Fidelity National Information Services, Inc. [FIS] Revenue clocked in at $9.96 billion, up 43.02% YTD: What’s Next?

Fidelity National Information Services, Inc. [NYSE: FIS] traded at a high on Tuesday, posting a 1.91 gain after which it closed the day’ session at $85.91.

The results of the trading session contributed to over 3770140 shares changing hands. Over the past one week, the price volatility of Fidelity National Information Services, Inc. stands at 1.29% while the volatility over the past one month is 1.53%.

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The market cap for FIS stock reached $46.87 billion, with 583.00 million shares outstanding and 545.07 million shares in the current float. Compared to the average trading volume of 2.80M shares, FIS reached a trading volume of 3770140 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $85.70 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 2.03. 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.

Oppenheimer have made an estimate for Fidelity National Information Services, Inc. shares, keeping their opinion on the stock as Perform, with their previous recommendation back on October 01, 2024. The new note on the price target was released on July 22, 2024, representing the official price target for Fidelity National Information Services, Inc. stock. Previously, the target price had yet another raise to $72, while Exane BNP Paribas analysts kept a Neutral rating on FIS stock. On March 13, 2024, analysts increased their price target for FIS shares from 76 to 78.

The Average True Range (ATR) for Fidelity National Information Services, Inc. is set at 1.30, with the Price to Sales ratio for FIS stock in the period of the last 12 months amounting to 4.71. The Price to Book ratio for the last quarter was 2.77, with the Price to Cash per share for the same quarter was set at 3.91. Price to Free Cash Flow for FIS in the course of the last twelve months was 11.80 with Quick ratio for the last quarter at 1.35.

How has FIS stock performed recently?

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 2.68. With this latest performance, FIS shares gained by 4.27% in over the last four-week period, additionally plugging by 16.30% over the last 6 months – not to mention a rise of 60.76% 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 67.81, with the RSI for the last a single of trading hit 71.34, and the three-weeks RSI is set at 65.70 for Fidelity National Information Services, Inc. [FIS]. The present Moving Average for the last 50 days of trading for this stock 81.01, while it was recorded at 84.40 for the last single week of trading, and 72.78 for the last 200 days.

Fidelity National Information Services, Inc. [FIS]: Deeper insight into the fundamentals

Fidelity National Information Services, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.35 and a Current Ratio set at 1.35.

Earnings analysis for Fidelity National Information Services, Inc. [FIS]

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 11.37%.

Insider trade positions for Fidelity National Information Services, Inc. [FIS]

There are presently around $97.96%, or 98.06%% of FIS stock, in the hands of institutional investors. The top three institutional holders of FIS stocks are: VANGUARD GROUP INC with ownership of 64.57 million shares, which is approximately 11.2095%. BLACKROCK INC., holding 52.03 million shares of the stock with an approximate value of $$3.92 billion in FIS stocks shares; and BLACKROCK INC., currently with $$3.12 billion in FIS stock with ownership which is approximately 7.1936%.