Fidelity National Information Services (NYSE:FIS)‘s stock had its “buy” rating reaffirmed by research analysts at Oppenheimer in a report released on Wednesday, Analyst Ratings Network.com reports. They currently have a $53.00 price objective on the stock. Oppenheimer’s price target would suggest a potential upside of 7.57% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Fidelity National Information Services from $44.00 to $50.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital reiterated a “hold” rating on shares of Fidelity National Information Services in a research note to investors on Wednesday, October 16th. They now have a $17.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Fidelity National Information Services in a research note to investors on Tuesday, October 8th. They now have a $48.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. Fidelity National Information Services currently has a consensus rating of “Hold” and an average target price of $44.87.
Shares of Fidelity National Information Services (NYSE:FIS) traded down 0.99% during mid-day trading on Wednesday, hitting $48.78. 1,510,333 shares of the company’s stock traded hands. Fidelity National Information Services has a one year low of $30.76 and a one year high of $47.73. The stock has a 50-day moving average of $45.4 and a 200-day moving average of $42.86. The company has a market cap of $14.249 billion and a price-to-earnings ratio of 30.81.
Fidelity National Information Services (NYSE:FIS) last released its earnings data on Tuesday, October 29th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.03. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services will post $2.82 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 30th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Thursday, December 12th.
Fidelity National Information Services, Inc (NYSE:FIS) is a global provider of banking and payments technologies.
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