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

Fidelity National Information Services, Inc. (NYSE:FIS)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $37.37 and last traded at $37.3370, with a volume of 3918293 shares trading hands. The stock had previously closed at $38.18.

Analyst Ratings Changes

FIS has been the subject of a number of research reports. Barclays decreased their target price on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 5th. Keefe, Bruyette & Woods cut their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Morgan Stanley started coverage on Fidelity National Information Services in a research report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 price objective for the company. TD Cowen dropped their target price on Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Finally, Wolfe Research raised their price target on Fidelity National Information Services from $53.00 to $54.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and a consensus target price of $53.46.

Fidelity National Information Services Stock Down 0.3%

The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The business’s fifty day moving average price is $41.61 and its two-hundred day moving average price is $43.56. The firm has a market cap of $18.99 billion, a P/E ratio of 5.64, a P/E/G ratio of 0.39 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the business posted $1.36 earnings per share. The business’s quarterly revenue was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 6.2 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.8%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s payout ratio is 27.04%.

Hedge Funds Weigh In On Fidelity National Information Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MBM Wealth Consultants LLC bought a new stake in shares of Fidelity National Information Services during the 1st quarter worth $33,000. Reflection Asset Management bought a new position in Fidelity National Information Services in the 4th quarter worth $34,000. Hantz Financial Services Inc. lifted its position in Fidelity National Information Services by 254.5% during the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after acquiring an additional 598 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in Fidelity National Information Services during the second quarter valued at about $58,000. Finally, Rothschild Investment LLC grew its position in shares of Fidelity National Information Services by 191.9% in the fourth quarter. Rothschild Investment LLC now owns 899 shares of the information technology services provider’s stock valued at $60,000 after purchasing an additional 591 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

About Fidelity National Information Services

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.