Fidelity National Information Services (NYSE:FIS) Hits New 12-Month Low – Here’s Why

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) hit a new 52-week low on Monday . The stock traded as low as $40.07 and last traded at $40.4720, with a volume of 227313 shares. The stock had previously closed at $40.95.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Oppenheimer dropped their target price on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Wolfe Research dropped their target price on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Keefe, Bruyette & Woods dropped their target price on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. The Goldman Sachs Group dropped their target price on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, BNP Paribas Exane dropped their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Stock Performance

The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a fifty day simple moving average of $44.66 and a 200 day simple moving average of $53.37. The company has a market cap of $20.66 billion, a price-to-earnings ratio of 7.75, a P/E/G ratio of 0.39 and a beta of 0.78.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.21 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is currently 34.11%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC increased its position in Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after buying an additional 194 shares during the period. Raiffeisen Bank International AG bought a new position in Fidelity National Information Services in the 3rd quarter worth approximately $29,000. GoalVest Advisory LLC bought a new position in Fidelity National Information Services in the 4th quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Finally, Reflection Asset Management bought a new position in Fidelity National Information Services in the 4th quarter worth approximately $34,000. 96.23% of the stock is owned by institutional investors.

About Fidelity National Information Services

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.