FIS Stock Recent News
FIS LATEST HEADLINES
Fidelity National Information Services (FIS) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.71 per share a year ago.
Fidelity National's (FIS) fourth-quarter results are likely to reflect lower North American revenues.
The latest trading day saw Fidelity National Information Services (FIS) settling at $62.96, representing a -1.08% change from its previous close.
Al Jazeera has called 2023 “the year of the layoffs.” As the news organization pointed out recently, it started badly in 2023, when Salesforce (NYSE: CRM ) cut 10% of its global staff.
Fidelity National Information Services (FIS) reachead $61.71 at the closing of the latest trading day, reflecting a -0.93% change compared to its last close.
In the latest trading session, Fidelity National Information Services (FIS) closed at $63.15, marking a -0.55% move from the previous day.
Fidelity National Information Services has seen a decline in valuation, underperforming the market. The company is undergoing a balance sheet transformation and operational improvements. FIS is expected to have a triple-digit potential return and is currently undervalued. I expect the company, at 15-20x P/E, to be able to beat the market and maintain a "BUY" rating.
In the most recent trading session, Fidelity National Information Services (FIS) closed at $61.06, indicating a +1.04% shift from the previous trading day.
Fidelity National (FIS) is well-poised for growth on the back of a solid Banking Solutions segment, its innovative technology solutions suite, divestitures and strong operating cash flows.
Investors with an interest in Financial Transaction Services stocks have likely encountered both Fidelity National Information Services (FIS) and MasterCard (MA). But which of these two stocks is more attractive to value investors?