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FIS

Fidelity National Information Services NYSE:FIS Stock Report

Last Price

US$76.34

Market Cap

US$46.4b

7D

-1.6%

1Y

-36.9%

Updated

03 Oct, 2022

Data

Company Financials +
FIS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends4/6

FIS Stock Overview

Fidelity National Information Services, Inc.

Fidelity National Information Services, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fidelity National Information Services
Historical stock prices
Current Share PriceUS$76.34
52 Week HighUS$126.20
52 Week LowUS$74.70
Beta0.79
1 Month Change-15.15%
3 Month Change-19.64%
1 Year Change-36.93%
3 Year Change-41.53%
5 Year Change-19.09%
Change since IPO94.89%

Recent News & Updates

Sep 05

Fidelity National Information Services: A Cheap Fintech Play But A Bearish Chart

Summary Macro headwinds are numerous, dinging corporate profitability. Fintech firms have been taken to the woodshed, but one established player is not a strong value stock. Technicals on Fidelity National Information Services are poor, though, and a bit more downside should be expected. Inflation, currency moves, and higher interest rates have taken their toll on corporate earnings this year. Many pundits say EPS estimates need to fall further, particularly for the tech space that has significant exposure to all three of the aforementioned market headwinds. One established fintech firm has decent expected profit growth, but many macro risks are top of mind among investors. Shares have sunk as a result. 1-Year Moves: Dollar +19%, Intermediate-Term Treasurys -13% Stockcharts.com According to Bank of America Global Research, Fidelity National Information Services (FIS) employs more than 47,000 people worldwide. FIS provides software, services, and outsourcing of technology to a wide range of institutions in the financial services industry. In 2021, FIS generated revenues of $13.88B, adjusted EBITDA of $6.1B, EPS of $6.55, and $3.6B in free cash flow. Recently, FIS announced that Erik Hoag will succeed Woody Woodall as the new CFO effective Nov. 4. The Jacksonville, Florida-based IT Services industry company in the Information Technology sector, listed on the S&P 500, trades at a high 65.3 trailing 12-month GAAP price-to-earnings ratio and pays a 2.1% dividend yield, according to The Wall Street Journal. The firm’s non-GAAP earnings are much higher, resulting in a lower earnings multiple of 11.4 using forward operating earnings estimates. Analysts at BofA see earnings climbing at a healthy pace through 2024. The Bloomberg consensus forecast is even more bullish on the profitability of FIS in the years ahead. Dividend investors should also be optimistic, as the payout amount is seen as rising more than 20% over the next two years. With earnings growth and a rising yield, the fundamentals look solid. Moreover, FIS’s EV/EBITDA multiple is not too high given its growth rate, and free cash flow yield is decent and rising. FIS: Earnings, Dividend, Valuation Forecasts BofA Global Research Looking ahead, Wall Street Horizon reports that FIS has an ex-dividend date upcoming on Sept. 15. It will be paid on Sept. 30 before the company’s Q3 earnings date of Thursday, November 3 BMO. FIS: Corporate Event Calendar Wall Street Horizon Remarkably, FIS has beaten analyst EPS expectations in each of the past 16 quarters, according to Seeking Alpha. FIS: A Strong Earnings Beat Rate History Seeking Alpha The Technical Take While the fundamentals and valuation look ideal for FIS, its stock chart warrants caution. Shares hover near 4-year lows after falling more than 40% from an all-time high notched in early 2020. The stock had a bearish triple top pattern over more than a year’s time, but then ultimately fell during the tech selloff starting in 2021. $160 was the peak, then $120-$125 support broke then failed at a recovery attempt earlier this year.

Shareholder Returns

FISUS ITUS Market
7D-1.6%1.2%1.0%
1Y-36.9%-35.9%-20.0%

Return vs Industry: FIS exceeded the US IT industry which returned -39.1% over the past year.

Return vs Market: FIS underperformed the US Market which returned -23.2% over the past year.

Price Volatility

Is FIS's price volatile compared to industry and market?
FIS volatility
FIS Average Weekly Movement4.0%
IT Industry Average Movement8.0%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: FIS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FIS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196865,000Gary Norcrosshttps://www.fisglobal.com

Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions.

Fidelity National Information Services, Inc. Fundamentals Summary

How do Fidelity National Information Services's earnings and revenue compare to its market cap?
FIS fundamental statistics
Market CapUS$46.41b
Earnings (TTM)US$846.00m
Revenue (TTM)US$14.39b

54.9x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FIS income statement (TTM)
RevenueUS$14.39b
Cost of RevenueUS$8.90b
Gross ProfitUS$5.48b
Other ExpensesUS$4.64b
EarningsUS$846.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.39
Gross Margin38.12%
Net Profit Margin5.88%
Debt/Equity Ratio39.7%

How did FIS perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

124%

Payout Ratio