Unusual Volume Spikes For: Fidelity National Information Services, Inc. (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS)

Credit Suisse Maintains Fidelity National Information Services, Inc. (NYSE:FIS)’s stock to Outperform with the price target of $115. This rating was issued on 5/09/18. The stock recently closed its previous session at $101.17 by showing a percentage change of -1.61% from its previous day closing price of $102.83.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Fidelity National Information Services, Inc. (NYSE:FIS) in which Citigroup Maintains Fidelity National Information Services, Inc. (NYSE:FIS) to Buy by settling a price target of $114 on 5/02/18. BMO Capital Maintains the stock to Outperform on 2/07/18 by stationing a price target of $118. Baird Maintains the company’s stock to Outperform on 1/24/18 by setting a price target of $115. JP Morgan Downgrades Fidelity National Information Services, Inc. (NYSE:FIS) to Neutral with no specific Price Target.

Fidelity National Information Services, Inc. (NYSE:FIS) currently has a consensus Price Target of $116.67. While some analysts have a High Price target for the stock of $131 and a Low Price Target of $75.

Several sell side analysts reviewed their recommendations on Fidelity National Information Services, Inc. (NYSE:FIS) where 9 analyst have rated the stock as Strong Buy, 7 analysts said it’s a Buy, 4 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.57. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Fidelity National Information Services, Inc. (NYSE:FIS) reported its Actual EPS of $1.23/share. The analysts offering Earnings Estimates for the company were believing that Fidelity National Information Services, Inc. (NYSE:FIS) could bring EPS of $1.21/share. The difference between Actual EPS and Estimated EPS was 0.02 Percent. Thus the company showed an Earnings Surprise of 1.7 Percent.

Fidelity National Information Services, Inc. (NYSE:FIS) has a market capitalization of 33.27 Billion. The stock traded with the volume of 3 Million shares in the last trading session. The stock touched its high share price of $110.83 on 09/21/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 11/07/17 as $89.31. The company has a 1 Year high price target of $119.13. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -6.84%. The Moving Average SMA50 is -6% while SMA200 is -1.39%.

Fidelity National Information Services, Inc. (NYSE:FIS) is currently showing its ROA (Return on Assets) of 5.9%. The Return on Investment (ROI) is at 5.3% while it’s Return on Equity (ROE) value stands at 13.9%. The stock currently shows its YTD (Year to Date) performance of 7.52 percent while its Weekly performance value is -6%. The Monthly and Yearly performances are -7.61 percent and 6.9 percent respectively. The Relative Volume value measured for Fidelity National Information Services, Inc. (NYSE:FIS) is 2.22. The Average Volume (3 months) is 1.35 Million.

The stock currently has its Annual Dividend of $1.28 and an annual Dividend Yield of 1.27 Percent. FIS has P/E (Price to Earnings ttm) value of 51.33, Forward P/E of 17.34, P/C (Price to cash per share) of 27.47 and Price to Free Cash Flow (P/FCF) value of 25.52. The stock is showing its Operating Margin of 17.5 percent.

Company Profile:

Fidelity National Information Services, Inc. is the world’s largest global provider dedicated to financial technology solutions. FIS focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting and outsourcing solutions.FIS empowers the financial world with software, services, consulting and outsourcing solutions focused on retail and institutional banking, payments, asset and wealth management, risk and compliance, trade enablement, transaction processing and record-keeping. Headquartered in Jacksonville, Florida, FIS holds global leadership positions in payment processing, financial software and banking solutions. FIS Provides software, services and outsourcing of the technology that empowers the financial world.