In today’s recent session, 2.16 million shares of the Fiserv, Inc. (NYSE:FI) have been traded, and its beta is 0.93. Most recently the company’s share price was $154.01, and it changed around $5.21 or 3.50% from the last close, which brings the market valuation of the company to $90.93B. FI at last check was trading at a discount to its 52-week high of $159.99, offering almost -3.88% off that amount. The share price’s 52-week low was $109.11, which indicates that the recent value has risen by an impressive 29.15% since then. We note from Fiserv, Inc.’s average daily trading volume that its 3-month average coming to 2.49 million.
Fiserv, Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 1.58. If we narrow it down even further, the data shows that 6 out of 19 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 10 recommended FI as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Fiserv, Inc. is expected to report earnings per share of $1.79 for the current quarter.
Fiserv, Inc. (NYSE:FI) trade information
Instantly FI has been showing a green trend so far today with a performance of 3.50% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 15.94% year-to-date, but still up 5.20% over the last five days. On the other hand, Fiserv, Inc. (NYSE:FI) is -1.46% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $161, which translates to bulls needing to increase their stock price by 4.34% from its current value. Analyst projections state that FI is forecast to be at a low of $156 and a high of $168.
Fiserv, Inc. (FI) estimates and forecasts
Fiserv, Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 39.38 percent over the past six months and at a 14.76% annual growth rate that is well below the industry average of 14.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 13.30% in revenue this quarter, and will report an increase of 15.50% in the next quarter. The year-over-year growth rate is expected to be 7.30%, up from the previous year.
Consensus estimates provided by 21 financial analysts predict the company will bring in an average of $4.57 billion in revenue for the current quarter. 21 analysts expect Fiserv, Inc. to make $4.86 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $4.28 billion and $4.51 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.80%. Forecasts for the next quarter put sales growth at 7.80%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.66%. Fiserv, Inc. earnings are expected to increase by 14.74% in 2024, but the outlook is positive 15.03% per year for the next five years.
