New Lifetime High Reached: Fiserv (FISV)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Fiserv ( FISV) 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 $49.7 million.
  • FISV has traded 10,011 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 23.4. Currently there are 6 analysts that rate Fiserv a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Fiserv has been 892,300 shares per day over the past 30 days. Fiserv has a market cap of $16.1 billion and is part of the services sector and diversified services industry. The stock has a beta of 1.11 and a short float of 1% with 2.94 days to cover. Shares are up 9.2% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Fiserv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, reasonable valuation levels, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Highlights from the ratings report include:
  • The revenue growth came in higher than the industry average of 12.2%. Since the same quarter one year prior, revenues slightly increased by 4.6%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • FISERV INC has improved earnings per share by 15.0% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, FISERV INC increased its bottom line by earning $2.45 versus $2.15 in the prior year. This year, the market expects an improvement in earnings ($3.36 versus $2.45).
  • Net operating cash flow has significantly increased by 63.90% to $277.00 million when compared to the same quarter last year. In addition, FISERV INC has also vastly surpassed the industry average cash flow growth rate of -2.61%.
  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 33.75% over the past year, a rise that has exceeded that of the S&P 500 Index. 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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