Stocks of Fidelity National Information Services, Inc. (NYSE:FIS) traded higher last session on Wall Street, up 1.02% to $54.46.
According to the data, Fidelity National Information Services, Inc. (NYSE:FIS) has 31 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $81.00 and a low of $52.00, we find $66.00. Given the previous closing price of $53.91, this indicates a potential upside of 22.43 percent. FIS stock price is now 2.28% away from the 50-day moving average and -4.19% away from the 200-day moving average. The market capitalization of the company currently stands at $32.27B.
A total of 12 analysts have issued a hold rating and 15 have given it a buy rating. Brokers who have rated the stock have averaged $65.26 as their price target over the next twelve months.
In other news, Goldstein Jeffrey A, Director bought 1,045 shares of the company’s stock on Oct 17. The stock was bought for $55,385 at an average price of $53.00. Upon completion of the transaction, the Director now directly owns 7,378 shares in the company, valued at $0.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 17, Director Alemany Ellen R bought 855 shares of the business’s stock. A total of $45,315 was incurred on buying the stock at an average price of $53.00. This leaves the insider owning 4,598 shares of the company worth $0.25 million. Insiders disposed of 16,467 shares of company stock worth roughly $0.9 million over the past 1 year. A total of 0.38% of the company’s stock is owned by insiders.
Wednesday’s opening bell rang with an opening price of $53.95 for Fidelity National Information Services, Inc. (NYSE: FIS). During the past 12 months, Fidelity National Information Services, Inc. has had a low of $46.91 and a high of $79.32. As of last week, the company has a debt-to-equity ratio of 0.96, a current ratio of 0.76, and a quick ratio of 0.76. The fifty day moving average price for FIS is $53.23 and a two-hundred day moving average price translates $56.74 for the stock.
The latest earnings results from Fidelity National Information Services, Inc. (NYSE: FIS) was released for Sep, 2023. According to the Information Technology Services Company, earnings per share came in at $1.65, beating analysts’ expectations of $1.55 by 0.1. This compares to $0.05 EPS in the same period last year. The net profit margin was -180.33% and return on equity was -72.71% for FIS. The company reported revenue of $2.49 billion for the quarter, compared to $2.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.06 percent. For the current quarter, analysts expect FIS to generate $2.53B in revenue.
Fidelity National Information Services, Inc.(FIS) Company Profile
Fidelity National Information Services, Inc. provides technology solutions for financial institutions and businesses worldwide. It operates through Banking Solutions, Merchant Solutions, and Capital Market Solutions segments. The Banking Solutions segment provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; electronic funds transfer and network; card and retail payment; wealth and retirement; and item processing and output solutions. The Merchant Solutions segment offers small- to medium-sized businesses acquiring, enterprise acquiring, and ecommerce solutions. The Capital Market Solutions segment provides investment operations and data, lending, trading and processing, and treasury and risk solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.