Fidelity National Information Services, Inc (NYSE: FIS) is -9.26% lower on its value in year-to-date trading and has touched a low of $66.51 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 $72.26 in the last trading session, with the day’s gains setting it 1.03%.
Currently trading at $73.29, the stock is 4.39% and -2.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.84 million and changing 1.43% at the moment leaves the stock -8.41% off its SMA200. FIS registered 7.43% gain for a year compared to 6-month loss of -12.90%. The firm has a 50-day simple moving average (SMA 50) of $75.2552 and a 200-day simple moving average (SMA200) of $80.0195.
The stock witnessed a 6.25% gain in the last 1 month and extending the period to 3 months gives it a -13.69%, and is 7.59% 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 3.22% over the week and 2.58% over the month.
Fidelity National Information Services, Inc (FIS) has around 50000 employees, a market worth around $38.82B and $10.12B in sales. Current P/E ratio is 49.42 and Fwd P/E is 11.69. Profit margin for the company is 8.03%. Distance from 52-week low is 10.19% and -20.32% from its 52-week high. The company has generated returns on investments over the last 12 months (3.18%).
with sales reaching $2.5B over the same period.The EPS is expected to grow by 9.99% this year, but quarterly earnings will post 3.22% year-over-year. Quarterly sales are estimated to grow 1.22% in year-over-year returns.
Fidelity National Information Services, Inc (FIS) Top Institutional Holders
1480.0 institutions hold shares in Fidelity National Information Services, Inc (FIS), with institutional investors hold 98.27% of the company’s shares. The shares outstanding are 531.00M, and float is at 528.97M with Short Float at 2.59%. Institutions hold 98.15% 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 7.4793% 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).
