Fidelity National Information Services, Inc (NYSE: FIS) has experienced a rise in its stock price by 2.33 compared to its previous closing price of 89.10. However, the company has seen a gain of 0.34% in its stock price over the last five trading days. zacks.com reported 2024-11-04 that Fidelity National Information Services (FIS) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $0.94 per share a year ago.
Is It Worth Investing in Fidelity National Information Services, Inc (NYSE: FIS) Right Now?
The price-to-earnings ratio for Fidelity National Information Services, Inc (NYSE: FIS) is above average at 691.26x. The 36-month beta value for FIS is also noteworthy at 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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FIS is 545.08M, and at present, short sellers hold a 2.09% of that float. The average trading volume of FIS on November 04, 2024 was 2.84M shares.
FIS’s Market Performance
The stock of Fidelity National Information Services, Inc (FIS) has seen a 0.34% increase in the past week, with a 7.74% rise in the past month, and a 19.12% gain in the past quarter. The volatility ratio for the week is 1.83%, and the volatility levels for the past 30 days are at 1.46% for FIS. The simple moving average for the past 20 days is 2.17% for FIS’s stock, with a 20.78% simple moving average for the past 200 days.
Analysts’ Opinion of FIS
Morgan Stanley, on the other hand, stated in their research note that they expect to see FIS reach a price target of $79. The rating they have provided for FIS stocks is “Equal-Weight” according to the report published on July 22nd, 2024.
Exane BNP Paribas gave a rating of “Neutral” to FIS, setting the target price at $72 in the report published on April 11th of the current year.
FIS Trading at 6.48% 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 -0.40% of loss for the given period.
Volatility was left at 1.46%, however, over the last 30 days, the volatility rate increased by 1.83%, as shares surge +7.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.79% upper at present.
During the last 5 trading sessions, FIS rose by +0.14%, which changed the moving average for the period of 200-days by +52.01% in comparison to the 20-day moving average, which settled at $89.23. In addition, Fidelity National Information Services, Inc saw 51.79% 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 626 shares at the price of $88.25 back on Oct 15 ’24. After this action, Goldstein Jeffrey A now owns 10,397 shares of Fidelity National Information Services, Inc, valued at $55,244 using the latest closing price.
Goldstein Jeffrey A, the Director of Fidelity National Information Services, Inc, purchase 719 shares at $76.81 during a trade that took place back on Jul 15 ’24, which means that Goldstein Jeffrey A is holding 9,771 shares at $55,226 based on the most recent closing price.
Stock Fundamentals for FIS
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.38 for the gross margin
The net margin for Fidelity National Information Services, Inc stands at 0.01. The total capital return value is set at 0.07. Equity return is now at value 3.12, with 1.32 for asset returns.
Based on Fidelity National Information Services, Inc (FIS), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.66. The interest coverage ratio of the stock is 7.03.
Currently, EBITDA for the company is 3.32 billion with net debt to EBITDA at 2.41. When we switch over and look at the enterprise to sales, we see a ratio of 5.88. The receivables turnover for the company is 4.56for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
In summary, Fidelity National Information Services, Inc (FIS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
