Fiserv Inc (NASDAQ:FISV) – Stock analysts at Northcoast Research issued their Q1 2018 EPS estimates for Fiserv in a research report issued on Thursday. Northcoast Research analyst K. Mehta forecasts that the business services provider will post earnings per share of $1.47 for the quarter. Northcoast Research also issued estimates for Fiserv’s Q2 2018 earnings at $1.48 EPS, Q3 2018 earnings at $1.54 EPS, Q4 2018 earnings at $1.75 EPS and FY2019 earnings at $7.00 EPS.
Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Wednesday, February 7th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.03. Fiserv had a return on equity of 46.18% and a net margin of 21.88%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the company earned $1.16 EPS. Fiserv’s revenue for the quarter was up 5.9% compared to the same quarter last year.
Fiserv (NASDAQ:FISV) opened at $137.46 on Friday. 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 1 year low of $108.85 and a 1 year high of $144.20. The stock has a market capitalization of $26,918.95, a P/E ratio of 23.70, a P/E/G ratio of 1.96 and a beta of 0.87.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Coastline Trust Co purchased a new position in shares of Fiserv in the 3rd quarter valued at approximately $202,000. Univest Corp of Pennsylvania purchased a new position in shares of Fiserv in the 4th quarter valued at approximately $202,000. Paragon Capital Management Ltd purchased a new position in shares of Fiserv in the 3rd quarter valued at approximately $206,000. Associated Banc Corp purchased a new position in shares of Fiserv in the 3rd quarter valued at approximately $261,000. Finally, Claraphi Advisory Network LLC purchased a new position in shares of Fiserv in the 4th quarter valued at approximately $267,000. Institutional investors own 88.49% of the company’s stock.
In other news, insider Jeffery W. Yabuki sold 2,000 shares of Fiserv stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $128.35, for a total value of $256,700.00. Following the sale, the insider now directly owns 236,835 shares in the company, valued at approximately $30,397,772.25. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jeffery W. Yabuki sold 17,000 shares of Fiserv stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $138.59, for a total value of $2,356,030.00. Following the completion of the sale, the insider now owns 203,051 shares in the company, valued at $28,140,838.09. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,439 shares of company stock worth $6,605,353. Corporate insiders own 1.80% of the company’s stock.
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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.
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