and Trends

The current price of $177.61 is notably close to the fifty-two week high of $178.89, demonstrating bullish momentum in the market. Fiserv’s fifty-day moving average stands at $165.80, suggesting the stock has been performing well above its historical average trend. This performance illustrates not only a recovery but also continued upward momentum as Fiserv approaches its yearly peak. Investors should remain attentive to quarterly earnings reports and broader market trends, as these will provide further insights into the company’s operational efficiency and potential long-term growth.

Overall, Fiserv’s strong financial performance, favorable analyst ratings, and bullish price trends position it as a promising investment opportunity within the technology sector.

Metric	Value
Market Cap	$102.3b
Total Debt	$25.6b
Total Cash	$1.2b
Shares Outstanding	575.7m
Float Shares	571.4m