Fidelity National Information Services (NYSE:FIS) Stock Rating Upgraded by Barclays

Fidelity National Information Services (NYSE:FIS) was upgraded by Barclays to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

FIS has been the subject of several other reports. Citigroup dropped their target price on Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Oppenheimer reduced their price target on Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Truist Financial lowered their price target on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. Finally, UBS Group cut their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $59.96.

Fidelity National Information Services Trading Up 1.8%

FIS opened at $41.55 on Tuesday. The firm has a market capitalization of $21.48 billion, a price-to-earnings ratio of 8.05, a price-to-earnings-growth ratio of 0.40 and a beta of 0.80. The company’s 50 day simple moving average is $41.51 and its two-hundred day simple moving average is $49.30. Fidelity National Information Services has a 1-year low of $37.42 and a 1-year high of $82.62. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results 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 $3.29 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the business earned $1.21 earnings per share. The business’s 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. Analysts expect that Fidelity National Information Services will post 6.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC boosted its stake in Fidelity National Information Services by 100.5% during 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. GoalVest Advisory LLC purchased a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $33,000. MBM Wealth Consultants LLC acquired a new position in shares of Fidelity National Information Services in the 1st quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after acquiring an additional 362 shares during the last quarter. Finally, Reflection Asset Management purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

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.