Analyst Ratings for Fidelity National Information Services Inc. (FIS)Updated: 2017-07-28
Shares of Fidelity National Information Services Inc. (NYSE:FIS) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for FIS last month.
18 analysts declared FIS a buy, 2 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
Investment analysts gave a few price targets for FIS. The highest price target was 103, implying a possible profit of 13.4 percent. The minimum price target given was 63, which equates to a potential downside of -30.64 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -1.52 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.12 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FIS to grow at a rate of 115.27 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. FIS has a PEG ratio of 0.4.
In the last 52-weeks, FIS has achieved a high of 91.13 and a low of 73.25. The current market price is above the trailing year's low by 24 percent, and below the high by 0.33 percent. FIS has a P/E ratio of 46.11. Investors typically compare the P/E ratio to a company's peers in the industry. The FIS value stock report compares FIS to some of its peers using value stock charts. The market cap of FIS is $30.1 billion. FIS's next earnings release will be on 0000-00-00, which is days away.