
Fisv has reported a revenue of $8.5 billion in 2022, a significant increase from the previous year.
This growth can be attributed to the company's expansion into new markets and its ability to adapt to changing customer needs.
Fisv's net income has also seen a substantial increase, reaching $1.4 billion in 2022.
The company's financial data indicates a strong performance, with a revenue growth rate of 10% year-over-year.
Fisv's cash and cash equivalents have increased to $1.2 billion, providing a solid financial foundation for future growth.
The company's debt-to-equity ratio has remained stable, indicating a healthy balance between debt and equity.
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Company Performance
Fiserv has seen impressive growth over the past year, with its share price increasing by 57.33% in the last 12 months. This is a significant uptick in value, and it's likely to be a major draw for investors looking to get in on the ground floor of a successful company.
The company's 52-week high is $223.23, a far cry from its 52-week low of $132.15. This shows just how volatile the market can be, but also highlights Fiserv's resilience in the face of economic uncertainty.
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Fiserv's beta is 0.94, which indicates that the company's stock price is less volatile than the overall market. This makes it a relatively safe bet for investors looking to minimize their risk.
Over the past three months, Fiserv's stock price has increased by 12.49%, a significant gain that's likely to attract the attention of investors. In contrast, the company's stock price has decreased by 3.37% over the past month, a more modest decline.
Here are some key statistics that give you a sense of Fiserv's performance over the past year:
Fiserv's growth is not limited to its stock price. The company's sales have increased by 10% in the past quarter, with earnings rising by 13% to $1.58 per share. This is a strong performance that's likely to be a major factor in the company's future success.
In terms of long-term growth, Fiserv is expecting 8%-9% growth in organic revenue and $7.40-$7.50 in annual earnings per share. This would mark 12%-14% growth, a significant increase that's likely to be a major draw for investors.
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Financial Data
FI Stock Overview indicates that FI provides payments and financial services technology services in various regions around the world.
The company's liquidity ratio is strong, with a current ratio of 1.07, quick ratio of 1.07, and cash ratio of 0.03. This suggests that FI has a good balance between its current assets and liabilities.
FI's revenue has been steadily increasing over the past few years, with a revenue of $20,122 million in the last 12 months. The company's operating income has also been growing, with an increase of 24.74% in 2023 compared to the previous year.
Here is a summary of FI's key statistics:
FI's income statements show a steady growth in sales, with an increase of 7.65% in 2023 compared to the previous year. The company's gross profit on sales has also been increasing, with a growth of 17.24% in 2023.
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Liquidity Ratio
The liquidity ratio is a crucial financial metric that helps businesses assess their ability to pay off short-term debts. The current ratio is a key component of this metric, and in this case, it's a healthy 1.07.
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This means that for every dollar of current liabilities, the company has $1.07 in current assets to cover them. Quick ratio is another important measure, and it's also 1.07, indicating that the company can pay off its short-term debts quickly.
However, the cash ratio is a different story, standing at a relatively low 0.03. This suggests that the company may struggle to pay off its short-term debts if cash is tight.
The company's days sales outstanding (DSO) is a whopping 65.57 days, which means it takes a long time to collect payments from customers. In contrast, the days payable outstanding (DPO) is 22.68 days, indicating that the company takes a reasonable amount of time to pay its suppliers.
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Income Statements (USD)
Income Statements (USD) reveal a company's revenue and expenses over a specific period. The data shows a steady increase in sales, with a 7.65% change in 2023 compared to 2022.
Sales have grown from $5,696 million in 2017 to $19,093 million in 2023. The company's gross profit on sales has also increased, with a 17.24% change in 2023 compared to 2022.
Here's a breakdown of the company's income statements over the past few years:
The company's operating income has also seen a significant increase, with a 24.74% change in 2023 compared to 2022. Income before tax has grown by 33.81% in 2023 compared to 2022, and income after tax has increased by 21.26% in 2023 compared to 2022.
Dividend and Buy Back
The company has a 3-year average share buyback ratio of 3.9, indicating a significant investment in its own stock. This strategy can help boost shareholder value and reduce the number of outstanding shares.
The shareholder yield percentage is 2.88%, which is a measure of the total amount of dividends paid out to shareholders relative to the stock's current price. This percentage gives us an idea of the company's commitment to rewarding its investors.
The company has a strong track record of buying back its own shares, with a significant impact on the number of outstanding shares. With 568.92 million shares outstanding, the company's buyback efforts are making a noticeable difference.
Here's a quick summary of the company's dividend and buyback activity:
Frequently Asked Questions
What is the price target for Fisv?
Fiserv's 12-month average price target is $236.20, indicating a potential investment opportunity.
Who has Fiserv acquired?
Fiserv has acquired several companies, including Ondot Systems, NetPay, BentoBox, and Finxact, expanding its digital banking and payment services. These strategic acquisitions enhance Fiserv's capabilities in cloud-based core banking, payment facilitation, and online restaurant operations.
Sources
- https://www.paymentsdive.com/news/walmart-fiserv-real-time-bank-payments-online-credit-card-alternative/727640/
- https://www.investors.com/research/growth-stock-fiserv-zelle-partner-surges-after-earnings-nods-at-new-kid-on-the-block-the-federal-reserve/
- https://www.gurufocus.com/stock/FI/summary
- https://markets.businessinsider.com/stocks/fi-stock
- https://simplywall.st/stocks/us/diversified-financials/nyse-fi/fiserv
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