Fidelity National Information Servcs (NYSE:FIS) Target Raised by Oppenheimer Holdings Inc. to $161.00

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Fidelity National Information Servcs stock has undergone multiple analysts rating changes in the recent past.  Fidelity National Information Servcs stock Target Raised by   Oppenheimer Holdings Inc. on 6/29/2020. In a note to investors, the firm issued a new target price of $161.00. The analysts previously had $145.00 target price. Oppenheimer Holdings Inc.’s price target would indicate a potential upside of 22.68% from the stock’s previous close.

Shares of Fidelity National Information Servcs traded up $0.56 on Monday, reaching $131.07. 2592424 shares of the stock traded hands, compared to its average volume of 3886396. Shares of were trading at $131.07 on Monday. The firm’s 50 day moving average is $$133.61 and its 200 day moving average is $134.61.Fidelity National Information Servcs  has a 12 month low of $129.38 and a 12 month high of $158.21. While on yearly highs and lows, Fidelity National Information Servcs today has traded high as $131.79 and has touched $129.38 on the downward trend.

Fidelity National Information Servcs Earnings and What to expect: 

Fidelity National Information Servcs last announced its earnings data on May 7th, 2020. The information technology services provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.01. The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.08 billion. Its revenue was up 49.6% compared to the same quarter last year. Fidelity National Information Servcs has generated $5.61 earnings per share over the last year and currently has a price-to-earnings ratio of 252.1. Fidelity National Information Servcs has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Earnings for Fidelity National Information Servcs are expected to grow by 22.20% in the coming year, from $5.45 to $6.66 per share. The P/E ratio of Fidelity National Information Servcs is 252.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.07. The P/E ratio of Fidelity National Information Servcs is 252.10, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 21.80. Fidelity National Information Servcs has a PEG Ratio of 1.78. PEG Ratios above 1 indicate that a company could be overvalued. Fidelity National Information Servcs has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.70%
  • On 6/17/2020 Insider Bruce F Lowthers Jr Sell 89,478 at average share price of $138.56 which equates to $12,398,071.68 in money value.
  • On 6/1/2020 COO Stephanie Ferris Sell 6,582 at average price of  $138.91 with total value of : Not Data Available
  • On 2/18/2020 Director James B Stallings Jr Sell 10,489 at average price of  $154.94 with total value of : $1,625,165.66
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Fidelity National Information Servcs

  • 6/23/2020 – Fidelity National Information Servcs had its price target raised by analysts at JPMorgan Chase & Co. from $140.00 to $152.00. They now have an “overweight” rating on the stock. ()
  • 6/3/2020 – Fidelity National Information Servcs was upgraded by analysts at TheStreet from a “c+” rating to a “b-” rating. ()
  • 5/12/2020 – Fidelity National Information Servcs had its price target lowered by analysts at UBS Group AG from $146.00 to $142.00. They now have a “buy” rating on the stock. ()
  • 5/8/2020 – Fidelity National Information Servcs had its price target lowered by analysts at Deutsche Bank AG from $160.00 to $148.00. They now have a “hold” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Oppenheimer Holdings Inc.: 

  • 6/29/2020 – Global Payments had its price target raised by analysts at Oppenheimer Holdings Inc. from $190.00 to $202.00. They now have an “outperform” rating on the stock. ()
  • 6/29/2020 – Intercept Pharmaceuticals was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating. They now have a $46.00 price target on the stock, down previously from $124.00. ()
  • 6/29/2020 – Kaleyra is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $12.00 price target on the stock. ()
  • 6/29/2020 – Fortinet had its “buy” rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $160.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

Fidelity National Information Servcs (NYSE:FIS) Moving Average Technical Analysis

5 day Moving Average is $$132.99 And 5 day price change is -$8.03 (-5.78%)  with average volume for 5 day average is 4,695,276. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $137.49 and 20 day price change is -$7.95 (-5.72%) and average 20 day moving volume is 4,144,384. 50 day moving average is $133.61  and 50 day price change is $2.96 ( 2.31%)  and with average volume for 50 days is : 3,881,812. 200 day moving average is $134.61  and 200 day price change is -$2.52 (-1.89%)  and with average volume for 200 days is : 3,810,204.

See More Analyst Rating at: RATING