In yesterday’s Wall Street session, Fidelity National Information Services, Inc (NYSE:FIS) shares traded at $86.57, down -3.49% from the previous session.
FIS stock price is now 0.99% away from the 50-day moving average and 14.50% away from the 200-day moving average. The market capitalization of the company currently stands at $47.23B.
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On July 22, 2024, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock keeping its target price maintained at $79, while ‘Exane BNP Paribas’ rates the stock as ‘Neutral’
In other news, Goldstein Jeffrey A, Director bought 626 shares of the company’s stock on Oct 15 ’24. The stock was bought for $55,244 at an average price of $88.25. Upon completion of the transaction, the Director now directly owns 10,397 shares in the company, valued at $0.9 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 15 ’24, Director Goldstein Jeffrey A bought 719 shares of the business’s stock. A total of $55,226 was incurred on buying the stock at an average price of $76.81. This leaves the insider owning 9,771 shares of the company worth $0.85 million. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Fidelity National Information Services, Inc has had a low of $49.91 and a high of $91.98. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 1.18, and a quick ratio of 1.18. According to the stock market information, the enterprise value for the company is $56779649024, which is based on a 64.37 price-to-earnings ratio, a 5.66 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for FIS is $85.6016 and a two-hundred day moving average price translates $75.4813 for the stock.
The latest earnings results from Fidelity National Information Services, Inc (NYSE: FIS) was released for 2024-09-30. The net profit margin was 7.57% and return on equity was 3.15% for FIS. The company reported revenue of $2.57 billion for the quarter, compared to $2.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.13 percent.
