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FIS $88.88

FIS target price
88.88
0
167
FIS
Type
Public
Traded as NYSE: FIS
S&P 500 Component
Industry Financial Sector
Founded 1968; 49 years ago (1968)
Headquarters Jacksonville, Florida, U.S.
Key people
Frank Martire
(Executive Chairman)
Gary A. Norcross
(President & CEO)
Products Banking Technology, Payment Technology, Processing Services, Information Based services
Revenue Increase$9.2 billion USD (2016)
Operating income
Decrease$1.064 1,076.3 billion USD (2013)
Net income
Decrease$825.0 million USD (2013)
Number of employees
56,000
Website www.fisglobal.com

Fidelity National Information Services Inc., better known by the abbreviation FIS, is an international provider of financial services technology and outsourcing services. Headquartered in Jacksonville, Florida, FIS employs more than 55,000 people worldwide. FIS provides payment processing and banking software, services and outsourcing of the associated technology. FIS has over 20,000 clients in more than 130 countries. FIS is 301 on the Fortune 500 and is a member of Standard & Poor’s 500 Index. Although the company retains the word "National" in its name, its stock is now traded under the ticker FIS, and this is also the preferred abbreviation. FIS was ranked the #1 Financial Technology company on the FinTech100 in 2013 and 2014.

FIS has a large portfolio of products for the financial services sector, including both retail and investment banking.

They include "Profile" - a banking application based on the open source GT.M—a transaction processing database engine maintained by FIS.

Throughout its history FIS has made many significant acquisitions

On July 3, 2007, Certegy Check Services, part of FIS, announced that a worker at one of its subsidiaries stole 2.3 million consumer records containing credit card, bank account, and other personal information. This estimate was later increased to 8.5 million consumer records. The next month, a law firm filed a class-action lawsuit against CCS and parent company FIS based on the privacy breach; the firm claims that, since CCS provides check-verification services to many major U.S. stores, "consumers do not choose to use the services of these companies but rather are forced to do so".

In August 2011, Florida based eFunds Prepaid Solutions, part of FIS, was the victim of a sophisticated cyberattack that saw hackers steal $13 million from ATMs using 22 stolen prepaid cards belonging to a single client of FIS.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2022 2023-02-14 Future report Set alerts
Q3 2022 2022-11-03 1.74 1.74
Q2 2022 2022-08-03 1.73 1.73
Q1 2022 2022-05-03 1.47 1.47
Q4 2021 2022-02-15 1.92 1.92
Q3 2021 2021-11-04 1.73 1.73
Q2 2021 2021-08-03 1.61 1.61
Q1 2021 2021-05-06 1.30 1.30
Q4 2020 2021-02-09 1.62 1.62
Q3 2020 2020-10-29 1.42 1.42

Ratings

2016-07-11 Boost Price Target Monness Crespi & Hardt Buy $76.00 to $84.00
2016-05-26 Upgrade Sterne Agee CRT Neutral to Buy $85.00
2016-05-16 Reiterated Rating Robert W. Baird Buy
2016-05-11 Upgrade Sterne Agee CRT Neutral to Buy $85.00
2016-05-09 Upgrade Jefferies Group Hold to Buy $72.00 to $84.00
2016-05-04 Boost Price Target RBC Capital Outperform $78.00 to $80.00
2016-05-04 Boost Price Target Compass Point Buy $72.00 to $78.00
2016-05-04 Upgrade Goldman Sachs Buy to Conviction-Buy
2016-05-04 Boost Price Target Royal Bank Of Canada Outperform $78.00 to $80.00
2016-05-04 Upgrade Goldman Sachs Group Inc. Buy to Conviction-Buy
2016-04-15 Initiated Coverage Compass Point Buy $72.00
2016-04-12 Lower Price Target Jefferies Group Hold $72.00
2016-04-11 Reiterated Rating Oppenheimer Buy $80.00
2016-04-11 Reiterated Rating Oppenheimer Holdings Inc. Buy $80.00
2016-04-01 Upgrade Goldman Sachs Neutral to Buy $68.00 to $76.00
2016-03-20 Reiterated Rating Avondale Partners Buy $75.00
2016-03-15 Reiterated Rating Deutsche Bank Hold $66.00
2016-03-15 Reiterated Rating Deutsche Bank AG Hold $66.00
2016-02-11 Reiterated Rating Oppenheimer Outperform $80.00
2016-02-10 Lower Price Target JPMorgan Chase & Co. Overweight $75.00 to $73.00
2016-02-10 Lower Price Target Deutsche Bank Hold $72.00 to $66.00
2016-02-03 Lower Price Target JPMorgan Chase & Co. Overweight $78.00 to $75.00
2016-01-12 Upgrade Wells Fargo Market Perform to Outperform
2016-01-12 Upgrade Wells Fargo & Co. Market Perform to Outperform
2016-01-11 Initiated Coverage Citigroup Inc. Buy $68.00
2016-01-05 Lower Price Target Evercore ISI Buy $79.00
2015-12-17 Initiated Coverage Sterne Agee CRT Neutral $70.00
2015-12-10 Initiated Coverage Credit Suisse Neutral $73.00
2015-12-10 Initiated Coverage Credit Suisse Group AG Neutral $73.00
2015-12-02 Upgrade JPMorgan Chase & Co. Neutral to Overweight $70.00 to $78.00
2015-12-01 Reiterated Rating Goldman Sachs Neutral $70.00
2015-11-04 Lower Price Target Barclays Overweight $78.00
2015-11-04 Lower Price Target Barclays PLC Overweight $78.00
2015-10-05 Boost Price Target Monness Crespi & Hardt Buy $73.00 to $76.00
2015-09-30 Initiated Coverage Cowen and Company Outperform $80.00
2015-09-11 Boost Price Target SunTrust Buy $72.00 to $85.00
2015-09-11 Boost Price Target SunTrust Banks Inc. Buy $72.00 to $85.00
2015-08-26 Upgrade RBC Capital Sector Perform to Outperform $78.00
2015-08-20 Boost Price Target RBC Capital Sector Perform $68.00 to $78.00
2015-08-17 Upgrade Avondale Partners Market Perform to Outperform $80.00
2015-08-14 Reiterated Rating JPMorgan Chase & Co. Neutral $63.00 to $70.00
2015-08-13 Boost Price Target Oppenheimer Outperform $70.00 to $80.00
2015-08-07 Reiterated Rating Oppenheimer Buy $70.00
2015-06-11 Upgrade Robert W. Baird Neutral to Outperform $68.00 to $70.00
2015-05-06 Reiterated Rating Oppenheimer Outperform $70.00
2015-05-01 Lower Price Target Barclays Overweight $71.00 to $70.00
2015-04-13 Lower Price Target Citigroup Inc. Buy $71.50 to $71.00
2015-04-10 Reiterated Rating Oppenheimer Outperform $77.00
2015-03-31 Boost Price Target Oppenheimer Outperform $72.00 to $77.00
2015-02-06 Reiterated Rating Deutsche Bank Hold $57.00 to $64.00
2015-01-26 Reiterated Rating Jefferies Group Hold $59.00 to $63.00
2015-01-14 Boost Price Target Citigroup Inc. Buy $69.25 to $71.50
2015-01-12 Boost Price Target Oppenheimer Outperform $62.00 to $72.00
2014-11-21 Boost Price Target Barclays Overweight $65.00 to $73.00
2014-11-21 Initiated Coverage Topeka Capital Markets Hold $61.00
2014-11-03 Reiterated Rating Jefferies Group Hold $56.00 to $59.00
2014-10-31 Reiterated Rating Credit Suisse Neutral $55.00 to $57.00
2014-10-15 Initiated Coverage BMO Capital Markets Market Perform $59.00
2014-10-07 Downgrade Avondale Partners Outperform to Market Perform $62.00 to $61.00
2014-09-29 Initiated Coverage Goldman Sachs Sell $54.00
2014-08-13 Reiterated Rating JPMorgan Chase & Co. Neutral $57.00 to $63.00
2014-08-06 Initiated Coverage Monness Crespi & Hardt Buy $73.00
2014-07-31 Boost Price Target RBC Capital $56.00 to $60.00
2014-07-15 Boost Price Target Credit Suisse $49.00 to $55.00
2014-07-07 Boost Price Target Citigroup Inc. Buy $61.00 to $63.00
2014-04-15 Upgrade Avondale Partners Market Perform to Outperform
2014-03-24 Boost Price Target Jefferies Group $47.00 to $56.00
2014-02-05 Boost Price Target Deutsche Bank Hold $50.00 to $57.00
2014-01-08 Boost Price Target Barclays Overweight $52.00 to $65.00
2014-01-03 Upgrade Janney Montgomery Scott Buy
2013-11-20 Boost Price Target Oppenheimer Outperform $53.00 to $57.00
2013-10-30 Boost Price Target SunTrust $52.00 to $57.00
2013-10-30 Boost Price Target Evercore ISI Overweight $53.00 to $56.00
2013-10-30 Reiterated Rating Oppenheimer Buy $53.00
2013-10-30 Boost Price Target Deutsche Bank Hold $44.00 to $50.00
2013-10-16 Reiterated Rating RBC Capital Hold $17.00
2013-10-16 Boost Price Target Oppenheimer Outperform $47.00 to $53.00
2013-09-18 Reiterated Rating RBC Capital Hold $17.00
2013-09-18 Boost Price Target Evercore ISI Overweight $47.00 to $53.00
2013-06-14 Downgrade Robert W. Baird Outperform to Neutral
2011-01-12 Upgrade Avondale Mkt Perform to Mkt Outperform $30 to $33
2010-04-12 Initiated Citigroup Buy
2010-02-05 Reiterated Kaufman Bros Hold $28 to $27
2010-01-08 Initiated Kaufman Bros Hold $28
2016-07-11 Boost Price Target Monness Crespi & Hardt Buy $76.00 to $84.00
2016-05-26 Upgrade Sterne Agee CRT Neutral to Buy $85.00
2016-05-16 Reiterated Rating Robert W. Baird Buy
2016-05-11 Upgrade Sterne Agee CRT Neutral to Buy $85.00
2016-05-09 Upgrade Jefferies Group Hold to Buy $72.00 to $84.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
WPM, L.P. 6.65%  (18993414) FIS /
Norcross Gary President and COO 0.11%  (306606) FIS /
FOLEY WILLIAM P II 0.07%  (205270) BKI / FIS / FNF / REMY /
Jabbour Anthony M Corporate Executive VP 0.06%  (182689) FIS /
Hayford Michael D Corporate EVP & CFO 0.04%  (116232) EIGI / FIS / NCR /
Heyvaert Paul Luc Robert Corporate EVP 0.04%  (111667) FIS /
MARTIRE FRANK R Chairman and CEO 0.03%  (95922) FIS /
Oates Michael P Corporate EVP, Human Resources 0.03%  (83616) FIS /
Brown Marianne Corporate EVP - COO 0.03%  (81169) FIS / NOC /
Massey Richard N 0.03%  (75441) BKI / BSF / FIS / FNF /
Gravelle Michael L EVP, Legal 0.03%  (75138) BKI / FIS / FNF / REMY /
Woodall James W. SVP, CAO and Controller 0.02%  (52617) FIS /
HAGERTY THOMAS M 0.01%  (41688) FBP / FIS / FLT / FNF / MGI /
LARSEN KIRK T SVP and Treasurer 0.01%  (38863) BKI / FIS /
JAMES STEPHAN A 0.01%  (29498) FIS / NCI /
HUGHES KEITH W 0.01%  (23545) FIS / PPC / TCRD /
HUNT DAVID K 0.01%  (19154) FIS /
Mayo Marc M CEVP, CLO & Corp Secretary 0.01%  (17614) FIS /
LOWTHERS BRUCE F JR CEVP, Chief Operating Officer 0.01%  (17446) FIS /
Smith Peter JS Corp Sr VP & CAO 0.01%  (16977) EVTC / FIS /