Fidelity National Information Services (NYSE:FIS) Given New $40.00 Price Target at Deutsche Bank Aktiengesellschaft

Fidelity National Information Services (NYSE:FIS) had its price objective decreased by research analysts at Deutsche Bank Aktiengesellschaft from $45.00 to $40.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has a “hold” rating on the information technology services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 18.29% from the company’s previous close.

A number of other equities analysts have also recently commented on the stock. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price objective (down from $58.00) on shares of Fidelity National Information Services in a research report on Tuesday, August 25th. Wolfe Research raised their target price on shares of 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. Truist Financial reduced their target price on shares of Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th. UBS Group reiterated a “neutral” rating on shares of Fidelity National Information Services in a research note on Monday, September 21st. Finally, Barclays cut their price objective 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 report on Wednesday, August 5th. Ten research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services has an average rating of “Hold” and a consensus price target of $52.72.

Fidelity National Information Services Stock Down 1.4%

Shares of NYSE FIS traded down $0.49 during midday trading on Tuesday, reaching $33.82. The company’s stock had a trading volume of 1,290,563 shares, compared to its average volume of 6,003,444. The stock has a 50 day simple moving average of $40.57 and a 200-day simple moving average of $42.69. 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 stock has a market capitalization of $17.48 billion, a price-to-earnings ratio of 5.21, a PEG ratio of 0.37 and a beta of 0.79. Fidelity National Information Services has a fifty-two week low of $33.67 and a fifty-two week high of $69.14.

Fidelity National Information Services (NYSE:FIS) last announced 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. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s revenue was up 29.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.36 earnings per share. 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. Equities research analysts predict that Fidelity National Information Services will post 6.2 earnings per share for the current year.

Institutional Investors Weigh In On Fidelity National Information Services

Large investors have recently added to or reduced their stakes in the business. MBM Wealth Consultants LLC bought a new stake in shares of Fidelity National Information Services in the 1st quarter valued at $33,000. Reflection Asset Management acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at about $34,000. Hantz Financial Services Inc. raised its holdings in shares of Fidelity National Information Services by 254.5% during the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares during the period. N.E.W. Advisory Services LLC bought a new position in shares of Fidelity National Information Services during the 2nd quarter worth about $58,000. Finally, Rothschild Investment LLC grew its stake in shares of Fidelity National Information Services by 191.9% in the 4th quarter. Rothschild Investment LLC now owns 899 shares of the information technology services provider’s stock valued at $60,000 after buying an additional 591 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

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.