UBS Group Lowers Fidelity National Information Services (NYSE:FIS) Price Target to $73.00

Fidelity National Information Services (NYSE:FISGet Free Report) had its price objective decreased by UBS Group from $83.00 to $73.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. UBS Group’s price target would indicate a potential upside of 49.18% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Truist Financial lowered their target price on Fidelity National Information Services from $72.00 to $70.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Keefe, Bruyette & Woods dropped their price objective on shares of Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating for the company in a report on Wednesday. Cantor Fitzgerald started coverage on shares of Fidelity National Information Services in a report on Tuesday, January 27th. They set an “overweight” rating and a $72.00 target price on the stock. Compass Point decreased their price target on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Finally, BNP Paribas Exane cut their price target on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a report on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $72.17.

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Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock traded up $0.83 during midday trading on Wednesday, hitting $48.94. 3,979,596 shares of the company traded hands, compared to its average volume of 4,781,109. The firm’s fifty day moving average price is $59.05 and its 200-day moving average price is $64.03. The stock has a market cap of $25.34 billion, a price-to-earnings ratio of 181.09, a PEG ratio of 0.71 and a beta of 0.90. Fidelity National Information Services has a 12 month low of $46.16 and a 12 month high of $82.74. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.53 and a current ratio of 0.53.

Fidelity National Information Services (NYSE:FISGet Free Report) last issued its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 1.45% and a return on equity of 19.76%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.40 EPS. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. As a group, sell-side analysts forecast that Fidelity National Information Services will post 5.74 earnings per share for the current year.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were purchased at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the acquisition, the director owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This represents a 6.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Fidelity National Information Services by 0.6% during the second quarter. Vanguard Group Inc. now owns 63,019,323 shares of the information technology services provider’s stock valued at $5,130,403,000 after purchasing an additional 376,499 shares during the period. Dodge & Cox boosted its holdings in Fidelity National Information Services by 13.9% in the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after acquiring an additional 6,008,090 shares in the last quarter. Capital Research Global Investors grew its stake in Fidelity National Information Services by 0.6% in the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after acquiring an additional 172,356 shares during the period. Geode Capital Management LLC increased its holdings in shares of Fidelity National Information Services by 0.4% during the second quarter. Geode Capital Management LLC now owns 13,288,097 shares of the information technology services provider’s stock valued at $1,077,157,000 after acquiring an additional 48,968 shares in the last quarter. Finally, Boston Partners raised its position in shares of Fidelity National Information Services by 10.5% during the second quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock worth $958,537,000 after purchasing an additional 1,122,181 shares during the period. 96.23% of the stock is owned by institutional investors.

Key Stories Impacting Fidelity National Information Services

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About Fidelity National Information Services

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Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.

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