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.
FIS was given price targets by several analysts. The maximum price target given was 103, implying potential capital gains of 13.4 percent. The lowest price target was 63, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.52 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.12 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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.
FIS has an estimated earnings growth rate of 115.27 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. FIS has a PEG ratio of 0.4.
FIS has a 52-week high of 91.13 and a 52-week low of 73.25. Currently the stock is 24 percent higher than its low, and 0.33 percent lower than its 52-week high. FIS has a price/earnings 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 stock has a market capitalization of $30.1 billion. FIS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.