|Bid||116.66 x 900|
|Ask||116.67 x 800|
|Day's Range||113.60 - 116.89|
|52 Week Range||68.45 - 117.04|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||56.27|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||124.52|
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
IHS Markit's (INFO) business model ensures solid recurring revenue generation capacity, allowing the company to deliver stable revenues and predictable cash flows.
In 2017, Fiserv launched a search for a site that would accommodate a new, 125,000-square-foot office building in the Milwaukee area.
Fiserv Inc. has entered into an agreement to sell the majority of its investment service business to investors with private equity firm Motive Partners, according to a Thursday morning announcement from the Brookfield-based financial technology company. Fiserv's investment services business provides technology for wealth and asset management, including to seven of the top 10 U.S. broker-dealers and nine of the top 12 U.S. retail asset managers. Cheryl Nash, president of investment services at Fiserv, will lead the newly formed joint venture while Rob Heyvaert, founder and managing partner of New York and London-based Motive Partners, will serve as executive chairman.
The initial five-year revenue and cost synergy targets of $500 million and $900 million, respectively, appear conservative in terms of both magnitude and timing, Kupferberg said in the initiation note. During the third-quarter earnings call, Fiserv guided to organic revenue growth of at least 7% in 2020. The merger with First Data “dramatically diversifies” Fiserv’s revenue mix “by vertically integrating a faster growing merchant acquiring business” to the company’s already robust portfolio of core banking solutions, Kupferberg noted.
Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, today announced that SAFE Credit Union, headquartered in Folsom, California and serving the greater Sacramento region, has chosen to extend its 38-year relationship with Fiserv to increase its overall agility in today’s digital banking environment. With nearly $3 billion in assets, SAFE Credit Union is among the nearly 150 credit unions with at least $1 billion in assets using a core account processing platform from Fiserv.
Black Friday shopping at physical stores saw a 4.2% increase in sales compared to 2018, according to First Data Insights. The Black Friday 2019 SpendTrend® Holiday Snapshot from First Data, now Fiserv, Inc.
Discover Financial (DFS) collaborates with PayPal to offer its cardmembers a rich suite of benefits and experiences for redeeming rewards.
Using payment services from Mastercard, Visa and others, IBD 50 stock FleetCor provides payment solutions to fleet operators and may fuel a new breakout.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the third quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, and the Milwaukee Bucks today announced a new recognition program that pays tribute to the men and women of the nation's military by honoring a Veteran of the Game. Honorees will be recognized at 10 home games at Fiserv Forum over the course of the 2019-20 season, with the first veteran announced at tomorrow night’s game against the Detroit Pistons. The Veteran of the Game program is part of Fiserv Salutes, which supports the company’s engagement with the military community with a focus on employment, experience and entrepreneurship.
After falling sharply in early August and into September, Square (NYSE:SQ) stock has made a slight rebound. Shares have climbed above the $60 price level, and closed yesterday at $67.42 a share. As SQ stock inches closer to the $70 price level, is now the time to buy?Source: Shutterstock Maybe not. True, the company's Nov. 6 earning releasecame in better than expected. But with shares trading at a rich valuation and competitors stepping up their game, it's important to note that Square stock is rife with risks. However, with last summer's beat-down of the share price, upside is also a possibility.Let's take a closer look, and see why all bets are off with SQ stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Square Stock is Starting to Feel RivalsFor the quarter ending Sept. 30, 2019, SQ sales were up 44% year-over-year, to $1.27 billion. But, this was only a slight boost from the prior quarter ($1.17 billion). Adjusted EBITDA came in at $131 million, up 85% from the prior year's quarter. Square reported adjusted revenue figures, but after an SEC comment letter, will discontinue using this non-GAAP metric. That adjusted revenue number consisted of revenue net of transaction and bitcoin expenses. The company used this figure to make it easier to compare results to peers. * 5 Lottery Stocks With Triple-Digit Upside The company's Seller Ecosystem continues to grow, albeit at a slower clip. Sales were up 27% YoY. Square built its reputation by offering a seamless payment platform for small businesses. But now, other major payment players are looking to offer compelling alternatives to Square's Seller Ecosystem products.Fiserv's (NASDAQ:FISV) Clover Payment System is an example. With increased competition, Square's sales and marketing costs are projected to rise 48% this year. As a result, this competitive pressure could hurt margins, and make it tougher for Square stock to deliver prior rates of growth.But on the business-to-customer (B2C) side, SQ stock may have a catalyst in play. Square's growth driver this quarter was the Cash App platform. Cash App revenue grew 115% year-over-year, to $123 million. But Cash App also faces heavy competition from deep-pocketed peers. PayPal's (NASDAQ:PYPL) Venmo is Cash App's main competitor. Facebook's (NASDAQ:FB) recent launch of its Facebook Pay application could also impact Cash App's growth.Analysts are mixed whether Facebook Pay is a threat. RBC analyst Dan Perlin sees it as a negative for PayPal and Square stock. But MoffettNathanson analyst Lisa Ellis views it differently, seeing Facebook Pay as a facilitator of e-commerce, rather than a "neobank" like Cash App. SQ Stock Remains Richly Priced to Payment Processing PeersThe jury's out whether the emerging competition will hinder SQ sales growth. Analysts project sales of $2.85 billion in 2020, up from $2.24 billion in 2019. That means approximately 27% growth for the coming year.High growth is required to justify the valuation of Square stock. Shares continue to trade at a substantial premium to peers. Square's forward non-GAAP price-to-earnings ratio (non-GAAP forward P/E ratio) is 86.1. In contrast, competitor PayPal has a forward non-GAAP P/E ratio of 34.1. Square's EV/EBITDA ratio is a staggering 360.7, compared to just 36.2 for PayPal.Looking at traditional payment processors, the valuation premium for Square stock is more substantial. Visa (NYSE:V) trades at 29.2x forward non-GAAP earnings. Its EV/EBITDA ratio is 25.5. Mastercard (NYSE:MA) trades for 37.1x forward earnings, and has an EV/EBITDA ratio of 30. Stay on the Square Stock SidelinesEven with challenges to its business, Square stock remains overvalued. While the company's growth somewhat justifies a high valuation, compared to peers the stock is irrationally priced. * 9 Tantalizing Dividend Stocks for 2020 How long can SQ stock trade at such a premium? I see one of two things happening to the shares in the coming months. Either the company takes another dive on missed expectations and greater competition. Or shares remain stagnant, as the company attempts to "grow into its valuation".Either way, there's limited upside with SQ stock. But the company could surprise me. The success of Cash App shows Square can move from one success to another. Perhaps the company can innovate again, create another next-level financial service the moves the needle. Cash App is making big moves into commission-free trading, startup Robinhood's turf.It's tough to predict whether Square can parlay its payments processing success into becoming a fintech financial supermarket. But at the current valuation, I'm not willing to take that risk. All bets are off where Square stock will trade in 2020. Therefore, I prefer to stay on the sidelines.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Marijuana Penny Stocks That Have Ridiculous Possibilities * 7 High-Yield ETFs to Buy Now * 4 Dow Jones Industrial Average Stocks to Sell The post All Bets Are Off With Square Stock as Rivals Heat Up Payments Competition appeared first on InvestorPlace.