In recent trading session, Fidelity National Information Services, Inc. (NYSE:FIS) saw 4,915,339 shares changing hands at last check today with its beta currently measuring 0.82. Company’s recent per share price level of $130.91 trading at -$0.03 or -0.02% at last check today assigns it a market valuation of $81.13 Billion. That most recent trading price of FIS’s stock is at a discount of -20.85% from its 52-week high price of $158.21 and is indicating a premium of 29.97% from its 52-week low price of $91.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.82 Million shares which gives us an average trading volume of 3.53 Million if we extend that period to 3-months.
For Fidelity National Information Services, Inc. (FIS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.8. Splitting up the data highlights that, out of 37 analysts covering the stock, none rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 27 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.62 in the current quarter.
Fidelity National Information Services, Inc. (NYSE:FIS) trade information
In the face of being in the red today for losing -0.02%, in the last five days FIS remained trading in the green while hitting it’s week-highest on Monday, Jan 11 when the stock touched $139.68 price level, adding 6.27% to its value on the day. Fidelity National Information Services, Inc.’s shares saw a change of -7.45% in year-to-date performance and have moved -3.57% in past 5-day. Fidelity National Information Services, Inc. (NYSE:FIS) showed a performance of -9.22% in past 30-days. Number of shares sold short was 5.92 Million shares which calculate 1.68 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $164.79 to the stock, which implies a rise of 25.88% to its recent value today. Analysts have been projecting $136 as a low price target for the stock while placing it at a high target of $185. It follows that stock’s price at last check today has to jump +41.32% in reaching the projected high whereas dropping to the targeted low would mean a loss of 3.89% for stock’s latest value.
Fidelity National Information Services, Inc. (FIS) estimates and forecasts
Statistics highlight that Fidelity National Information Services, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lessened -6.76% of value to its shares in past 6 months, showing an annual growth rate of -2.32% while that of industry is -6.2. Apart from that, the company came raising its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to increase by 3.2% in the current quarter and calculating 17.2% increase in the next quarter. This year revenue growth is estimated to rise 22.3% from the last financial year’s standing.
27 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3.4 Billion for the same. And 22 analysts are in estimates of company making revenue of $3.25 Billion in the next quarter that will end on March 01, 2021. Company posted $3.34 Billion and $3.08 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 1.9% while estimating it to be 5.7% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -22.7% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -74.1% while estimates for its earnings growth in next 5 years are of 11.88%
Fidelity National Information Services, Inc. is more likely to be releasing its next quarterly report between February 11 and February 15, 2021, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.05%, the share has a forward dividend of 1.4 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.2%.
Fidelity National Information Services, Inc. (NYSE:FIS)’s Major holders
Insiders are in possession of 0.36% of company’s total shares while institution are holding 93.83% percent of that, with stock having share float percentage of 94.18%. Investors also watch the number of corporate investors in a company very closely, which is 1536 institutions for Fidelity National Information Services, Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at FIS for having 49.5 Million shares of worth $7.29 Billion. And as of September 29, 2020, it was holding 7.98% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 42.33 Million shares on September 29, 2020. The number of shares represents firm’s hold over 6.82% of outstanding shares, having a total worth of $6.23 Billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of September 29, 2020, the former fund manager was holding 17373460 shares of worth $2.56 Billion or 2.8% of the total outstanding shares. The later fund manager was in possession of 12.71 Million shares on September 29, 2020, making its stake of worth around $1.87 Billion in the company or a holder of 2.05% of company’s stock.
Even if you’re not actively in crypto, you deserve to know what’s actually going on…
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.