Fidelity National Information Services Inc. (NYSE:FIS) finished Thursday with an addition of $0.06 to close at $80.51, an upside of 0.07 percent. An average of 7,104,220 shares of common stock have been traded in the last five days. There was a fall of -$5.18 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 4,870,620 shares traded, while the 50-day average volume stands at 3,927,932.
FIS stock has decreased by -15.75% in the last month. The company shares reached their 1-month lowest point of $78.77 on 09/22/22. With the stock rallying to its 52-week high on 02/01/22, shares of the company touched a low of $80.44 and a high of $126.20 in 52 weeks. It has reached a new high 7 times so far this year and lost -26.24% or -$28.64 in price. In spite of this, the price is down -36.20% from the 52-week high.
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11 days have passed since Fidelity National Information Services Inc. (FIS) last reported insider trading activity. Norcross Gary, who is Chairman and CEO, most recently acquired $39,403 shares at $93.20 per share on Sep 12. In this transaction, the insider spent $3,672,370. Chairman and CEO, Norcross Gary, disposed of 80,000 shares at a price of $90.89 on Sep 09. The insider now owns more than $7,271,320 worth of shares. Prior to that, Chairman and CEO Norcross Gary went on to Sale 80,000 shares at $89.72 each on Sep 08. An amount of $7,177,888 was transacted.
Fidelity National Information Services Inc. (FIS) has a trailing price-to-earnings (P/E) ratio of 58.47. The stock’s beta is 0.79. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.46, the price-to-book (PB) ratio at 1.05, and the price-to-cash flow ratio at 14.36.
The company has a payout ratio of 90.20%. The company’s most recent quarterly dividend payment was $0.47 a share, without any change from last year. Its latest increase dividend $0.08 reported on Thursday January 27 2022.
The quick ratio of Fidelity National Information Services Inc. for the three months ended March 30 was 0.70, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.25 and a total debt to equity ratio of 0.40 for the quarter ending March 30. Its gross profit as reported stood at $5.2 billion compared to revenue of $13.88 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Fidelity National Information Services Inc.’s return on assets was 1.00%.
For the three-month period that ended March 30, Fidelity National Information Services Inc. had $11.76 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $277.0 million in the quarter, while revenues were shrunk -23.1%. The analyst consensus anticipated Fidelity National Information Services Inc.’s latest quarter earnings to come in at $1.45 per share, but it turned out to be $1.47, a 1.40% surprise. For the quarter, EBITDA amounted to $1.36 billion. Shareholders own equity worth $607.98 million.
From a technical analysis perspective, let’s take a brief look at Fidelity National Information Services Inc. (FIS) price momentum. RSI 9-day as of the close on 22 September was 18.40%, suggesting the stock is oversold, with historical volatility in this time frame at 21.75%.
As of today, FIS’s price is $81.87 -6.05% or -$5.18 from its 5-day moving average. FIS is currently trading -15.28% lower than its 20-day SMA and -18.80% lower than its 100-day SMA. However, the stock’s current price level is -13.97% below the SMA50 and -24.78% below the SMA200.
The stochastic %K and %D were 6.87% and 6.94%, respectively, and the average true range (ATR) was 2.58. With the 14-day stochastic at 11.50% and the average true range at 2.56, the RSI (14) stands at 24.00%. The stock has reached -4.04 on the 9-day MACD Oscillator while the 14-day reading was at -5.96.
Keefe Bruyette downgraded Fidelity National Information Services Inc. (NYSE: FIS) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Fidelity National Information Services Inc. (FIS) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell FIS, while 10 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 5 analysts, while 20 others rate it as a “buy”.
What is FIS’s price target for the next 12 months?
Analysts predict a range of price targets between $88.00 and $160.00, with a median target of $120.00. Taking a look at these predictions, the average price target given by analysts for Fidelity National Information Services Inc. (FIS) stock is $120.26.