Fidelity National Information Services, Inc. (NYSE:FIS) Given Average Rating of “Moderate Buy” by Brokerages

Fidelity National Information Services, Inc. (NYSE:FIS) has been given an average recommendation of “Moderate Buy” by the twenty-one research firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $91.6316.

Several equities analysts have issued reports on FIS shares. Truist Financial boosted their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Robert W. Baird boosted their price target on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research note on Wednesday, July 16th. Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating on the stock in a report on Wednesday, August 6th. Finally, UBS Group dropped their price objective on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th.

Hedge Funds Weigh In On Fidelity National Information Services

Institutional investors have recently modified their holdings of the company. Sierra Ocean LLC raised its position in shares of Fidelity National Information Services by 356.0% during the first quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 267 shares during the period. Meeder Asset Management Inc. raised its position in shares of Fidelity National Information Services by 92.1% during the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 164 shares during the period. YANKCOM Partnership raised its position in shares of Fidelity National Information Services by 118.8% during the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 190 shares during the period. NewSquare Capital LLC raised its position in shares of Fidelity National Information Services by 115.1% during the second quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 191 shares during the period. Finally, Hazlett Burt & Watson Inc. raised its position in shares of Fidelity National Information Services by 179.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 250 shares during the period. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $68.90 on Tuesday. The stock’s 50 day moving average is $75.31 and its 200 day moving average is $75.72. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market cap of $35.99 billion, a P/E ratio of 382.80 and a beta of 1.05. Fidelity National Information Services has a one year low of $66.51 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the firm earned $1.36 earnings per share. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, research analysts expect that Fidelity National Information Services will post 5.74 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.40 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.3%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Fidelity National Information Services 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.