Fidelity National Information Services (NYSE:FIS) Reaches New 52-Week Low After Analyst Downgrade

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) hit a new 52-week low during trading on Tuesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from $45.00 to $40.00. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock. Fidelity National Information Services traded as low as $33.67 and last traded at $33.8690, with a volume of 555178 shares. The stock had previously closed at $34.31.

Other analysts have also issued reports about the company. National Bank Financial set a $50.00 target price on Fidelity National Information Services in a research report on Monday, August 10th. Truist Financial reduced their price target on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th. UBS Group restated a “neutral” rating on shares of Fidelity National Information Services in a research note on Monday, September 21st. Robert W. Baird dropped their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Citigroup cut their target price on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $52.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Reflection Asset Management bought a new position in Fidelity National Information Services in the 4th quarter worth approximately $34,000. MBM Wealth Consultants LLC bought a new position in shares of Fidelity National Information Services in the first quarter worth $33,000. Hantz Financial Services Inc. increased its holdings in shares of Fidelity National Information Services by 254.5% during the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares during the period. Rothschild Investment LLC increased its holdings in shares of Fidelity National Information Services by 191.9% during the fourth quarter. Rothschild Investment LLC now owns 899 shares of the information technology services provider’s stock valued at $60,000 after purchasing an additional 591 shares during the period. Finally, Purpose Unlimited Inc. bought a new stake in shares of Fidelity National Information Services during the fourth quarter valued at about $88,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 1.6%

The firm has a market cap of $17.45 billion, a price-to-earnings ratio of 5.19, a P/E/G ratio of 0.37 and a beta of 0.79. The firm’s fifty day moving average is $40.57 and its two-hundred day moving average is $42.69. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the firm posted $1.36 EPS. Fidelity National Information Services’s revenue was up 29.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.2 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Friday, September 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 27.04%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.