Fidelity National Information Services, Inc. (NYSE:FIS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) have received an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $87.9444.

A number of research analysts have recently commented on the stock. KeyCorp reissued a “hold” rating on shares of Fidelity National Information Services in a research report on Wednesday, October 22nd. Truist Financial reduced their target price on shares of Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating on the stock in a research report on Friday, October 24th. Robert W. Baird boosted their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 16th. Jefferies Financial Group cut their price target on shares of Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating on the stock in a report on Tuesday, October 14th. Finally, Susquehanna cut their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, September 12th.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 889 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were purchased at an average cost of $67.66 per share, with a total value of $60,149.74. Following the completion of the acquisition, the director directly owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. The trade was a 7.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Institutional Trading of Fidelity National Information Services

Several institutional investors have recently added to or reduced their stakes in FIS. Cullen Investment Group LTD. increased its stake in Fidelity National Information Services by 10.4% during the second quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider’s stock valued at $4,760,000 after purchasing an additional 5,521 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in Fidelity National Information Services during the first quarter valued at $276,000. Brown Advisory Inc. increased its stake in Fidelity National Information Services by 16.7% during the first quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider’s stock valued at $24,594,000 after purchasing an additional 47,086 shares during the last quarter. Compass Wealth Management LLC increased its stake in Fidelity National Information Services by 13.5% during the first quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider’s stock valued at $5,810,000 after purchasing an additional 9,251 shares during the last quarter. Finally, Brighton Jones LLC bought a new stake in Fidelity National Information Services during the fourth quarter valued at $347,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Trading Down 0.7%

NYSE FIS opened at $66.05 on Wednesday. The company’s fifty day simple moving average is $67.43 and its 200-day simple moving average is $74.45. Fidelity National Information Services has a 52 week low of $63.00 and a 52 week high of $91.98. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The stock has a market cap of $34.51 billion, a P/E ratio of 366.99 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results 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 net margin of 1.09% and a return on equity of 18.73%. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period in the previous year, the company posted $1.36 earnings per share. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. 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. Equities research analysts predict that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.4%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

About Fidelity National Information Services

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.