Let’s look at the key reasons that are pushing Fiserv, Inc. (FI) to new highs

On Monday, Fiserv, Inc. (NYSE: FI) was 1.12% up from the session before settling in for the closing price of $183.36. A 52-week range for FI has been $109.11 – $183.56.

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Technology Sector giant saw their annual sales surged by 29.39% over the last five years. When this article was written, the company’s average yearly earnings per share was at 16.25%. With a float of $571.37 million, this company’s outstanding shares have now reached $594.00 million.

The firm has a total of 42000 workers. Let’s measure their productivity.

Fiserv, Inc. (FI) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Fiserv, Inc. stocks. The insider ownership of Fiserv, Inc. is 0.76%, while institutional ownership is 91.95%. The most recent insider transaction that took place on Sep 20 ’24, was worth 25,718,036. In this transaction Chairman, President and CEO of this company sold 145,000 shares at a rate of $177.37, taking the stock ownership to the 2,965,084 shares. Before that another transaction happened on Sep 20 ’24, when Company’s Director proposed sale 145,000 for $178.78, making the entire transaction worth $25,923,100.

Fiserv, Inc. (FI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 16.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.04% during the next five years compared to 11.66% growth over the previous five years of trading.

Fiserv, Inc. (NYSE: FI) Trading Performance Indicators

You can see what Fiserv, Inc. (FI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.40. Likewise, its price to free cash flow for the trailing twelve months is 27.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.77, a number that is poised to hit 2.26 in the next quarter and is forecasted to reach 10.14 in one year’s time.

Technical Analysis of Fiserv, Inc. (FI)

Analysing the last 5-days average volume posted by the [Fiserv, Inc., FI], we can find that recorded value of 2.08 million was lower than the volume posted last year of 2.46 million. As of the previous 9 days, the stock’s Stochastic %D was 98.58%. Additionally, its Average True Range was 2.54.

During the past 100 days, Fiserv, Inc.’s (FI) raw stochastic average was set at 99.77%, which indicates a significant increase from 99.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.80% in the past 14 days, which was lower than the 16.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $170.42, while its 200-day Moving Average is $153.88. Now, the first resistance to watch is $186.33. This is followed by the second major resistance level at $187.24. The third major resistance level sits at $188.97. If the price goes on to break the first support level at $183.69, it is likely to go to the next support level at $181.96. Now, if the price goes above the second support level, the third support stands at $181.05.

Fiserv, Inc. (NYSE: FI) Key Stats

There are 585,102K outstanding shares of the company, which has a market capitalization of 106.75 billion. As of now, sales total 19,093 M while income totals 3,068 M. Its latest quarter income was 5,107 M while its last quarter net income were 894,000 K.