The stock of Fidelity National Information Services, Inc. (FIS) has gone down by -4.29% for the week, with a 2.29% rise in the past month and a 15.60% rise in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are 1.89% for FIS. The simple moving average for the last 20 days is -1.84% for FIS stock, with a simple moving average of 18.25% for the last 200 days.
Is It Worth Investing in Fidelity National Information Services, Inc. (NYSE: FIS) Right Now?
The stock has a 36-month beta value of 0.98. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 9 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for FIS is 574.84M, and at present, short sellers hold a 2.56% of that float. On April 17, 2024, the average trading volume of FIS was 4.46M shares.
FIS) stock’s latest price update
Fidelity National Information Services, Inc. (NYSE: FIS) has seen a decline in its stock price by -0.03 in relation to its previous close of 70.72. However, the company has experienced a -4.29% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-15 that An advanced digital solutions portfolio, strong wage gains and pursuit of the M&A strategy may drive the Financial Transaction Services space. Stocks like V, MA, FI, FIS and GPN are poised to benefit from the favorable industry trends.
Analysts’ Opinion of FIS
Many brokerage firms have already submitted their reports for FIS stocks, with Exane BNP Paribas repeating the rating for FIS by listing it as a “Neutral.” The predicted price for FIS in the upcoming period, according to Exane BNP Paribas is $72 based on the research report published on April 11, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see FIS reach a price target of $78, previously predicting the price at $76. The rating they have provided for FIS stocks is “Neutral” according to the report published on March 13th, 2024.
Goldman gave a rating of “Buy” to FIS, setting the target price at $84 in the report published on February 29th of the current year.
FIS Trading at 3.60% from the 50-Day Moving Average
After a stumble in the market that brought FIS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.42% of loss for the given period.
Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +2.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.50% upper at present.
During the last 5 trading sessions, FIS fell by -4.29%, which changed the moving average for the period of 200-days by +33.60% in comparison to the 20-day moving average, which settled at $72.09. In addition, Fidelity National Information Services, Inc. saw 17.70% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FIS starting from Goldstein Jeffrey A, who purchase 899 shares at the price of $60.32 back on Jan 17 ’24. After this action, Goldstein Jeffrey A now owns 8,277 shares of Fidelity National Information Services, Inc., valued at $54,228 using the latest closing price.
Alemany Ellen R, the Director of Fidelity National Information Services, Inc., purchase 735 shares at $60.32 during a trade that took place back on Jan 17 ’24, which means that Alemany Ellen R is holding 35,333 shares at $44,335 based on the most recent closing price.
Stock Fundamentals for FIS
Current profitability levels for the company are sitting at:
- -0.41 for the present operating margin
- 0.39 for the gross margin
The net margin for Fidelity National Information Services, Inc. stands at -0.54. The total capital return value is set at -0.14. Equity return is now at value -26.49, with -10.36 for asset returns.
Based on Fidelity National Information Services, Inc. (FIS), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.0. The interest coverage ratio of the stock is -8.31.
Currently, EBITDA for the company is 3.32 billion with net debt to EBITDA at 4.29. When we switch over and look at the enterprise to sales, we see a ratio of 4.87. The receivables turnover for the company is 6.08for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
To sum up, Fidelity National Information Services, Inc. (FIS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
