Fidelity National Information Services, Inc. (NYSE:FIS) Receives Consensus Recommendation of “Hold” from Analysts

Fidelity National Information Services, Inc. (NYSE:FISGet Free Report) has been assigned an average rating of “Hold” from the twenty-four research firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $59.9565.

FIS has been the topic of a number of recent analyst reports. The Goldman Sachs Group decreased their target price on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Truist Financial reduced their price objective on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a research report on Thursday, May 28th. Stephens dropped their price objective on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Cantor Fitzgerald cut their target price on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday.

Get Our Latest Analysis on Fidelity National Information Services

Hedge Funds Weigh In On Fidelity National Information Services

A number of large investors have recently made changes to their positions in FIS. Dodge & Cox boosted its stake in Fidelity National Information Services by 13.9% in the 4th quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock valued at $3,264,070,000 after purchasing an additional 6,008,090 shares during the period. Capital Research Global Investors increased its position in Fidelity National Information Services by 0.6% during the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Fidelity National Information Services by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after buying an additional 514,490 shares in the last quarter. Invesco Ltd. boosted its position in shares of Fidelity National Information Services by 5.6% in the third quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock valued at $561,500,000 after acquiring an additional 448,712 shares during the period. Finally, Norges Bank bought a new stake in shares of Fidelity National Information Services in the fourth quarter valued at about $495,956,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

NYSE:FIS traded up $0.38 during mid-day trading on Monday, hitting $41.99. The stock had a trading volume of 4,502,890 shares, compared to its average volume of 5,609,069. Fidelity National Information Services has a twelve month low of $37.42 and a twelve month high of $82.62. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market cap of $21.70 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 0.41 and a beta of 0.80. The company’s 50 day simple moving average is $41.43 and its 200 day simple moving average is $49.25.

Fidelity National Information Services (NYSE:FISGet Free Report) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the business earned $1.21 earnings per share. The business’s revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, equities research analysts forecast that Fidelity National Information Services will post 6.28 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 11th. Fidelity National Information Services’s payout ratio is currently 34.11%.

Fidelity National Information Services Company Profile

(Get Free Report)

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.

Featured Articles

Analyst Recommendations for Fidelity National Information Services (NYSE:FIS)

Receive News & Ratings for Fidelity National Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Services and related companies with MarketBeat.com's FREE daily email newsletter.