Fiserv Inc (FISV) to Post Q1 2018 Earnings of $1.47 Per Share, Northcoast Research Forecasts

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.

Several other research firms have also issued reports on FISV. Cantor Fitzgerald restated a “hold” rating and set a $126.00 price target on shares of Fiserv in a research report on Wednesday, November 1st. Zacks Investment Research upgraded Fiserv from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Citigroup raised their price target on Fiserv from $138.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday. Cowen restated a “hold” rating and set a $135.00 price target on shares of Fiserv in a research report on Thursday. Finally, SunTrust Banks upgraded Fiserv from a “hold” rating to a “buy” rating in a research report on Friday. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $139.86.

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.

Earnings History and Estimates for Fiserv (NASDAQ:FISV)

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