Stock Insights on Fiserv Inc (NASDAQ:FISV)

[BUSINESS WIRE] Fiserv Inc (NASDAQ:FISV) (TREND ANALYSIS), a leading global provider of financial services technology solutions, announced today that EagleBank has implemented EnAct™ from Fiserv. EnAct now serves as the bank’s system of record for planning and tracking client management and sales activities, as well as managing bank-wide sales pipeline and performance.

Bankers across EagleBank’s business lines are now using EnAct to bring complex client relationships into focus and to identify the financial needs of clients and prospects. EnAct is enabling EagleBank to standardize relationship management practices, reduce manual reporting and facilitate collaboration across business lines while also helping to improve transparency to opportunities and sales results.

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Fiserv Inc (NASDAQ:FISV) is currently trading 2.2% below its 52-week-high, 35.94% above its 52-week-low. The 1-year range for the stock is $53.68 – $74.61. Fiserv Inc (FISV) has a price to earnings ratio of 23.57 versus Nasdaq average of 17.22. The stock price has outperformed the Nasdaq by 4.4%. FISV is currently valued at $17.8 billion and closed the last trading session at $72.84. The stock has a 50-day moving average of $71.65 and a 200-day moving average of $66.95.

Fiserv Inc (FISV) current short interest stands at 2.52 millions shares. It has increased by 18% from the same period of last month. Around 2% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.92 millions shares, the number of days required to cover the short positions stand at 2.8 days.

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There are currently twenty-three analysts that cover FISV. Of those twenty-three, seven have a Buy rating, fifteen have a Hold rating and one has a Sell rating. On a consensus basis this yields to a Overweight rating. The consensus target price stands at $70.06.

The most recent analyst activity consisted of Topeka Capital Markets who initiated their coverage on the stock with a Hold rating on November 21. Topeka Capital Markets fixed their price target at $71. This corresponds to a 2.53% downside from the last closing price. On the date of report, the stock closed at $70.06.

Another recent analyst activity consisted of Argus reiterating their Buy stance on September 16. Argus increased their price target on FISV from $70 to $75. This corresponds to a 2.97% upside from the last closing price. On the date of report, the stock closed at $65.18.

A third research firm was Monness Crespi & Hardt who initiated their coverage on the stock with a Buy rating on August 6. Monness Crespi & Hardt fixed their price target at $77. This translates to a 5.71% upside from the last closing price. On the date of report, the stock closed at $61.27.

Company profile

Fiserv Inc (NASDAQ:FISV) together with its subsidiaries, provides financial services technology worldwide. The company’s Payments and Industry Products segment offers electronic bill payment and presentment, card-based transaction processing and network services, ACH transaction processing, account-to-account transfer products, and person-to-person payments; Internet and mobile banking systems; and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. This segment also provides investment account processing services for separately managed accounts, card and print personalization services, and fraud and risk management products and services.

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