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 April 24, 2024, FI stock price declined to $152.25 with 2,292,592 million shares trading.

FI has a beta of 0.91, meaning it tends to be less sensitive to market movements. FI has a correlation of 0.50 to the broad based SPY ETF.

FI has a market cap of $89.89 billion. This is considered a Large Cap stock.

Last quarter Fiserv reported $5 billion in Revenue and $1.88 earnings per share. This beat revenue expectation by $313 million and exceeded earnings estimates by $.09.

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

FI support price is $153.64 and resistance is $157.14 (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 stock will trade within this expected range on the day.