Fidelity National Information Services (NYSE:FIS – Get Free Report) was upgraded by research analysts at UBS Group from a “neutral” rating to a “buy” rating in a report issued on Tuesday, Marketbeat Ratings reports. The firm currently has a $82.00 price objective on the information technology services provider’s stock. UBS Group’s price objective suggests a potential upside of 23.37% from the stock’s previous close.
Other analysts have also recently issued reports about the company. Robert W. Baird boosted their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Truist Financial upped their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Susquehanna lowered their price target on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. Finally, Keefe, Bruyette & Woods lowered their price target on Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating for the company in a research note on Wednesday, August 6th. Thirteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average target price of $91.00.
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Fidelity National Information Services Stock Performance
Shares of NYSE:FIS opened at $66.47 on Tuesday. The stock has a market capitalization of $34.72 billion, a P/E ratio of 369.27 and a beta of 1.05. Fidelity National Information Services has a 1-year low of $63.00 and a 1-year 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 business has a 50-day moving average price of $70.32 and a two-hundred day moving average price of $75.15.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting the consensus estimate of $1.36. The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.36 EPS. 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 analysts predict that Fidelity National Information Services will post 5.74 earnings per share for the current year.
Hedge Funds Weigh In On Fidelity National Information Services
A number of large investors have recently bought and sold shares of FIS. Sierra Ocean LLC boosted its holdings in shares of Fidelity National Information Services by 356.0% in the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 267 shares during the last quarter. YANKCOM Partnership boosted its holdings in shares of Fidelity National Information Services by 118.8% in the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 190 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Fidelity National Information Services by 92.1% in the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 164 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of Fidelity National Information Services by 179.9% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 250 shares during the last quarter. Finally, NewSquare Capital LLC boosted its holdings in shares of Fidelity National Information Services by 115.1% in the 2nd quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 191 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.
About Fidelity National Information Services
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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.
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