Interested In Buying Fidelity National Information Services Inc. (FIS)? Make Sure You Read This First

The stock of Fidelity National Information Services Inc. (NYSE:FIS) increased by $1.13 on Tuesday to finish at $92.97, up 1.23 percent. The last five days have seen an average of 4,802,940 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$16.18. The average number of shares traded over the last 20 days was 3,558,185, while the average volume over the last 50 days totaled 3,583,488.

FIS stock dropped -4.32% since last month. On 06/16/22, the company’s shares reached a one-month low of $90.25. The stock touched a high of $152.20 on 02/01/22, after rallying from a low of $85.00 in 52 weeks. The price of FIS stock has declined by -14.82% or -$16.18 this year, reaching a new high 7 times. Still, the stock price is down -38.92% from the 52-week high.


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Insider Transactions

There have been 12 days since Fidelity National Information Services Inc. (FIS) last reported insider trading activity on Jun 10. On Jun 10, President, Banking Solutions Boyd Martin sold 14,910 shares at $97.99 each. This transaction resulted in the insider making $1,461,031. On Dec 29, Norcross Gary sold 20,061 shares at a price of US$109.06. After the transaction, the insider now owns 830,571 shares. Chairman and CEO Norcross Gary had earlier sold 105,000 shares on Dec 28 for $109.66 a share. The transaction was completed for $11,513,971.

Valuation Metrics

Fidelity National Information Services Inc. (FIS) has a trailing price-to-earnings (P/E) ratio of 63.24. Beta for the stock is 0.74. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.96, the price-to-book (PB) ratio of 1.21, and the price-to-cash flow ratio of 15.99.

Company paid $0.47 per share in dividends, remained unchanged from $0.47 last year. A $0.08 dividend increase was reported on Thursday January 27 2022.

Financial Health

For the three months ended March 30, Fidelity National Information Services Inc.’s quick ratio was 0.70, while its current ratio was 0.70, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.30, and the total debt to equity ratio is 0.41. As far as profitability goes, gross margin for the trailing twelve months is 37.70% percent. Fidelity National Information Services Inc.’s operating margin stood at 5.70% for the same period. Based on annual data, it had gross profit of $5.2 billion and revenue of $13.88 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. FIS’s return on assets (ROA) during the last 12 months has been 1.10%. There was a 0.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 1.90%.

Earnings Surprise

According to Fidelity National Information Services Inc.’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.49 billion, while revenues rose by 7.7% to $3.67 billion. It was predicted that Fidelity National Information Services Inc.’s quarterly earnings would be $1.47, but it ended up being $1.45, beating the consensus by 1.40%. EBITDA was $1.18 billion for the quarter. At the end of Fidelity National Information Services Inc.’s most recent quarter ended March 30, its liabilities totaled 34.16 billion, while its total debt was $20.88 billion. Equity owned by shareholders amounts to $610.77 million.

Technical Picture

Here’s a quick look at Fidelity National Information Services Inc.’s (FIS) price momentum from a technical perspective. As of 21 June, the RSI 9-day stood at 34.21%, suggesting the stock is Neutral, with a 32.96% historical volatility rate.

The stochastic %K and %D were 11.99% and 9.24% respectively, while the average true range (ATR) was 3.06. Based on the 14-day stochastic reading of 16.59%, the RSI (14) reading is 38.30%. On the 9-day MACD Oscillator, the stock is at -4.00, and the 14-day reading is at -7.13.

Analyst Ratings

In its most recent analyst report, Evercore ISI raised its rating on Fidelity National Information Services Inc. (NYSE: FIS) to an Outperform. Prior to this, analysts firm rated the stock as an In-line. Analysts have assigned Fidelity National Information Services Inc. (FIS) an Buy rating. FIS is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 5 rates it overweight and 25 others recommend it as a buy.

What is FIS’s price target for the next 12 months?

The current consensus forecast for the stock is between $102.00 and $176.00, with a median target price of $132.00. In analyzing these forecasts, the average price target given by analysts for Fidelity National Information Services Inc. (FIS) is $133.32.

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