Fidelity National Information Services (NYSE:FIS) Sets New 52-Week Low – Should You Sell?

Fidelity National Information Services, Inc. (NYSE:FIS) reached a new 52-week low on Tuesday . The stock traded as low as $37.37 and last traded at $37.3370, with a volume of 3918293 shares trading hands. The stock had previously closed at $38.18.

Wall Street Analysts Forecast Growth

FIS has been the topic of a number of recent research reports. UBS Group reaffirmed a “neutral” rating and set a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. Wolfe Research upped their target price on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Truist Financial cut their target price on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings downgraded shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Hold” and a consensus target price of $53.46.

Fidelity National Information Services Stock Down 2.2%

The business’s fifty day moving average is $41.80 and its two-hundred day moving average is $43.74. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market cap of $19.30 billion, a P/E ratio of 5.74, a price-to-earnings-growth ratio of 0.40 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s revenue for the quarter was up 29.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities analysts predict that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.7%. Fidelity National Information Services’s dividend payout ratio is currently 27.04%.

Hedge Funds Weigh In On Fidelity National Information Services

A number of large investors have recently made changes to their positions in the business. MBM Wealth Consultants LLC acquired a new stake in shares of Fidelity National Information Services during the first quarter worth $33,000. Reflection Asset Management acquired a new stake in Fidelity National Information Services during the 4th quarter valued at approximately $34,000. Hantz Financial Services Inc. raised its holdings in shares of Fidelity National Information Services by 254.5% during the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after purchasing an additional 598 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new stake in Fidelity National Information Services in the second quarter valued at $58,000. Finally, Rothschild Investment LLC increased its stake in shares of Fidelity National Information Services by 191.9% in the 4th quarter. Rothschild Investment LLC now owns 899 shares of the information technology services provider’s stock valued at $60,000 after purchasing an additional 591 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.