Old Hare on Tour🚀?

Fiserv is a 37-year-old payment specialist, which specializes in the development & implementation of IT solutions for the finance and insurance industry. Currently, the share price is trending 9% below the all-time high - strike😜?

Business areas 📊

🧍🏼‍♂️Händlerakzeptanz - Issuing point-of-sale (POS) hardware systems to companies

🤑 Payments & Network - offering protection against fraud and processing of digital payments for banks and financial institutions Services

👷🏽 Offer of financial technologies - innovative software solutions for administrative tasks that can be used by banks ( Also, banks can build their online banking with it)

Nice 2 Know 🧠

🏋🏽‍♀️ Year-on-year sales increased by 17% in the 2nd quarter

🎯 In the area of merchant acceptance, sales of the 2nd quarter increased by 36% year-on-year

🥊 Global merchant volume increased by 35%

🚀 Payments processed within Clover POS systems whitened to 96% growth ( Clover= cloud-based enterprise payment platform)

☁️ Deal with Deutsche Bank, which expands the Clover platform to a market of 800,000 merchants

💰Expected earnings growth stands at 25%

🏦 According to estimates, Fiserv's profit is expected to increase by 17% in the coming year ( Paypal by 24%)

Defensive structure🛡

🚦 Fiserv does not lend money & is thus less sensitive to interest rates

In addition, the company was able to show a price increase of about 125% within the last 5 years, which is even higher than the S&P 500 ( 102%) within this period👀.

What is your opinion on Fiserv's numbers & do you think they will look the same in the near future🏆?

Is the stock already in your portfolio or still on your watchlist🧐?

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Source: The Motley Fool, finanzen.net,
investing.com , Marketscreener