|Bid||82.70 x 2900|
|Ask||87.38 x 800|
|Day's Range||85.15 - 86.28|
|52 Week Range||68.43 - 87.26|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||29.82|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||91.07|
Fidelity National Information Services Inc. COO Bruce Lowthers sees ample opportunities in his company's $43 billion acquisition of Ohio-based ecommerce leader Worldpay (NYSE: WP). The pairing brings FIS's (NYSE: FIS) banking customers, which include 45 of the world's 50 largest banks, together with Worldpay's more than 1 million merchant customers and creates major cross-selling opportunities for the company's more than 3,000 salespeople, Lowthers told the Business Journal. The merger will lead to new products, such as store credit programs, that build on the companies' different strenghts, Lowthers added, and it brings together the two companies' patchwork of foreign markets.
Fidelity National Information Services (NYSE: FIS) and Worldpay (NYSE: WP) investors had opposite reactions to Monday's news that the fintech and ecommerce companies were merging. FIS stock finished 0.8 percent down at market close, while Worldpay finished up 9.8 percent. In notes, SunTrust Robinson Humphrey Inc. analyst Andrew Jeffrey wrote that the $43 billion acquisition, which gives Worldpay a 47 percent stake in the surviving FIS, appeared to be a reaction to Fiserv Inc.'s (Nasdaq: FISV) acquisition of First Data Corp. (NYSE: FDC) in January.
Payment Providers Seeking Fat Paychecks: PYPL, SQ, and FISV(Continued from Prior Part)Probe focuses on consideration’s adequacy A law firm led by Louisiana’s former attorney general is investigating the proposed merger between Fiserv (FISV) and
Fidelity National Information Services Inc. (FIS) and Worldpay Inc. pared earlier gains in Monday trading, as analysts question FIS’s pact to acquire Worldpay Inc. for about $34 billion in cash and stock, worth about $112.12 per share as of Friday’s close. Analysts wondered why Worldpay agreed to be bought at that price, instead of trying to get more […] The post $34 Billion Purchase of Worldpay May Shake Up Travel Payments appeared first on Skift.
Merger activity in the payments business is starting to look a bit frantic. While the latest $35 billion tie-up has some logic, justifying its high price will require delivering on an ambitious strategy to expand into developing markets. , a Florida-based provider of data and technology services to banks and other financial intuitions, said Monday it is acquiring payment-processing giant Worldpay Inc. for $35 billion.
Fidelity (FIS) announces to buy 53% ownership in Worldpay via a stock-cash deal, in a bid to boost its revenue growth prospects.
Payment Providers Seeking Fat Paychecks: PYPL, SQ, and FISV(Continued from Prior Part)Death coincides with Square’s anniversaryOne of Square’s (SQ) founding talents died last month, according to CNBC. Tristan O’Tierney, 35, died in the
All You Need to Know ahead of PayPal’s Q1 Results(Continued from Prior Part)PayPal now supports instant bank transfersPayPal (PYPL) recently introduced an instant bank transfer option for its customers, with the option initially rolling out to
A Look at PayPal’s International Opportunities and Challenges(Continued from Prior Part)PayPal wooing taxpayers PayPal (PYPL) wants to cash in on tax season. Americans have until April 15 to file their federal income tax returns. A few weeks after
Why Square Looks Unstoppable in 2019(Continued from Prior Part)PayPal withdrawal for bitcoin traders Square (SQ) and PayPal (PYPL) have so far chosen different paths with regards to monetizing bitcoin, the world’s most famous cryptocurrency. While
Why Square Looks Unstoppable in 2019(Continued from Prior Part)Square breaks out revenue as net revenue and adjusted revenueUnlike PayPal (PYPL), Square (SQ) reports two revenue metrics: net revenue and adjusted revenue. Square’s net revenue is
Why Square Looks Unstoppable in 2019(Continued from Prior Part)Square’s ambitions Square’s (SQ) ambitions and the tightening competition in the payments technology industry could keep the company’s expenses rising this year. The company has
Why Square Looks Unstoppable in 2019(Continued from Prior Part)Square maintains stable payback on marketing expenditure To drive growth in a highly competitive industry, companies typically spend a big chunk of their revenue on sales and marketing
Fiserv (FISV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Why Square Looks Unstoppable in 2019(Continued from Prior Part)New products contribute 37% of revenue Each year, Square (SQ) introduces new products to cater to the evolving needs of its customers, and 2018 was no exception. Last year,
Fiserv, Inc. , a leading global provider of financial services technology solutions, announced today that Jeffery Yabuki, President and Chief Executive Officer, will present at the Wolfe Research FinTech Forum in New York City on March 12, 2019 at 12:00 p.m.
Today we are going to look at Fiserv, Inc. (NASDAQ:FISV) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), sinceRead More...
Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, announced today that HealthCare First Credit Union and Portland Local 8 Federal Credit Union will move from their current core processing providers to Fiserv to prepare for future institutional needs and member expectations. Both credit unions cited the Fiserv technology ecosystem and commitment to continued platform investment as key motivators in their decision to partner with Fiserv for ASP core processing and multiple integrated solutions, from online banking to bill payment to loan origination and accounting.
Fiserv Inc NASDAQ/NGS:FISVView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NegativeShort interest is moderately high for FISV with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 21. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold FISV had net inflows of $6.00 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. FISV credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Fiserv, Inc. , a leading global provider of financial services technology solutions, announced today that Jeffery Yabuki, President and Chief Executive Officer, will present at the Evercore ISI Payments and FinTech Innovators Forum in New York City on March 7, 2019 at 9:20 a.m.