Can Fiserv, Inc.’s (FI) hike of 2.66% in a week be considered a lucky break?

A new trading day began on Friday, with Fiserv, Inc. (NYSE: FI) stock price up 1.26% from the previous day of trading, before settling in for the closing price of $187.99. FI’s price has ranged from $109.11 to $188.85 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 29.39%. Meanwhile, its annual earnings per share averaged 16.30%. With a float of $571.37 million, this company’s outstanding shares have now reached $594.00 million.

The extent of productivity of a business whose workforce counts for 42000 workers is very important to gauge. In terms of profitability, gross margin is 63.84%, operating margin of 28.11%, and the pretax margin is 22.06%.

Fiserv, Inc. (FI) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of Fiserv, Inc. is 0.76%, while institutional ownership is 92.10%. 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) Latest Financial update

In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.96 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.02% during the next five years compared to 11.66% growth over the previous five years of trading.

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

Here are Fiserv, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.54. Likewise, its price to free cash flow for the trailing twelve months is 27.78.

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 10.15 in one year’s time.

Technical Analysis of Fiserv, Inc. (FI)

The latest stats from [Fiserv, Inc., FI] show that its last 5-days average volume of 2.24 million was inferior to 2.45 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 91.99%. Additionally, its Average True Range was 2.50.

During the past 100 days, Fiserv, Inc.’s (FI) raw stochastic average was set at 98.05%, which indicates a significant increase from 94.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.53% in the past 14 days, which was lower than the 16.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $172.98, while its 200-day Moving Average is $155.24. Now, the first resistance to watch is $191.57. This is followed by the second major resistance level at $192.80. The third major resistance level sits at $194.37. If the price goes on to break the first support level at $188.78, it is likely to go to the next support level at $187.21. The third support level lies at $185.98 if the price breaches the second support level.

Fiserv, Inc. (NYSE: FI) Key Stats

With a market capitalization of 109.59 billion, the company has a total of 585,102K Shares Outstanding. Currently, annual sales are 19,093 M while annual income is 3,068 M. The company’s previous quarter sales were 5,107 M while its latest quarter income was 894,000 K.