Market Update: Fidelity National Information Services, Inc. (FIS) Sees Negative Movement, Closing at 74.51

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In the latest session, Fidelity National Information Services, Inc. (NYSE: FIS) closed at $74.51 down -1.09% from its previous closing price of $75.33. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 2.92 million shares were traded. FIS stock price reached its highest trading level at $76.07 during the session, while it also had its lowest trading level at $74.465.

Ratios:

For a deeper understanding of Fidelity National Information Services, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.59.

On April 11, 2024, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $72.

Robert W. Baird Downgraded its Outperform to Neutral on March 13, 2024, whereas the target price for the stock was revised from $76 to $78.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 15 ’24 when Goldstein Jeffrey A bought 719 shares for $76.81 per share. The transaction valued at 55,226 led to the insider holds 9,771 shares of the business.

Goldstein Jeffrey A bought 775 shares of FIS for $56,087 on Apr 15 ’24. The Director now owns 9,052 shares after completing the transaction at $72.37 per share. On Jan 17 ’24, another insider, Goldstein Jeffrey A, who serves as the Director of the company, bought 899 shares for $60.32 each. As a result, the insider paid 54,228 and bolstered with 8,277 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIS now has a Market Capitalization of 41446264832 and an Enterprise Value of 49399296000. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 4.994 whereas that against EBITDA is 14.551.

Stock Price History:

The Beta on a monthly basis for FIS is 1.07, which has changed by 0.24911988 over the last 52 weeks, in comparison to a change of 0.17829525 over the same period for the S&P500. Over the past 52 weeks, FIS has reached a high of $78.73, while it has fallen to a 52-week low of $46.91. The 50-Day Moving Average of the stock is -2.01%, while the 200-Day Moving Average is calculated to be 13.26%.

Shares Statistics:

For the past three months, FIS has traded an average of 3.93M shares per day and 2846750 over the past ten days. A total of 583.00M shares are outstanding, with a floating share count of 555.84M. Insiders hold about 0.07% of the company’s shares, while institutions hold 99.40% stake in the company. Shares short for FIS as of 1721001600 were 11830435 with a Short Ratio of 3.01, compared to 1718323200 on 18595272. Therefore, it implies a Short% of Shares Outstanding of 11830435 and a Short% of Float of 2.77.

Dividends & Splits

According to the company, the forward annual dividend rate for FIS is 1.76, from 1.92 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025487851The stock’s 5-year Average Dividend Yield is 1.88.

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