- Previous Close
83.46 - Open
83.26 - Bid 83.21 x 800
- Ask 85.25 x 1300
- Day's Range
82.77 - 83.78 - 52 Week Range
46.91 - 85.63 - Volume
2,219,005 - Avg. Volume
2,819,863 - Market Cap (intraday)
45.669B - Beta (5Y Monthly) 1.09
- PE Ratio (TTM)
82.88 - EPS (TTM)
1.01 - Earnings Date Nov 5, 2024 - Nov 11, 2024
- Forward Dividend & Yield 1.60 (1.92%)
- Ex-Dividend Date Sep 10, 2024
- 1y Target Est
83.57
Fidelity National Information Services, Inc. engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. It also offers trading and asset, lending, leveraged and syndicated loan markets, and treasury and risk solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.
www.fisglobal.com60,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Information Technology Services
Industry
Recent News: FIS
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Performance Overview: FIS
Trailing total returns as of 10/3/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: FIS
View MoreValuation Measures
Market Cap
45.53B
Enterprise Value
54.64B
Trailing P/E
82.63
Forward P/E
14.75
PEG Ratio (5yr expected)
0.67
Price/Sales (ttm)
4.85
Price/Book (mrq)
2.67
Enterprise Value/Revenue
5.49
Enterprise Value/EBITDA
13.51
Financial Highlights
Profitability and Income Statement
Profit Margin
7.73%
Return on Assets (ttm)
2.54%
Return on Equity (ttm)
3.14%
Revenue (ttm)
9.96B
Net Income Avi to Common (ttm)
584M
Diluted EPS (ttm)
1.01
Balance Sheet and Cash Flow
Total Cash (mrq)
2.13B
Total Debt/Equity (mrq)
65.98%
Levered Free Cash Flow (ttm)
2.4B
Research Analysis: FIS
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Research Reports: FIS
View MoreFidelity National Information Services Earnings: New Approach Bearing Fruit
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS was providing payment processing services for merchants and holding leading positions in the United States and United Kingdom. But the company sold off a majority interest in Worldpay and now has only a minority stake.
RatingPrice TargetRaises EPS guidance for 2024
Fidelity National Information Services provides technology solutions for merchants, banks and capital market firms. In early 2024, the company sold a majority interest in its Worldpay Merchant Solutions business to GTCR, unwinding its July 2019 purchase of Worldpay, the largest global merchant acquirer. The company is headquartered in Jacksonville, Florida.
RatingPrice TargetU.S. stocks, at midday, appear stable and are making some headway up.
U.S. stocks, at midday, appear stable and are making some headway up. The major indices are up more than 1%. The mood is cautious. The start was helped by Japan's Nikkei which rose 10% overnight after the dramatic fall the day before. The U.S. is deep into earnings season and reports are driving individual stock moves. Overall, global markets continue to recalibrate.
Argus Quick Note: Weekly Stock List for 06/03/2024: Financial Sector Stocks
Our rating on the Financial sector is Over-Weight. The Fed's rate-hike campaign is expanding net interest margins for banks. We also look for recovery in fee-based businesses, bond issuance, and M&A as the rate cycle winds down. Still, with inflation running hot, companies may cut back on hiring and investments, and thus on business loans. As of the end of April, the sector accounted for 13% of the S&P 500. The sector was outperforming the market with a gain of 12.0%. It underperformed the market in 2023, with a gain of 7% compared to a gain of 24% for the S&P 500. The sector includes money center banks, regional banks, investment banks and brokerages, exchanges, insurers, and financial data companies. Here are the Financial companies that either are on our Focus List or are used in our model portfolios.