Shares of Consumer Discretionary sector company Fidelity National Information Services moved -2.2% Friday, and are now trading at a price of $59.65. The large-cap stock's daily volume was 3,378,574 compared to its average volume of 5,178,090. The S&P 500 index returned a 1.0% performance.
Fidelity National Information Services, Inc. provides technology solutions for financial institutions and businesses worldwide. The company is based in Jacksonville and has 69,000 full time employees. Its market capitalization is $35,338,866,688. Fidelity National Information Services currently offers its equity investors a dividend that yields 3.2% per year.
23 analysts are following Fidelity National Information Services and have set target prices ranging from $53.0 to $167.0 per share. On average, they have given the company a rating of buy. At today's prices, FIS is trading -20.88% away from its average analyst target price of $75.39 per share.
The stock's 52 week high is $105.16 per share and its 52 week low is $48.57. With average free cash flows of $4.16 Billion that have been growing at an average rate of 12.7% over the last 4 years, Fidelity National Information Services declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-27 | 3,939,000 | -268,000 | 4,207,000 | -17.99 |
| 2022-02-23 | 4,810,000 | -320,000 | 5,130,000 | 9.03 |
| 2021-02-18 | 4,442,000 | -263,000 | 4,705,000 | 80.27 |
| 2020-02-20 | 2,410,000 | -200,000 | 2,610,000 | n/a |
