Analysts continue to hold a strong interest in
Fiserv (FI), with the company receiving a new $168.00 price target from Mizuho. Josh Brown believes the company presents a strong value stock opportunity. Several investment firms, including Barry Investment Advisors LLC and Beacon Pointe Advisors LLC, have recently purchased new positions in Fiserv. The company's earnings haven't escaped attention and they reported stronger than expected Q1 2024 results. Looking at Fiserv's performance against competitors, it still holds its own. Despite some revenues not meeting estimates, the company appears to have maintained its attractive investment nature.
Zacks Research has lowered estimates for
Fiserv however, boosting the company's earning guide after Q1 results surpassed consensus. Insiders disposing stock could be a potential bearish signal. However, Fiserv's business model and its solid business model suggest lower returns ahead. The company reported strong earnings in 2023, with key metrics posting double-digit growth. As the current valuations stand, if you had invested $1000 in Fiserv a decade ago, you would have seen significant returns today. Its Clover product has seen a 30% revenue growth while also expanding its in-person bill payment options. Fiserv reported EPS beating expectations and has certainly earned its place among stocks with a 95-plus composite rating.
Fiserv FI News Analytics from Mon, 07 Aug 2023 07:00:00 GMT to Wed, 22 May 2024 18:41:08 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
