Fidelity National Information Services, Inc. (FIS) is expected to grow earnings and revenues in the years ahead

At the time of writing, Fidelity National Information Services, Inc. [FIS] stock is trading at $77.59, up 1.52%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FIS shares have gain 4.34% over the last week, with a monthly amount glided 2.66%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Fidelity National Information Services, Inc. [NYSE: FIS] stock has seen the most recent analyst activity on July 22, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight but kept the price target unchanged to $79 for it. Previously, Exane BNP Paribas downgraded its rating to Neutral on April 11, 2024, and kept the price target unchanged to $72. On March 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $78 on the stock. Barclays upgraded its rating to Overweight for this stock on October 19, 2023, and upped its price target to $69. In a note dated October 17, 2023, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $65.

For the past year, the stock price of Fidelity National Information Services, Inc. fluctuated between $46.91 and $78.73. Currently, Wall Street analysts expect the stock to reach $104.1 within the next 12 months. Fidelity National Information Services, Inc. [NYSE: FIS] shares were valued at $77.59 at the most recent close of the market. An investor can expect a potential return of 34.17% based on the average FIS price forecast.

Analyzing the FIS fundamentals

According to Fidelity National Information Services, Inc. [NYSE:FIS], the company’s sales were 9.96B for trailing twelve months, which represents an -33.56% plunge. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.

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 76.14 points at the first support level, and at 74.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.37, and for the 2nd resistance point, it is at 79.16.

Ratios To Look Out For

It is important to note that Fidelity National Information Services, Inc. [NYSE:FIS] has a current ratio of 1.35. Further, the Quick Ratio stands at 1.35, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 4.25, the price to book ratio is 2.50 and price to earnings (TTM) ratio is 588.25.

Transactions by insiders

Recent insider trading involved Goldstein Jeffrey A, Director, that happened on Jul 15 ’24 when 719.0 shares were purchased. Director, Goldstein Jeffrey A completed a deal on Apr 15 ’24 to buy 775.0 shares. Meanwhile, Director Goldstein Jeffrey A bought 899.0 shares on Jan 17 ’24.

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