20-Dec-2024
Fidelity National Info (FIS): New Buy Recommendation for This Technology Giant
TipRanks (Thu, 19-Dec 10:55 AM ET)
FIS Recognized for Outstanding Customer Satisfaction in IDC Treasury Awards
Business Wire (Thu, 19-Dec 8:00 AM ET)
Morgan Stanley Reaffirms Their Hold Rating on Fidelity National Info (FIS)
TipRanks (Wed, 18-Dec 6:35 AM ET)
FIS Named a Leader in Core Banking in IDC MarketScape
Business Wire (Mon, 16-Dec 8:00 AM ET)
Business Wire (Thu, 5-Dec 8:00 AM ET)
FIS to Present at Upcoming Conference
Business Wire (Mon, 25-Nov 4:30 PM ET)
Business Wire (Tue, 19-Nov 9:00 AM ET)
FIS and Oracle Enhance Utility Billing Experience
Business Wire (Tue, 12-Nov 8:00 AM ET)
FIS Reports Strong Third Quarter 2024 Results and Raises Full-Year Outlook
Business Wire (Mon, 4-Nov 7:00 AM ET)
FIS Appoints Kourtney Gibson to the Board of Directors
Business Wire (Mon, 4-Nov 6:45 AM ET)
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS was providing payment processing services for merchants and holding leading positions in the United States and United Kingdom. But the company sold off a majority interest in Worldpay and now has only a minority stake.
Fidelity National Information Services trades on the NYSE stock market under the symbol FIS.
As of December 20, 2024, FIS stock price climbed to $81.46 with 6,373,146 million shares trading.
FIS has a beta of 0.41, meaning it tends to be less sensitive to market movements. FIS has a correlation of 0.08 to the broad based SPY ETF.
FIS has a market cap of $43.85 billion. This is considered a Large Cap stock.
Last quarter Fidelity National Information Services reported $3 billion in Revenue and $1.40 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.11.
In the last 3 years, FIS traded as high as $122.06 and as low as $46.91.
The top ETF exchange traded funds that FIS belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
FIS has outperformed the market in the last year with a return of +40.8%, while the SPY ETF gained +27.8%. However, in the most recent history, FIS shares have underperformed the stock market with its stock returning -2.7% in the last 3 month period and -3.7% for the last 2 week period, while SPY has returned +4.4% and -2.4%, respectively.
FIS support price is $79.09 and resistance is $81.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FIS shares will trade within this expected range on the day.