Keefe, Bruyette & Woods Has Lowered Expectations for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FIS) had its price target cut by analysts at Keefe, Bruyette & Woods from $88.00 to $85.00 in a report issued on Wednesday, MarketBeat Ratings reports. The firm presently has an “outperform” rating on the information technology services provider’s stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 27.93% from the company’s current price.

A number of other research analysts have also weighed in on FIS. Susquehanna dropped their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, September 12th. Robert W. Baird raised their price target on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Truist Financial raised their price target on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, July 17th. Finally, UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research report on Tuesday. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Fidelity National Information Services Stock Down 0.1%

Fidelity National Information Services stock opened at $66.44 on Wednesday. Fidelity National Information Services has a 1-year low of $63.00 and a 1-year high of $91.98. The firm has a market capitalization of $34.71 billion, a price-to-earnings ratio of 369.13 and a beta of 1.05. The firm’s fifty day moving average price is $70.04 and its two-hundred day moving average price is $75.11. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period last year, the firm earned $1.36 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. On average, equities research analysts predict that Fidelity National Information Services will post 5.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fidelity National Information Services

Several large investors have recently modified their holdings of the business. Cullen Capital Management LLC increased its stake in shares of Fidelity National Information Services by 7.1% in the second quarter. Cullen Capital Management LLC now owns 17,510 shares of the information technology services provider’s stock worth $1,425,000 after purchasing an additional 1,160 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Fidelity National Information Services by 2.8% in the second quarter. Corient Private Wealth LLC now owns 58,879 shares of the information technology services provider’s stock worth $4,793,000 after purchasing an additional 1,586 shares in the last quarter. Caldwell Trust Co purchased a new position in shares of Fidelity National Information Services in the second quarter worth about $1,488,000. Osaic Holdings Inc. increased its stake in shares of Fidelity National Information Services by 14.2% in the second quarter. Osaic Holdings Inc. now owns 64,673 shares of the information technology services provider’s stock worth $5,236,000 after purchasing an additional 8,064 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in shares of Fidelity National Information Services by 21.3% in the second quarter. Orion Porfolio Solutions LLC now owns 138,478 shares of the information technology services provider’s stock worth $11,274,000 after purchasing an additional 24,273 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.