In today’s recent session, 3.37 million shares of the Fidelity National Information Services, Inc (NYSE:FIS) have been traded, and its beta is 1.10. Most recently the company’s share price was $68.98, and it changed around -$13.68 or -16.56% from the last close, which brings the market valuation of the company to $37.13B. FIS at last check was trading at a discount to its 52-week high of $91.98, offering almost -33.34% off that amount. The share price’s 52-week low was $60.39, which indicates that the recent value has risen by an impressive 12.45% since then. We note from Fidelity National Information Services, Inc’s average daily trading volume that its 10-day average is 2.26 million shares, with the 3-month average coming to 2.80 million.
Fidelity National Information Services, Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.18. If we narrow it down even further, the data shows that 0 out of 31 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 15 recommended FIS as a Hold, whereas 9 deemed it a Buy, and 1 rated it as Underweight. Fidelity National Information Services, Inc is expected to report earnings per share of 1.28 for the current quarter.
Fidelity National Information Services, Inc (NYSE:FIS) trade information
Instantly FIS has been showing red trend so far today with a performance of -16.56% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 83.97 on recent trading dayincreased the stock’s daily price by 17.85%. The company’s shares are currently down -14.60% year-to-date, but still down -15.40% over the last five days. On the other hand, Fidelity National Information Services, Inc (NYSE:FIS) is -10.57% down in the 30-day period. We can see from the shorts that 12.04 million shares have been sold at a short interest cover period of 4.55 day(s).
The consensus price target as assigned by Wall Street analysts is $97, which translates to bulls needing to increase their stock price by 28.89% from its current value. Analyst projections state that FIS is forecast to be at a low of $86 and a high of $100.
Fidelity National Information Services, Inc (FIS) estimates and forecasts
The year-over-year growth rate is expected to be 4.62%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 2.57B in revenue for the current quarter. 16 analysts expect Fidelity National Information Services, Inc to make 2.6B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.47B and 2.49B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.12%. Forecasts for the next quarter put sales growth at 4.65%.
Fidelity National Information Services, Inc earnings are expected to increase by 9.67% in 2025, but the outlook is positive 10.24% 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 March. The annual dividend yield of the stock is 2.09 percent and its annual dividend per share was 1.44. It is important to note, however, that the 2.09% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.99 per year.
Fidelity National Information Services, Inc (NYSE:FIS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.14% of Fidelity National Information Services, Inc shares, and 97.60% of them are in the hands of institutional investors. The stock currently has a share float of 98.73%. Fidelity National Information Services, Inc stock is held by 1469.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.2095% of the shares, which is about 64.57 million shares worth $4.87 billion.
BLACKROCK INC., with 9.0321% or 52.03 million shares worth $3.92 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 27.73 shares worth $1.9 billion, making up 5.15% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 17.27 shares worth around $1.18 billion, which represents about 3.21% of the total shares outstanding.
