The stock of Fidelity National Information Services, Inc. (NYSE:FIS) last traded at $68.22, down -0.99% from the previous session.
FIS stock price is now 6.92% away from the 50-day moving average and 17.89% away from the 200-day moving average. The market capitalization of the company currently stands at $39.33B.
With the price target enhanced from $76 to $78, Robert W. Baird Downgraded its rating from Outperform to Neutral for Fidelity National Information Services, Inc. (NYSE: FIS). , while ‘UBS’ rates the stock as ‘Neutral’
In other news, Goldstein Jeffrey A, Director bought 899 shares of the company’s stock on Jan 17 ’24. The stock was bought for $54,228 at an average price of $60.32. Upon completion of the transaction, the Director now directly owns 8,277 shares in the company, valued at $0.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 17 ’24, Director Alemany Ellen R bought 735 shares of the business’s stock. A total of $44,335 was incurred on buying the stock at an average price of $60.32. This leaves the insider owning 35,333 shares of the company worth $2.41 million. A total of 0.28% of the company’s stock is owned by insiders.
During the past 12 months, Fidelity National Information Services, Inc. has had a low of $46.91 and a high of $70.52. As of last week, the company has a debt-to-equity ratio of 1.01, a current ratio of 0.75, and a quick ratio of 0.75. The fifty day moving average price for FIS is $63.95 and a two-hundred day moving average price translates $57.94 for the stock.
The latest earnings results from Fidelity National Information Services, Inc. (NYSE: FIS) was released for Dec, 2023. According to the Information Technology Services Company, earnings per share came in at $0.94, inline with analysts’ expectations of $0.94. This compares to $0.96 EPS in the same period last year. The net profit margin was -54.30% and return on equity was -26.49% for FIS. The company reported revenue of $76.0 million for the quarter, compared to $93.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.28 percent. For the current quarter, analysts expect FIS to generate $2.45B in revenue.
