Skip to Content

Fidelity National Information Services Inc - Stock Quote FIS

Rating as of

Morningstar's Fidelity National Information Services Inc Stock Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

FIS Off to Good Start in First Quarter

Brett Horn, CFA Senior Equity Analyst

Analyst Note

| Brett Horn, CFA |

Fidelity National Information Services produced solid first-quarter results. Like its peers, the company is seeing some bounceback from coronavirus-related headwinds. Overall, revenue increased 9% year over year on an organic basis. We will maintain our $137 fair value estimate. We continue to see the shares as undervalued from a long-term perspective, as we believe the market is overly skeptical about the narrow-moat company’s long-term prospects.

Read Full Analysis

Fidelity National Information Services Inc's Company Profile

Business Description

Fidelity National Information Services’ legacy operations provide core and payment processing services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.

Contact
601 Riverside Avenue
Jacksonville, FL, 32204
T +1 904 438-6000
Sector Technology
Industry Information Technology Services
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Slow Growth
Employees 65,000

Fidelity National Information Services Inc's Related Articles & News