Fidelity National Information Services Inc. Hits New 52-Week High at $53.74 (FIS)
Shares of Fidelity National Information Services (NYSE:FIS) hit a new 52-week high during mid-day trading on Friday, StockRatingsNetwork.com reports. The stock traded as high as $53.74 and last traded at $53.71, with a volume of 3,216,699 shares trading hands. The stock had previously closed at $52.48.
FIS has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of Fidelity National Information Services from $50.00 to $57.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Barclays raised their price target on shares of Fidelity National Information Services from $52.00 to $65.00 in a research note to investors on Wednesday, January 8th. They now have an “overweight” rating on the stock. Finally, analysts at Janney Montgomery Scott upgraded shares of Fidelity National Information Services to a “buy” rating in a research note to investors on Friday, January 3rd. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $48.54.
Fidelity National Information Services has a 1-year low of $35.21 and a 1-year high of $53.74. The stock’s 50-day moving average is $52.3 and its 200-day moving average is $48.55. The company has a market cap of $15.637 billion and a price-to-earnings ratio of 27.72.
Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.02. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services will post $3.10 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of 0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.22.
Fidelity National Information Services, Inc (NYSE:FIS) is a global provider of banking and payments technologies.
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