Fidelity National Information Services Inc. [NYSE: FIS] price surged by 2.33 percent to reach at $3.46. The company report on May 6, 2021 that FIS Reports First Quarter 2021 Results.
Strong results and exceptional new sales performance across all operating segments drive increased outlook for full-year 2021.
Increased revenue synergy targets as ramping volumes, cross-selling execution and continued geographic expansion accelerated first quarter synergy achievement.
A sum of 4422630 shares traded at recent session while its average daily volume was at 3.36M shares. Fidelity National Information Services Inc. shares reached a high of $153.13 and dropped to a low of $146.29 until finishing in the latest session at $151.80.
The one-year FIS stock forecast points to a potential upside of 6.54. The average equity rating for FIS stock is currently 1.90, trading closer to a bullish pattern in the stock market.
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 $162.42 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.
Rosenblatt have made an estimate for Fidelity National Information Services Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 03, 2021. While these analysts kept the previous recommendation, Bernstein raised their target price to Mkt Perform. The new note on the price target was released on January 27, 2021, representing the official price target for Fidelity National Information Services Inc. stock. Previously, the target price had yet another raise to $175, while Jefferies analysts kept a Buy rating on FIS stock.
The Average True Range (ATR) for Fidelity National Information Services Inc. is set at 2.83, with the Price to Sales ratio for FIS stock in the period of the last 12 months amounting to 7.66. The Price to Book ratio for the last quarter was 1.92, with the Price to Cash per share for the same quarter was set at 8.23. Price to Free Cash Flow for FIS in the course of the last twelve months was 29.04 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 -2.50. With this latest performance, FIS shares gained by 3.35% in over the last four-week period, additionally plugging by 18.14% over the last 6 months – not to mention a rise of 15.08% 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 54.82, with the RSI for the last a single of trading hit 52.14, and the three-weeks RSI is set at 56.26 for Fidelity National Information Services Inc. [FIS]. The present Moving Average for the last 50 days of trading for this stock 146.64, while it was recorded at 151.08 for the last single week of trading, and 142.76 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 +12.32 and a Gross Margin at +33.49. Fidelity National Information Services Inc.’s Net Margin is presently recorded at +1.26.
Return on Total Capital for FIS is now 2.20, given the latest momentum, and Return on Invested Capital for the company is 0.24. Return on Equity for this stock inclined to 0.32, with Return on Assets sitting at 0.19. 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 41.83. Additionally, FIS Total Debt to Total Capital is recorded at 29.49, with Total Debt to Total Assets ending up at 24.59. Long-Term Debt to Equity for the company is recorded at 33.27, with the Long-Term Debt to Total Capital now at 23.46.
Reflecting on the efficiency of the workforce at the company, Fidelity National Information Services Inc. [FIS] managed to generate an average of $2,548 per employee. Receivables Turnover for the company is 2.86 with a Total Asset Turnover recorded at a value of 0.15.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 1.28/share EPS, while the average EPS was predicted by analysts to be reported at 1.28/share. 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 13.97%.
Fidelity National Information Services Inc. [FIS] Insider Position Details
There are presently around $83,392 million, or 92.40% of FIS stock, in the hands of institutional investors. The top three institutional holders of FIS stocks are: VANGUARD GROUP INC with ownership of 48,952,977, which is approximately -1.11% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 43,071,431 shares of the stock with an approximate value of $6.39 billion in FIS stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $4.68 billion in FIS stock with ownership of nearly -18.941% of the company’s market capitalization.
Positions in Fidelity National Information Services Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 600 institutional holders increased their position in Fidelity National Information Services Inc. [NYSE:FIS] by around 42,082,307 shares. Additionally, 485 investors decreased positions by around 47,302,348 shares, while 162 investors held positions by with 472,786,217 shares. The mentioned changes placed institutional holdings at 562,170,872 shares, according to the latest SEC report filing. FIS stock had 143 new institutional investments in for a total of 6,712,940 shares, while 103 institutional investors sold positions of 6,005,969 shares during the same period.