Fiserv (FISV) Hits New Lifetime High
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Fiserv as such a stock due to the following factors:
- FISV has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $93.1 million.
- FISV has traded 85,882 shares today.
- FISV is trading at a new lifetime high.
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More details on FISV:
Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide. FISV has a PE ratio of 33. Currently there are 4 analysts that rate Fiserv a buy, no analysts rate it a sell, and 12 rate it a hold.
The average volume for Fiserv has been 1.3 million shares per day over the past 30 days. Fiserv has a market cap of $21.8 billion and is part of the services sector and diversified services industry. The stock has a beta of 0.78 and a short float of 2.6% with 5.58 days to cover. Shares are up 35.3% year-to-date as of the close of trading on Wednesday.
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Analysis:
rates Fiserv as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, notable return on equity, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 27.0%. Since the same quarter one year prior, revenues slightly increased by 4.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- FISERV INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, FISERV INC increased its bottom line by earning $2.98 versus $2.45 in the prior year. This year, the market expects an improvement in earnings ($3.86 versus $2.98).
- The gross profit margin for FISERV INC is rather high; currently it is at 53.77%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 16.60% trails the industry average.
- Compared to its closing price of one year ago, FISV's share price has jumped by 36.63%, exceeding the performance of the broader market during that same time frame. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to other companies in the IT Services industry and the overall market on the basis of return on equity, FISERV INC has underperformed in comparison with the industry average, but has greatly exceeded that of the S&P 500.
- You can view the full Fiserv Ratings Report.
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