FIS Stock Recent News

An advanced digital solutions portfolio, strong wage gains and pursuit of the M&A strategy may drive the Financial Transaction Services space. Stocks like V, MA, FI, FIS and GPN are poised to benefit from the favorable industry trends.

Fidelity National Information Services shares have performed well, rising 36% in the past year. FIS reported Q4 results that missed expectations, with non-GAAP EPS of $0.94 and a 1% decline in revenue, though nonrecurring revenue items drove this weakness. FIS plans to allocate $9 billion to debt reduction and $3 billion to buybacks with the proceeds from the sale of a stake in Worldpay.

On February 1, 2024, Fidelity National Information Services (NYSE: FIS, $73.46, Market Capitalization: $42.3 billion) disclosed the completion of sale of a 55.0% ownership stake in the Worldpay WP 0.0% Merchant Solution business to private equity player GTCR for total consideration of $12.0 billion.

Fidelity National (FIS) reported earnings 30 days ago. What's next for the stock?

Fidelity (FIS) continues to gain, courtesy of increasing numbers in Banking Solutions and Capital Market Solutions businesses.

In the latest trading session, Fidelity National Information Services (FIS) closed at $69.86, marking a +0.81% move from the previous day.

Here is how Fidelity National Information Services (FIS) and Flyware (FLYW) have performed compared to their sector so far this year.

Fidelity National Information Services (FIS) reachead $68.90 at the closing of the latest trading day, reflecting a -0.93% change compared to its last close.

The latest trading day saw Fidelity National Information Services (FIS) settling at $69.15, representing a -0.97% change from its previous close.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?