Fidelity National Information Services Inc. [NYSE: FIS] stock went on a downward path that fall over -0.50% on Monday, amounting to a one-week price decrease of less than -11.08%. The company report on October 29, 2020 that FIS Reports Third Quarter 2020 Results.
Increased revenue 13% on a reported basis and 1% on an organic basis to $3,197 million.
Achieved annual run-rate revenue synergies of approximately $150 million and annual run-rate expense synergies exceeding $700 million.
Over the last 12 months, FIS stock dropped by -7.59%. The one-year Fidelity National Information Services Inc. stock forecast points to a potential upside of 24.74. The average equity rating for FIS stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $77.08 billion, with 620.00 million shares outstanding and 614.72 million shares in the current float. Compared to the average trading volume of 3.21M shares, FIS stock reached a trading volume of 4400087 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fidelity National Information Services Inc. [FIS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FIS shares is $164.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FIS stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for Fidelity National Information Services Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 22, 2020. While these analysts kept the previous recommendation, Compass Point raised their target price to Neutral. The new note on the price target was released on September 17, 2020, representing the official price target for Fidelity National Information Services Inc. stock. Previously, the target price had yet another raise to $165, while Mizuho analysts kept a Buy rating on FIS stock.
The Average True Range (ATR) for Fidelity National Information Services Inc. is set at 4.24, with the Price to Sales ratio for FIS stock in the period of the last 12 months amounting to 6.13. The Price to Book ratio for the last quarter was 1.57, with the Price to Cash per share for the same quarter was set at 7.50. Price to Free Cash Flow for FIS in the course of the last twelve months was 29.91 with Quick ratio for the last quarter at 0.80.
FIS Stock Performance Analysis:
Fidelity National Information Services Inc. [FIS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.08. With this latest performance, FIS shares dropped by -14.59% in over the last four-week period, additionally sinking by -6.05% over the last 6 months – not to mention a drop of -7.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FIS stock in for the last two-week period is set at 21.17, with the RSI for the last a single of trading hit 15.69, and the three-weeks RSI is set at 27.65 for Fidelity National Information Services Inc. [FIS]. The present Moving Average for the last 50 days of trading for this stock 144.58, while it was recorded at 128.79 for the last single week of trading, and 138.35 for the last 200 days.
Insight into Fidelity National Information Services Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Fidelity National Information Services Inc. [FIS] shares currently have an operating margin of +17.03 and a Gross Margin at +36.03. Fidelity National Information Services Inc.’s Net Margin is presently recorded at +2.88.
Return on Total Capital for FIS is now 3.94, given the latest momentum, and Return on Invested Capital for the company is 0.69. Return on Equity for this stock inclined to 1.00, with Return on Assets sitting at 0.55. When it comes to the capital structure of this company, Fidelity National Information Services Inc. [FIS] has a Total Debt to Total Equity ratio set at 42.04. Additionally, FIS Total Debt to Total Capital is recorded at 29.60, with Total Debt to Total Assets ending up at 24.80. Long-Term Debt to Equity for the company is recorded at 35.79, with the Long-Term Debt to Total Capital now at 25.20.
Reflecting on the efficiency of the workforce at the company, Fidelity National Information Services Inc. [FIS] managed to generate an average of $5,418 per employee. Receivables Turnover for the company is 3.23 with a Total Asset Turnover recorded at a value of 0.19.Fidelity National Information Services Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.
FIS Stock EPS
With the latest financial reports released by the company, Fidelity National Information Services Inc. posted 1.57/share EPS, while the average EPS was predicted by analysts to be reported at 1.53/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FIS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fidelity National Information Services Inc. go to 12.25%.
Fidelity National Information Services Inc. [FIS] Insider Position Details
There are presently around $69,755 million, or 93.40% of FIS stock, in the hands of institutional investors. The top three institutional holders of FIS stocks are: VANGUARD GROUP INC with ownership of 50,020,585, which is approximately 0.017% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 42,611,292 shares of the stock with an approximate value of $5.31 billion in FIS stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $5.14 billion in FIS stock with ownership of nearly 2.329% of the company’s market capitalization.
Positions in Fidelity National Information Services Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 558 institutional holders increased their position in Fidelity National Information Services Inc. [NYSE:FIS] by around 39,095,621 shares. Additionally, 500 investors decreased positions by around 43,477,514 shares, while 163 investors held positions by with 477,304,331 shares. The mentioned changes placed institutional holdings at 559,877,466 shares, according to the latest SEC report filing. FIS stock had 123 new institutional investments in for a total of 2,826,922 shares, while 93 institutional investors sold positions of 5,853,789 shares during the same period.