Fidelity National Information Services, Inc. [FIS] stock prices are up 1.20% to $70.70 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FIS shares have gain 2.61% over the last week, with a monthly amount glided 12.29%, and seem to be holding up well over a long-time horizon.
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On 18, March 2024, FIS Offers Greater Card Fraud Detection through New Artificial Intelligence Collaboration. In a post published today on Yahoo Finance, Key facts.
From an analyst’s perspective:
Fidelity National Information Services, Inc. [NYSE: FIS] stock has seen the most recent analyst activity on March 13, 2024, when Robert W. Baird downgraded its rating to a Neutral and also boosted its price target to $78 from $76. Barclays upgraded its rating to a Overweight and increased its price target to $69 on October 19, 2023. Wolfe Research upgraded its rating to a Outperform but $65 remained the price target by the analyst firm on October 17, 2023. In a note dated October 06, 2023, TD Cowen initiated an Market Perform rating and provided a target price of $56 on this stock.
The stock price of Fidelity National Information Services, Inc. [FIS] has been fluctuating between $46.91 and $70.52 over the past year. Currently, Wall Street analysts expect the stock to reach $109.95 within the next 12 months. Fidelity National Information Services, Inc. [NYSE: FIS] shares were valued at $70.70 at the most recent close of the market. An investor can expect a potential return of 55.52% based on the average FIS price forecast.
Analyzing the FIS fundamentals
The Fidelity National Information Services, Inc. [NYSE:FIS] reported sales of 12.26B for trailing twelve months, representing a drop of -32.42%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.41%, Pretax Profit Margin comes in at -0.48%, and Net Profit Margin reading is -0.54%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.31 and Total Capital is -0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.85 points at the first support level, and at 69.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.32, and for the 2nd resistance point, it is at 71.95.
Fidelity National Information Services, Inc. [FIS] reported earnings per share of $0.94 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.94/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.94 per share as compared to estimates of $1.55 per share, a difference of -$0.61 representing a surprise of -39.40%.
Ratios To Look Out For
It’s worth pointing out that Fidelity National Information Services, Inc. [NYSE:FIS]’s Current Ratio is 0.75. Also, the Quick Ratio is 0.75, while the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 3.33, the price to book ratio is 2.16.
Transactions by insiders
Recent insider trading involved Goldstein Jeffrey A, Director, that happened on Jan 17 ’24 when 899.0 shares were purchased. Director, Alemany Ellen R completed a deal on Jan 17 ’24 to buy 735.0 shares. Meanwhile, Director Goldstein Jeffrey A bought 1045.0 shares on Oct 17 ’23.
