Fidelity National Information Services, Inc. (NYSE:FIS) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) have received a consensus rating of "Moderate Buy" from the twenty-one analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $91.6316.

Several equities analysts have recently commented on FIS shares. Truist Financial raised their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the company a "hold" rating in a research note on Thursday, July 17th. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 6th. Robert W. Baird lifted their target price on Fidelity National Information Services from $82.00 to $86.00 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. Finally, UBS Group cut their target price on Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th.

Fidelity National Information Services Trading Up 2.0%

FIS stock traded up $1.34 during midday trading on Tuesday, reaching $67.71. The company's stock had a trading volume of 6,465,883 shares, compared to its average volume of 3,675,061. The firm has a market capitalization of $35.37 billion, a price-to-earnings ratio of 376.19 and a beta of 1.05. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services has a 1 year low of $65.82 and a 1 year high of $91.98. The stock has a fifty day simple moving average of $74.74 and a two-hundred day simple moving average of $75.61.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.36 earnings per share. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. On average, equities research analysts predict that Fidelity National Information Services will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.4%. The ex-dividend date is Wednesday, September 10th. Fidelity National Information Services's payout ratio is 888.89%.

Hedge Funds Weigh In On Fidelity National Information Services

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIS. Oppenheimer & Co. Inc. acquired a new stake in Fidelity National Information Services in the first quarter worth about $276,000. Brown Advisory Inc. boosted its holdings in Fidelity National Information Services by 16.7% in the first quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider's stock worth $24,594,000 after acquiring an additional 47,086 shares in the last quarter. Compass Wealth Management LLC boosted its holdings in Fidelity National Information Services by 13.5% in the first quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider's stock worth $5,810,000 after acquiring an additional 9,251 shares in the last quarter. Brighton Jones LLC acquired a new stake in Fidelity National Information Services in the fourth quarter worth about $347,000. Finally, Meritage Portfolio Management boosted its holdings in Fidelity National Information Services by 43.9% in the first quarter. Meritage Portfolio Management now owns 82,571 shares of the information technology services provider's stock worth $6,166,000 after acquiring an additional 25,203 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.