Fidelity National Information Services, Inc (NYSE: FIS) is -2.30% lower on its value in year-to-date trading and has touched a low of $58.24 and a high of $91.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FIS stock was last observed hovering at around $78.78 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $78.91, the stock is -1.18% and -5.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 0.17% at the moment leaves the stock -1.09% off its SMA200. FIS registered 33.72% gain for a year compared to 6-month gain of 4.86%. The firm has a 50-day simple moving average (SMA 50) of $83.509 and a 200-day simple moving average (SMA200) of $79.745.
The stock witnessed a -5.12% loss in the last 1 month and extending the period to 3 months gives it a -12.24%, and is 0.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.61% over the week and 1.72% over the month.
Fidelity National Information Services, Inc (FIS) has around 60000 employees, a market worth around $42.48B and $10.04B in sales. Current P/E ratio is 58.68 and Fwd P/E is 13.82. Profit margin for the company is 7.57%. Distance from 52-week low is 35.49% and -14.21% from its 52-week high. The company has generated returns on investments over the last 12 months (2.81%).
The EPS is expected to grow by 55.37% this year.
Fidelity National Information Services, Inc (FIS) Top Institutional Holders
1459.0 institutions hold shares in Fidelity National Information Services, Inc (FIS), with institutional investors hold 98.12% of the company’s shares. The shares outstanding are 543.00M, and float is at 537.88M with Short Float at 2.14%. Institutions hold 98.02% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 64.57 million shares valued at $4.87 billion. The investor’s holdings represent 11.2095% of the FIS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 52.03 million shares valued at $3.92 billion to account for 9.0321 of the shares outstanding. The other top investors are DODGE & COX which holds 41.44 million shares representing 7.1936% and valued at over $3.12 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 4.9012 of the shares totaling 28.23 million with a market value of $2.13 billion.
Fidelity National Information Services, Inc (FIS) Insider Activity
The most recent transaction is an insider purchase by Goldstein Jeffrey A, the company’s Director. SEC filings show that Goldstein Jeffrey A bought 701 shares of the company’s common stock on Jan 15 ’25 at a price of $79.97 per share for a total of $56059.0. Following the purchase, the insider now owns 11098.0 shares.
Fidelity National Information Services, Inc disclosed in a document filed with the SEC on Nov 15 ’24 that Williams Lenore D (CEVP, Chief People Officer) sold a total of 11,305 shares of the company’s common stock. The trade occurred on Nov 15 ’24 and was made at $87.97 per share for $0.99 million. Following the transaction, the insider now directly holds 32199.0 shares of the FIS stock.
Still, SEC filings show that on Nov 15 ’24, Williams Lenore D (Officer) Proposed Sale 11,305 shares at an average price of $87.97 for $0.99 million. The insider now directly holds shares of Fidelity National Information Services, Inc (FIS).
