[EDGAR] Fiserv Inc (NASDAQ:FISV)(TREND ANALYSIS) This quarterly report contains “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those that express a plan, belief, expectation, estimation, anticipation, intent, contingency, future development or similar expression, and can generally be identified as forward-looking because they include words such as “believes,” “anticipates,” “expects,” “could,” “should” or words of similar meaning. Statements that describe our future plans, objectives or goals are also forward-looking statements. The forward-looking statements in this report involve significant risks and uncertainties, and a number of factors, both foreseen and unforeseen, could cause actual results to differ materially from our current expectations. The factors that may affect our results include, among others: pricing and other actions by competitors; the capacity of our technology to keep pace with a rapidly evolving marketplace; the impact of market and economic conditions on the financial services industry; the impact of a security breach or operational failure on our business; the effect of legislative and regulatory actions in the United States and internationally; our ability to comply with government regulations; our ability to successfully identify, complete and integrate acquisitions, and to realize the anticipated benefits associated with the same; the impact of our strategic initiatives; and other factors identified in our Annual Report on Form 10-K for the year ended December 31, 2015 and in other documents that we file with the Securities and Exchange Commission. You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements, which speak only as of the date of this report. We undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this report.
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Fiserv Inc (NASDAQ:FISV) stock is currently trading 0.03% below its 52-week-high, 35.39% above its 52-week-low. The 1-year stock price history is in the range of $77.96 – $105.58. Fiserv Inc (FISV) has a price to earnings ratio of 35.3 versus Services sector average of 20.03. FISV stock price has outperformed the Nasdaq by 19.2%. The Data Processing & Management company is currently valued at $23.53 billion, and its share price closed the last trading session at $105.55. The stock has a 50-day moving average of $100.38 and a 200-day moving average of $95.95.
Fiserv Inc (FISV) current short interest stands at 3.84 million shares. It has decreased by 13% from the same period of last month. Around 4% of the company’s shares, which are float, are short sold. With a 10-days average volume of 1.24 million shares, the number of days required to cover the short positions stand at 3.2 days.
FISV is forecasted to report earnings per share of $1.08 and a revenue of $1.38 billion for the 2nd Quarter of the fiscal year 2016. Fiserv Inc (FISV) declared last quarter earnings on May 05. The Data Processing & Management company announced last quarter earnings per share of $1.06 against a consensus Street estimate of $1.02, beating the average estimate by $0.04. The company posted a revenue of $1.33 billion compared to an estimation of $1.34 billion.
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There are currently twenty-three analysts that cover Fiserv Inc stock. Of those twenty-three, six have a Buy rating, sixteen have a Hold rating and one has a Sell rating. On a consensus basis this yields to a Hold rating. The consensus target price stands at $100.76.
A recent analyst activity consisted of Argus Research upgrading their Hold rating to Buy on May 9. On the date of report, the stock closed at $103.62.
Compass Point initiated their coverage on the stock with Sell rating on April 15, and fixed their price target at $85. This corresponds to a 19.47% downside from the last closing price. On the date of report, the stock closed at $99.78.
Another research firm was Oppenheimer who downgraded their Outperform rating to Perform on March 21. On the date of report, the stock closed at $100.42.
Fiserv, Inc. provides integrated information management and electronic commerce systems and services. The Company’s solutions include transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions.