Fidelity National Information Services, Inc. (NYSE:FIS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Fidelity National Information Services, Inc. (NYSE:FISGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the twenty-three research firms that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $69.8571.

Several analysts recently weighed in on FIS shares. Argus lowered their price objective on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Cantor Fitzgerald began coverage on Fidelity National Information Services in a research report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 target price for the company. Citigroup lowered their price target on Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. BNP Paribas Exane dropped their price target on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 20th. Finally, Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th.

Read Our Latest Report on FIS

Insider Activity

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeffrey A. Goldstein acquired 941 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were acquired at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC boosted its position in Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 194 shares during the period. Root Financial Partners LLC acquired a new stake in Fidelity National Information Services in the third quarter worth $29,000. LRI Investments LLC lifted its stake in Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 374 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in Fidelity National Information Services in the third quarter valued at $29,000. Finally, GoalVest Advisory LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at $33,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 1.1%

NYSE FIS opened at $46.90 on Friday. The company has a market capitalization of $24.12 billion, a price-to-earnings ratio of 64.24, a price-to-earnings-growth ratio of 0.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services has a 12 month low of $46.13 and a 12 month high of $82.74. The company’s fifty day moving average price is $51.49 and its two-hundred day moving average price is $60.88.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the firm posted $1.40 EPS. Fidelity National Information Services’s revenue for the quarter was up 8.2% on a year-over-year basis. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. As a group, research analysts predict that Fidelity National Information Services will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, March 10th. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s payout ratio is 241.10%.

About Fidelity National Information Services

(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.

Further Reading

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

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