Fidelity National Information Services (FIS) has seen a boost in positions by investors such as Handelsbanken Fonder AB, Allspring Global Investments, D.A. Davidson & CO., and Strategic Financial Concepts. The company has been recognized as a top value stock for the long-term and is considered a strong contender in the Information Technology Services sector by certain market evaluations. FIS reported its full-year 2024 results and 2025 outlook, highlighting an accelerated momentum. Unfortunately, the company's stock suffered on disappointing outlook and a drop after the earnings report. FIS has also announced acquisitions including Demica and Dragonfly and possibly nearing another in the capital markets realm. Critiques from Barclays, Seaport Res Ptn, and Susquehanna downgraded FIS due to pessimistic forecasts, and Royal Bank of Canada and Wells Fargo & Company cut its price target. Yet, amid the negative outlooks, FIS announced an increased quarterly dividend. FIS experienced an unusually high trading volume following the earnings beat. Some recent updates include a Q1 2025 earnings guidance, focus on core banking and digital transformation, and recent certification for sending in FedNowยฎ Instant Payments Network. The company was also noted as a leader in both 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America and Omdia Payment Hubs Report.
Fidelity National Information Services FIS News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 22 Feb 2025 19:06:41 GMT -
Rating 0
- Innovation 4
- Information 7
- Rumor -4
