Fidelity National Information Services Inc. [FIS] is 1.69% higher this YTD. Is it still time to buy?

Fidelity National Information Services Inc. [NYSE: FIS] loss -1.43% on the last trading session, reaching $69.00 price per share at the time. The company report on December 19, 2022 that AvidXchange Announces Board Changes.


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–Board additions to broaden perspectives around product, platform and automation.

Fidelity National Information Services Inc. represents 605.00 million in outstanding shares, while the company has a total market value of $40.29 billion with the latest information. FIS stock price has been found in the range of $68.34 to $70.04.

If compared to the average trading volume of 7.04M shares, FIS reached a trading volume of 4013106 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $88.23 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 2.20. 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.

KeyBanc Capital Markets have made an estimate for Fidelity National Information Services Inc. shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on January 09, 2023. While these analysts kept the previous recommendation, Jefferies dropped their target price from $95 to $75. The new note on the price target was released on December 09, 2022, representing the official price target for Fidelity National Information Services Inc. stock.

The Average True Range (ATR) for Fidelity National Information Services Inc. is set at 2.02, with the Price to Sales ratio for FIS stock in the period of the last 12 months amounting to 2.78. The Price to Book ratio for the last quarter was 0.92. Price to Free Cash Flow for FIS in the course of the last twelve months was 16.29 with Quick ratio for the last quarter at 0.80.

Trading performance analysis for FIS stock

Fidelity National Information Services Inc. [FIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.67. With this latest performance, FIS shares dropped by -1.13% in over the last four-week period, additionally sinking by -26.59% over the last 6 months – not to mention a drop of -41.35% 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 50.69, with the RSI for the last a single of trading hit 52.41, and the three-weeks RSI is set at 48.89 for Fidelity National Information Services Inc. [FIS]. The present Moving Average for the last 50 days of trading for this stock 68.29, while it was recorded at 69.15 for the last single week of trading, and 87.53 for the last 200 days.

Fidelity National Information Services Inc. [FIS]: A deeper dive into fundamental analysis

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 +15.15 and a Gross Margin at +37.44. Fidelity National Information Services Inc.’s Net Margin is presently recorded at +3.00.

Return on Equity for this stock inclined to 0.86, with Return on Assets sitting at 0.50.

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.

Fidelity National Information Services Inc. [FIS]: An earnings per share (EPS) analysis

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 3.70%.

An analysis of insider ownership at Fidelity National Information Services Inc. [FIS]

There are presently around $37,152 million, or 93.50% of FIS stock, in the hands of institutional investors. The top three institutional holders of FIS stocks are: BLACKROCK INC. with ownership of 54,256,060, which is approximately -0.829% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 50,616,061 shares of the stock with an approximate value of $3.49 billion in FIS stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $1.92 billion in FIS stock with ownership of nearly 11.379% of the company’s market capitalization.

Positions in Fidelity National Information Services Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 457 institutional holders increased their position in Fidelity National Information Services Inc. [NYSE:FIS] by around 41,728,546 shares. Additionally, 540 investors decreased positions by around 51,720,355 shares, while 153 investors held positions by with 444,981,577 shares. The mentioned changes placed institutional holdings at 538,430,478 shares, according to the latest SEC report filing. FIS stock had 86 new institutional investments in for a total of 5,460,999 shares, while 131 institutional investors sold positions of 4,765,435 shares during the same period.

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