Fidelity National Information Services, Inc. (NYSE:FIS) shares traded 1.60% higher at $73.46 on Wall Street last session.
FIS stock price is now 12.38% away from the 50-day moving average and 25.42% away from the 200-day moving average. The market capitalization of the company currently stands at $42.35B.
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 $0.61 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 $2.6 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 $72.36. 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 $65.61 and a two-hundred day moving average price translates $58.66 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.
Fidelity National Information Services, Inc.(FIS) Company Profile
Fidelity National Information Services, Inc. engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. It also offers trading and asset, lending, leveraged and syndicated loan markets, and treasury and risk solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.
