Fidelity National Information Services, Inc. (NYSE:FIS) is scheduled to issue its quarterly earnings data before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Fidelity National Information Services has set its FY17 guidance at $4.22-4.32 EPS.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Wednesday, August 2nd. The information technology services provider reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.05. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Fidelity National Information Services had a return on equity of 13.49% and a net margin of 7.08%. The business’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $0.90 EPS. On average, analysts expect Fidelity National Information Services to post $4.29 EPS for the current fiscal year and $4.88 EPS for the next fiscal year.

Shares of Fidelity National Information Services, Inc. (NYSE FIS) opened at 95.28 on Monday. The company has a 50 day moving average price of $93.47 and a 200 day moving average price of $88.07. Fidelity National Information Services, Inc. has a one year low of $73.25 and a one year high of $95.50. The company has a market cap of $31.67 billion, a P/E ratio of 47.76 and a beta of 0.85.

Fidelity National Information Services declared that its Board of Directors has approved a stock repurchase program on Wednesday, August 2nd that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to repurchase up to 13.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

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In related news, Director Frank R. Martire sold 400,000 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $90.34, for a total value of $36,136,000.00. Following the completion of the sale, the director now owns 202,517 shares in the company, valued at approximately $18,295,385.78. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Anthony M. Jabbour sold 100,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $92.36, for a total transaction of $9,236,000.00. Following the completion of the sale, the chief operating officer now owns 282,689 shares of the company’s stock, valued at approximately $26,109,156.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 520,549 shares of company stock valued at $47,224,679. 2.66% of the stock is owned by corporate insiders.

Several research analysts have recently commented on FIS shares. Zacks Investment Research downgraded Fidelity National Information Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. BidaskClub raised Fidelity National Information Services from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th. Robert W. Baird reaffirmed a “buy” rating and set a $102.00 price objective on shares of Fidelity National Information Services in a report on Friday, September 8th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $96.00 price objective on shares of Fidelity National Information Services in a report on Wednesday, July 12th. Finally, Cowen and Company reaffirmed an “outperform” rating and set a $92.00 price objective (up previously from $90.00) on shares of Fidelity National Information Services in a report on Monday, July 10th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $94.67.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

Earnings History for Fidelity National Information Services (NYSE:FIS)

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