Fidelity National Information Servcs Inc (NYSE:FIS) – Research analysts at Northcoast Research issued their FY2019 EPS estimates for shares of Fidelity National Information Servcs in a research report issued on Wednesday, November 6th. Northcoast Research analyst K. Mehta expects that the information technology services provider will earn $5.50 per share for the year. Northcoast Research has a “Neutral” rating on the stock. Northcoast Research also issued estimates for Fidelity National Information Servcs’ Q4 2019 earnings at $1.53 EPS and FY2020 earnings at $6.30 EPS.

Fidelity National Information Servcs (NYSE:FIS) last released its quarterly earnings data on Tuesday, November 5th. The information technology services provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. The firm had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.84 billion. Fidelity National Information Servcs had a net margin of 8.24% and a return on equity of 12.07%. The company’s revenue for the quarter was up 35.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.33 earnings per share.

Other equities research analysts have also issued research reports about the stock. Cantor Fitzgerald lifted their target price on shares of Fidelity National Information Servcs from $134.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. ValuEngine raised shares of Fidelity National Information Servcs from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Wedbush set a $150.00 target price on shares of Fidelity National Information Servcs and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Royal Bank of Canada lifted their target price on shares of Fidelity National Information Servcs from $146.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, SunTrust Banks set a $135.00 target price on shares of Fidelity National Information Servcs and gave the company a “hold” rating in a research note on Wednesday, August 7th. Four analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. Fidelity National Information Servcs has a consensus rating of “Buy” and an average target price of $148.38.

Shares of FIS traded down $1.44 during trading hours on Friday, reaching $130.91. 658,590 shares of the company traded hands, compared to its average volume of 2,937,765. The company’s fifty day moving average price is $131.05 and its two-hundred day moving average price is $127.35. The company has a market capitalization of $81.09 billion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 2.68 and a beta of 0.63. The company has a quick ratio of 3.00, a current ratio of 0.86 and a debt-to-equity ratio of 0.34. Fidelity National Information Servcs has a 12 month low of $94.53 and a 12 month high of $141.35.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, December 12th. Fidelity National Information Servcs’s payout ratio is currently 26.77%.

In related news, CFO James W. Woodall sold 100,499 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $133.76, for a total transaction of $13,442,746.24. Following the sale, the chief financial officer now owns 157,497 shares of the company’s stock, valued at $21,066,798.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark L. Heimbouch sold 111,586 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $134.28, for a total transaction of $14,983,768.08. Following the sale, the insider now directly owns 199,168 shares in the company, valued at approximately $26,744,279.04. The disclosure for this sale can be found here. Insiders have sold 321,756 shares of company stock worth $43,162,570 in the last three months. 1.43% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. First PREMIER Bank bought a new position in shares of Fidelity National Information Servcs in the third quarter worth approximately $25,000. Hall Laurie J Trustee bought a new position in shares of Fidelity National Information Servcs in the third quarter worth approximately $25,000. Ironwood Financial llc bought a new position in shares of Fidelity National Information Servcs in the third quarter worth approximately $25,000. Lenox Wealth Management Inc. bought a new position in shares of Fidelity National Information Servcs in the third quarter worth approximately $25,000. Finally, First Financial Corp IN bought a new position in shares of Fidelity National Information Servcs in the third quarter worth approximately $28,000. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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Earnings History and Estimates for Fidelity National Information Servcs (NYSE:FIS)

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