Fidelity National Information Services (NYSE:FIS) Now Covered by Analysts at Barclays

by · The Markets Daily

Barclays started coverage on shares of Fidelity National Information Services (NYSE:FIS – Get Free Report) in a report issued on Wednesday,Benzinga reports. The brokerage set an “equal weight” rating on the information technology services provider’s stock.

FIS has been the topic of a number of other research reports. TD Cowen lowered their target price on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. BNP Paribas Exane decreased their price target on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Royal Bank Of Canada lowered their price target on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft dropped their price objective on Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Finally, Morgan Stanley began coverage on shares of Fidelity National Information Services in a research note on Tuesday. They issued an “equal weight” rating and a $47.00 target price for the company. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $60.68.

View Our Latest Stock Analysis on Fidelity National Information Services

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $42.61 on Wednesday. The company’s fifty day simple moving average is $41.70 and its 200-day simple moving average is $49.65. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm has a market cap of $22.03 billion, a PE ratio of 8.26, a P/E/G ratio of 0.40 and a beta of 0.80. Fidelity National Information Services has a 12 month low of $37.42 and a 12 month high of $82.62.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter last year, the firm earned $1.21 earnings per share. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Equities research analysts expect that Fidelity National Information Services will post 6.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FIS. Salomon & Ludwin LLC raised its stake in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 194 shares during the period. GoalVest Advisory LLC acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at $33,000. MBM Wealth Consultants LLC bought a new position in shares of Fidelity National Information Services in the first quarter valued at about $33,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Fidelity National Information Services by 251.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after purchasing an additional 362 shares during the period. Finally, Reflection Asset Management acquired a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $34,000. 96.23% of the stock is owned by institutional investors and hedge funds.

About Fidelity National Information Services

(Get Free Report)

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.

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