Compass Point has recently initiated Fidelity National Information Servcs Inc (FIS) stock to Buy rating, as announced on November 20, 2024, according to Finviz. Earlier, on November 20, 2024, Exane BNP Paribas had reduced the stock from a Neutral to Underperform. Oppenheimer also resumed Perform rating. Additionally, Morgan Stanley reduced rating on July 22, 2024, with a target price of $79. Exane BNP Paribas analysts, in their report published on April 11, 2024, also reduced Neutral rating and set a price target of $72 for Fidelity National Information Servcs Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Fidelity National Information Servcs Inc (FIS) Stock Trading Recap
On Tuesday, Fidelity National Information Servcs Inc (FIS) stock saw a modest uptick, ending the day at $85.24 which represents a slight increase of $0.11 or 0.13% from the prior close of $85.13. The stock opened at $85.24 and touched a low of $84.8 during the day, reaching a high of $85.58. The volume of shares traded was 4.19 million exceeding the average volume of 3.10 million.
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FIS Stock Performance and Moving Averages
In recent trading, Fidelity National Information Servcs Inc (FIS) stock price has shown some volatility, fluctuating 0.98% over the last five trades and -4.33% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 12.05%, and it has gained 3.45% in the previous three months. Currently, FIS is trading at -1.56%, -2.05%, and 9.40% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, FIS, a Technology sector stock, is trading -7.33% below its 52-week high but remains 49.20% above its 52-week low. The Average True Range (ATR) (14 days) of 1.53 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Fidelity National Information Servcs Inc’s Profitability and Valuation Ratios
Fidelity National Information Servcs Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 23.14% and a profit margin of 7.57%, with a gross margin of 12.05%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Fidelity National Information Servcs Inc’s market capitalization stands at $45.89 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 63.38, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 14.94. Additionally, the Price-to-Sales Ratio is 4.57, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.79, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.09% of Fidelity National Information Servcs Inc (FIS)’s shares, while financial institutions hold 96.92%.
Notable insider trades include Williams Lenore D, CEVP, Chief People Officer at Fidelity National Information Servcs Inc (FIS), who sold 11305 shares on Nov 15 ’24, at $87.97 each, totaling $0.99 million.
