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