Press coverage about Fiserv (NASDAQ:FISV) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fiserv earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.94727855195 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Fiserv, Inc. (FISV) Expected to Earn FY2017 Earnings of $5.13 Per Share (americanbankingnews.com)
- Fiserv, Inc. (NASDAQ:FISV) to Post FY2017 Earnings of $5.11 Per Share, William Blair Forecasts (americanbankingnews.com)
- Fiserv, Inc. (FISV) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Fiserv, Inc. (FISV) to Post Q3 2017 Earnings of $1.29 Per Share, SunTrust Banks Forecasts (americanbankingnews.com)
- KeyCorp Sets Fiserv Q3 2017 Earnings Estimates at $1.33 Per Share. $FISV https://t.co/17sjt5A8wh #FISV (4-traders.com)
Shares of Fiserv (FISV) traded down 0.60% during mid-day trading on Friday, reaching $123.23. The company had a trading volume of 201,875 shares. Fiserv has a 12-month low of $92.81 and a 12-month high of $129.35. The stock has a 50 day moving average price of $124.64 and a 200 day moving average price of $118.43. The firm has a market capitalization of $26.65 billion, a PE ratio of 30.17 and a beta of 0.81.
Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, August 1st. The business services provider reported $1.19 EPS for the quarter, missing the Zacks’ consensus estimate of $1.23 by $0.04. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Fiserv had a return on equity of 41.79% and a net margin of 16.04%. Fiserv’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the firm earned $1.08 earnings per share. On average, equities analysts forecast that Fiserv will post $5.10 earnings per share for the current year.
A number of equities research analysts have recently issued reports on the stock. Cowen and Company reissued a “hold” rating and issued a $115.00 target price on shares of Fiserv in a research report on Thursday. Credit Suisse Group boosted their target price on shares of Fiserv from $123.00 to $126.00 and gave the company a “neutral” rating in a research report on Wednesday. Barclays PLC reissued an “equal weight” rating and issued a $123.00 target price (up previously from $115.00) on shares of Fiserv in a research report on Wednesday. Royal Bank Of Canada boosted their target price on shares of Fiserv from $123.00 to $128.00 and gave the company a “sector perform” rating in a research report on Wednesday. Finally, BMO Capital Markets boosted their price target on Fiserv from $112.00 to $133.00 and gave the company a “market perform” rating in a research note on Tuesday. Nine research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Fiserv currently has a consensus rating of “Buy” and a consensus price target of $126.91.
WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Fiserv (FISV) Share Price” was published by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://stocknewstimes.com/2017/08/04/fiserv-fisv-receives-coverage-optimism-score-of-0-16-updated.html.
In other Fiserv news, insider Jeffery W. Yabuki sold 17,000 shares of Fiserv stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $121.85, for a total value of $2,071,450.00. Following the transaction, the insider now directly owns 323,776 shares of the company’s stock, valued at approximately $39,452,105.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 51,000 shares of company stock worth $6,339,810 over the last ninety days. Insiders own 1.90% of the company’s stock.
About Fiserv
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.
Receive News & Ratings for Fiserv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiserv Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
