The price of Fidelity National Information Services, Inc (NYSE:FIS) shares last traded on Wall Street fell -11.49% to $73.16.
FIS stock price is now -10.22% away from the 50-day moving average and -9.07% away from the 200-day moving average. The market capitalization of the company currently stands at $39.39B.
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With the price target of $88, Wells Fargo recently initiated with Equal Weight rating for Fidelity National Information Services, Inc (NYSE: FIS). On January 06, 2025, Raymond James Downgraded its previous ‘Strong Buy’ rating to ‘Outperform’ on the stock reducing its target price from $115 to quote $101, while ‘Compass Point’ rates the stock as ‘Buy’
In other news, Goldstein Jeffrey A, Director bought 701 shares of the company’s stock on Jan 15 ’25. The stock was bought for $56,059 at an average price of $79.97. Upon completion of the transaction, the Director now directly owns 11,098 shares in the company, valued at $0.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 15 ’24, CEVP, Chief People Officer Williams Lenore D sold 11,305 shares of the business’s stock. A total of $994,501 was realized by selling the stock at an average price of $87.97. This leaves the insider owning 32,199 shares of the company worth $2.36 million. A total of 1.15% of the company’s stock is owned by insiders.
During the past 12 months, Fidelity National Information Services, Inc has had a low of $60.39 and a high of $91.98. As of last week, the company has a debt-to-equity ratio of 0.72, a current ratio of 0.85, and a quick ratio of 1.18. According to the stock market information, the enterprise value for the company is $54180372480, which is based on a 50.79 price-to-earnings ratio, a 4.93 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for FIS is $81.72 and a two-hundred day moving average price translates $80.4493 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 7.80% and return on equity was 4.65% 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.