In the last trading session, 4.26 million shares of the Fidelity National Information Services, Inc. (NYSE:FIS) were traded, and its beta was 0.97. Most recently the company’s share price was $71.90, and it changed around $0.6 or 0.84% from the last close, which brings the market valuation of the company to $41.45B. FIS currently trades at a discount to its 52-week high of $74.75, offering almost -3.96% off that amount. The share price’s 52-week low was $46.91, which indicates that the current value has risen by an impressive 34.76% since then. We note from Fidelity National Information Services, Inc.’s average daily trading volume that its 3-month average coming to 4.33 million.
Fidelity National Information Services, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.97. If we narrow it down even further, the data shows that 0 out of 23 analysts rate the stock as a Sell; another 9 rate it as Overweight. Among the rest, 4 recommended FIS as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Fidelity National Information Services, Inc. is expected to report earnings per share of $0.95 for the current quarter.
Fidelity National Information Services, Inc. (NYSE:FIS) trade information
Instantly FIS has showed a green trend with a performance of 0.84% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 19.69% year-to-date, but still up 1.70% over the last five days. On the other hand, Fidelity National Information Services, Inc. (NYSE:FIS) is 1.96% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $110.62, which translates to bulls needing to increase their stock price by 35.0% from its current value. Analyst projections state that FIS is forecast to be at a low of $56 and a high of $165.
Fidelity National Information Services, Inc. (FIS) estimates and forecasts
Fidelity National Information Services, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 42.66 percent over the past six months and at a 38.28% annual growth rate that is well above the industry average of 14.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 31.90% in revenue this quarter, and will report an increase of 51.30% in the next quarter. The year-over-year growth rate is expected to be 5.10%, up from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of $2.45 billion in revenue for the current quarter. 20 analysts expect Fidelity National Information Services, Inc. to make $2.49 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $3.51 billion and $3.75 billion respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -30.30%. Forecasts for the next quarter put sales growth at -33.60%.
Fidelity National Information Services, Inc. earnings are expected to increase by 39.97% in 2024, but the outlook is negative -0.60% per year for the next five years.
FIS Dividends
Fidelity National Information Services, Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.67 percent and its annual dividend per share was 1.92. It is important to note, however, that the 2.67% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
