The stock of Fidelity National Information Services, Inc. (FIS) has gone up by 2.18% for the week, with a 1.83% rise in the past month and a 10.51% rise in the past quarter. The volatility ratio for the week is 1.77%, and the volatility levels for the past 30 days are 1.76% for FIS. The simple moving average for the last 20 days is 1.75% for FIS stock, with a simple moving average of 16.06% for the last 200 days.
Is It Worth Investing in Fidelity National Information Services, Inc. (NYSE: FIS) Right Now?
Additionally, the 36-month beta value for FIS is 1.07. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 9 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for FIS is 555.84M and currently, short sellers hold a 2.13% ratio of that float. The average trading volume of FIS on July 31, 2024 was 3.86M shares.
FIS) stock’s latest price update
Fidelity National Information Services, Inc. (NYSE: FIS) has seen a rise in its stock price by 1.35 in relation to its previous close of 75.72. However, the company has experienced a 2.18% gain in its stock price over the last five trading sessions. investorplace.com reported 2024-07-20 that Overvalued stocks typically trade at a price higher than their intrinsic value due to factors like high growth. However, they can be more volatile if their prices are driven by market speculation and investor sentiment rather than fundamentals.
Analysts’ Opinion of FIS
Many brokerage firms have already submitted their reports for FIS stocks, with Morgan Stanley repeating the rating for FIS by listing it as a “Equal-Weight.” The predicted price for FIS in the upcoming period, according to Morgan Stanley is $79 based on the research report published on July 22, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see FIS reach a price target of $72. The rating they have provided for FIS stocks is “Neutral” according to the report published on April 11th, 2024.
Robert W. Baird gave a rating of “Neutral” to FIS, setting the target price at $78 in the report published on March 13th of the current year.
FIS Trading at 1.02% 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 -2.53% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +3.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.06% lower at present.
During the last 5 trading sessions, FIS rose by +2.18%, which changed the moving average for the period of 200-days by +44.47% in comparison to the 20-day moving average, which settled at $75.55. In addition, Fidelity National Information Services, Inc. saw 27.75% 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 719 shares at the price of $76.81 back on Jul 15 ’24. After this action, Goldstein Jeffrey A now owns 9,771 shares of Fidelity National Information Services, Inc., valued at $55,226 using the latest closing price.
Goldstein Jeffrey A, the Director of Fidelity National Information Services, Inc., purchase 775 shares at $72.37 during a trade that took place back on Apr 15 ’24, which means that Goldstein Jeffrey A is holding 9,052 shares at $56,087 based on the most recent closing price.
Stock Fundamentals for FIS
Current profitability levels for the company are sitting at:
- -0.43 for the present operating margin
- 0.39 for the gross margin
The net margin for Fidelity National Information Services, Inc. stands at -0.6. The total capital return value is set at -0.16. Equity return is now at value -27.73, with -12.91 for asset returns.
Based on Fidelity National Information Services, Inc. (FIS), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is -12.3.
Currently, EBITDA for the company is 3.32 billion with net debt to EBITDA at 1.92. When we switch over and look at the enterprise to sales, we see a ratio of 4.52. The receivables turnover for the company is 5.19for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.
Conclusion
In conclusion, Fidelity National Information Services, Inc. (FIS) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
