Monthly Drifts in Fidelity National Information Services, Inc. (FIS) Stock: A Closer Look

A share price of Fidelity National Information Services, Inc. [FIS] is currently trading at $72.30, up 1.70%. 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 3.49% over the last week, with a monthly amount glided 7.38%, 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.

Fidelity National Information Services, Inc. experienced fluctuations in its stock price throughout the past year between $46.91 and $72.36. 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 $72.30 at the most recent close of the market. An investor can expect a potential return of 52.07% based on the average FIS price forecast.

Analyzing the FIS fundamentals

Trailing Twelve Months sales for Fidelity National Information Services, Inc. [NYSE:FIS] were 12.26B which represents -32.42% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.0.

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 71.47 points at the first support level, and at 70.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.73, and for the 2nd resistance point, it is at 73.16.

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

To put it in perspective, the Current Ratio for Fidelity National Information Services, Inc. [NYSE:FIS] 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 3.40, the price to book ratio is 2.21.

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.

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