Fiserv (FI, Financial) shares have recently experienced a notable decline of 1.62%, bringing the stock price to $200.00 per share. The trading volume was reported at 942,116 shares with a turnover rate of 0.17% and a price fluctuation of 1.78%.
According to the latest financial report, Fiserv generated a revenue of $5.215 billion, with a net profit of $564 million, resulting in earnings per share of $0.98. The gross profit stood at $3.207 billion, and the company's price-to-earnings (P/E) ratio was 38.62.
Analyst ratings show that out of 38 institutions, 79% recommend buying the stock, while 21% suggest holding. Notably, no institution has advised selling the stock.
Within the information technology services sector, where Fiserv operates, the overall industry experienced a decline of 0.76%. Stocks such as Arb Iot Group Limited, Saiheat Limited, and Innodata Inc. showed substantial gains, while Arb Iot Group Limited, Saiheat Limited, and Applied Digital Corporation were among the most active in terms of turnover rates of 896.53%, 2.67%, and 2.42%, respectively. Furthermore, Arb Iot Group Limited, Saiheat Limited, and Data Storage Corp exhibited significant price volatility.
Fiserv is a prominent service provider for U.S. banks and credit unions, offering core processing and supplementary services including electronic funds transfer, payment processing, and loan processing. The company also provides merchant payment processing services following its merger with First Data in 2019. Approximately 10% of Fiserv’s revenue is generated from international markets.
