Fidelity National Information Services (NYSE:FIS) Reaches New 1-Year Low - Time to Sell?

Key Points

• FIS shares fell to a new 52-week low of $37.37, below their prior close of $38.18, and remain under both their 50-day and 200-day moving averages.
• Analyst sentiment is mixed but leans toward caution: the consensus rating is “Hold”, with 10 Buys, 12 Holds and 2 Sells, and an average price target of $53.46.
• The company reported quarterly earnings slightly above expectations, with $1.48 in adjusted EPS and $3.38 billion in revenue, while maintaining a $0.44 quarterly dividend—a 4.7% annualized yield.

Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $37.37 and last traded at $37.3370, with a volume of 3918293 shares traded. The stock had previously closed at $38.18.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. National Bank Financial set a $50.00 target price on Fidelity National Information Services in a research report on Monday, August 10th. Citigroup decreased their price target on Fidelity National Information Services from $48.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, August 5th. Truist Financial lowered their price target on Fidelity National Information Services from $45.00 to $43.00 and set a "hold" rating for the company in a research report on Friday, July 24th. Royal Bank Of Canada reduced their target price on shares of Fidelity National Information Services from $57.00 to $53.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company restated an "equal weight" rating and issued a $46.00 target price (down from $58.00) on shares of Fidelity National Information Services in a report on Tuesday, August 25th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $53.46.

Fidelity National Information Services Stock Down 2.2%

The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The business's 50-day simple moving average is $41.80 and its 200-day simple moving average is $43.74. The company has a market capitalization of $19.30 billion, a PE ratio of 5.74, a price-to-earnings-growth ratio of 0.40 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business's quarterly revenue was up 29.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.7%. Fidelity National Information Services's dividend payout ratio is currently 27.04%.

Hedge Funds Weigh In On Fidelity National Information Services

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Reflection Asset Management purchased a new position in Fidelity National Information Services in the 4th quarter worth approximately $34,000. MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services during the 1st quarter valued at approximately $33,000. Hantz Financial Services Inc. lifted its holdings in shares of Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock worth $55,000 after buying an additional 598 shares in the last quarter. Rothschild Investment LLC boosted its position in shares of Fidelity National Information Services by 191.9% during the fourth quarter. Rothschild Investment LLC now owns 899 shares of the information technology services provider's stock worth $60,000 after acquiring an additional 591 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Fidelity National Information Services by 208.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,121 shares of the information technology services provider's stock worth $75,000 after acquiring an additional 758 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc NYSE: FIS is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.

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