Is Fidelity National Information Services, Inc. (FIS) Stock a Good Buy for Short-term Investors?

Fidelity National Information Services, Inc. [FIS] stock is trading at $90.66, down -0.32%. 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 3.27% over the last week, with a monthly amount glided 7.85%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Morgan Stanley downgraded its rating to Equal-Weight on July 22, 2024, and kept the price target unchanged to $79. On April 11, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $72 on the stock. Robert W. Baird downgraded its rating to a Neutral and increased its price target to $78 on March 13, 2024. In a note dated October 19, 2023, Barclays upgraded an Overweight rating on this stock and boosted its target price from $62 to $69.

Fidelity National Information Services, Inc. [FIS] stock has fluctuated between $46.91 and $91.14 over the past year. Currently, Wall Street analysts expect the stock to reach $101.36 within the next 12 months. Fidelity National Information Services, Inc. [NYSE: FIS] shares were valued at $90.66 at the most recent close of the market. An investor can expect a potential return of 11.8% based on the average FIS price forecast.

Analyzing the FIS fundamentals

Fidelity National Information Services, Inc. [NYSE:FIS] reported sales of 9.96B for the trailing twelve months, which represents a drop of -33.56%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.

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 90.18 points at the first support level, and at 89.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.10, and for the 2nd resistance point, it is at 91.53.

Ratios To Look Out For

For context, Fidelity National Information Services, Inc.’s Current Ratio is 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 4.97, the price to book ratio is 2.92 and price to earnings (TTM) ratio is 687.34.

Transactions by insiders

Recent insider trading involved Goldstein Jeffrey A, Director, that happened on Oct 15 ’24 when 626.0 shares were purchased. Director, Goldstein Jeffrey A completed a deal on Jul 15 ’24 to buy 719.0 shares. Meanwhile, Director Goldstein Jeffrey A bought 775.0 shares on Apr 15 ’24.

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