Fidelity National Information Services, Inc. (NYSE:FIS) Investors To Reap Big Returns Again

Fidelity National Information Services, Inc. (NYSE:FIS) has a beta value of 0.98 and has seen 4.54 million shares traded in the last trading session. The company, currently valued at $39.15B, closed the last trade at $67.92 per share which meant it lost -$1.52 on the day or -2.19% during that session. The FIS stock price is -10.06% off its 52-week high price of $74.75 and 30.93% above the 52-week low of $46.91. The 3-month trading volume is 4.01 million shares.

Fidelity National Information Services, Inc. (NYSE:FIS) trade information

Sporting -2.19% in the red in last session, the stock has traded in the red over the last five days, when the FIS stock price touched $67.92 or saw a rise of 5.39%. Year-to-date, Fidelity National Information Services, Inc. shares have moved 13.07%, while the 5-day performance has seen it change -5.54%. Over the past 30 days, the shares of Fidelity National Information Services, Inc. (NYSE:FIS) have changed -6.64%.

Fidelity National Information Services, Inc. (FIS) estimates and forecasts

Figures show that Fidelity National Information Services, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 44.02% over the past 6 months, with this year growth rate of 38.28%, compared to 14.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 31.90% and 51.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 3.10%.

20 analysts offering their estimates for the company have set an average revenue estimate of $2.45 billion for the current quarter. 20 have an estimated revenue figure of $2.49 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $3.51 billion and $3.75 billion respectively for this quarter and the next, and analysts expect sales will shrink by -30.30% for the current quarter and -33.60% for the next.

Earnings growth for 2024 is a modest 39.97% while over the next 5 years, the company’s earnings are expected to decrease by -0.60%.

FIS Dividends

Fidelity National Information Services, Inc. is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.92 at a share yield of 2.83%. The company’s dividend yield has gone up over the past 12 months.