In Thursday’s Wall Street session, Fidelity National Information Services, Inc (NYSE:FIS) shares traded at $74.58, up 8.65% from the previous session.
FIS stock price is now 3.38% away from the 50-day moving average and -6.38% away from the 200-day moving average. The market capitalization of the company currently stands at $39.50B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $103 to $81, Susquehanna Downgraded its rating from Positive to Neutral for Fidelity National Information Services, Inc (NYSE: FIS). On January 14, 2025, Wells Fargo recently initiated its ‘Equal Weight’ rating on the stock quoting a target price of $88, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, Goldstein Jeffrey A, Director bought 844 shares of the company’s stock on Apr 15 ’25. The stock was bought for $60,802 at an average price of $72.04. Upon completion of the transaction, the Director now directly owns 11,942 shares in the company, valued at $0.89 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 15 ’25, Director Goldstein Jeffrey A bought 701 shares of the business’s stock. A total of $56,059 was incurred on buying the stock at an average price of $79.97. This leaves the insider owning 11,098 shares of the company worth $0.83 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Fidelity National Information Services, Inc has had a low of $66.51 and a high of $91.98. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 0.85, and a quick ratio of 0.85. According to the stock market information, the enterprise value for the company is $50213396480, which is based on a 50.29 price-to-earnings ratio, a 5.28 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for FIS is $72.1414 and a two-hundred day moving average price translates $79.65845 for the stock.
The latest earnings results from Fidelity National Information Services, Inc (NYSE: FIS) was released for 2024-12-31. The net profit margin was 8.03% and return on equity was 4.65% for FIS. The company reported revenue of $2.6 billion for the quarter, compared to $2.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.3 percent. For the current quarter, analysts expect FIS to generate $2.5B in revenue.
