Fidelity National Information Services (NYSE:FIS) Hits New 1-Year Low – Should You Sell?

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) reached a new 52-week low on Thursday . The stock traded as low as $37.85 and last traded at $38.0960, with a volume of 662413 shares. The stock had previously closed at $38.58.

Analyst Ratings Changes

FIS has been the subject of several recent analyst reports. Raymond James Financial dropped their price target on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. UBS Group dropped their price target on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Argus decreased their target price on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Citigroup decreased their target price on Fidelity National Information Services from $53.00 to $48.00 in a research report on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services Stock Performance

The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The business has a 50-day simple moving average of $43.76 and a 200-day simple moving average of $52.29. The firm has a market capitalization of $19.79 billion, a PE ratio of 7.42, a P/E/G ratio of 0.39 and a beta of 0.78.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the business posted $1.21 earnings per share. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Equities research analysts expect that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is presently 34.11%.

Institutional Investors Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC raised its holdings in shares of Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after buying an additional 194 shares during the period. Raiffeisen Bank International AG purchased a new stake in shares of Fidelity National Information Services in the third quarter worth approximately $29,000. GoalVest Advisory LLC purchased a new stake in shares of Fidelity National Information Services in the fourth quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Fidelity National Information Services by 251.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Finally, Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services in the fourth quarter worth approximately $34,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

About Fidelity National Information Services

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.