FI Stock Summary and Trading Ideas (Fiserv | NYSE:FI)

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for us banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.

Fiserv trades on the NYSE stock market under the symbol FI.

As of December 13, 2024, FI stock price climbed to $205.11 with 292,720 million shares trading.

FI has a beta of 0.65, meaning it tends to be less sensitive to market movements. FI has a correlation of 0.22 to the broad based SPY ETF.

FI has a market cap of $116.69 billion. This is considered a Large Cap stock.

Last quarter Fiserv reported $5 billion in Revenue and $2.30 earnings per share. This beat revenue expectation by $315 million and exceeded earnings estimates by $.04.

The top ETF exchange traded funds that FI belongs to (by Net Assets): VTI, VOO, SPY, IVV, XLF.

FI has outperformed the market in the last year with a return of +52.5%, while the SPY ETF gained +32.0%. In the last 3 month period, FI beat the market returning +18.1%, while SPY returned +8.6%. However, in the most recent 2 weeks FI has underperformed the stock market by returning -7.0%, while SPY returned +1.1%.

FI support price is $202.29 and resistance is $207.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FI shares will trade within this expected range on the day.