Fidelity National Information Services, Inc (NYSE: FIS) is -15.66% lower on its value in year-to-date trading and has touched a low of $66.71 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 $71.27 in the last trading session, with the day’s loss setting it -3.15%.
Currently trading at $68.12, the stock is -3.02% and -10.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.4 million and changing -4.42% at the moment leaves the stock -15.01% off its SMA200. FIS registered -1.49% loss for a year compared to 6-month gain of -16.27%.
The stock witnessed a -18.34% loss in the last 1 month and extending the period to 3 months gives it a -20.32%, and is -2.53% down 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 3.01% over the week and 2.89% over the month.
Fidelity National Information Services, Inc (FIS) has around 50000 employees, a market worth around $36.08B and $10.12B in sales. Current P/E ratio is 45.93 and Fwd P/E is 10.87. Profit margin for the company is 8.03%. Distance from 52-week low is 2.11% and -25.94% from its 52-week high. The company has generated returns on investments over the last 12 months (3.18%).
The EPS is expected to grow by 9.99% this year.
Fidelity National Information Services, Inc (FIS) Top Institutional Holders
The shares outstanding are 531.00M, and float is at 528.98M with Short Float at 2.95%.
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 7.4793% and valued at over $3.12 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 5.0958 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).