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.
Several price targets were given for FIS by the analysts covering the stock. The highest price target was 103, implying a possible profit of 13.4 percent. The most pessimistic analyst gave a price target of 63, which equates to a potential downside of -30.64 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of -0.12 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FIS to grow at a rate of 115.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FIS is 0.4.
FIS has traded between a high of 91.13 and a low of 73.25 over the past year. The current market price is above the trailing year's low by 24 percent, and 0.33 percent lower than its 52-week high. 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.