There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Fidelity National Information Services Inc. (FIS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.03, or -1.33%, to $76.56. Volume reached 238,785 shares, with price reaching a high of $76.8 and a low of $76.56. Earlier, Yahoo Finance discussed this stock as it revealed FIS Unveils Worldpay for Platforms, Enabling Software Providers to Transform SMB Commerce Experiences.
This NYSE-listed company operates within the Information Technology Services industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $76.80 and fluctuated between $78.74 as its day high and $75.85 as its day low. The current market capitalization of Fidelity National Information Services Inc. is $46.82B. A total of 5.59 million shares were traded on the day, compared to an average of 3.84M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, FIS has seen 2 BUY and 4 SELL insider trades, representing the acquisition of 23,913 and the disposition of 26,918 shares. Over the last 12 months, there were 47 BUYs and 44 SELLs from insiders. Insiders purchased 470,043 shares during that period but sold 357,422.
In the most recent transaction, Norcross Gary sold 39,403 shares of FIS for 93.20 per share on Sep 12. After the transaction, the Chairman and CEO now owns 846,643 company shares. In a previous transaction on Sep 09, Norcross Gary sold 80,000 shares at 90.89 per share. FIS shares that Chairman and CEO owns now total 846,643.
Among the insiders who sold shares, Norcross Gary disposed of 80,000 shares on Sep 08 at a per-share price of $89.72. This resulted in the Chairman and CEO holding 846,643 shares of FIS after the transaction. In another insider transaction, Woodall James W. sold 18,613 shares at $89.73 per share on Sep 08. Company shares held by the Corporate EVP – CFO now total 131,598.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Fidelity National Information Services Inc. pays an annual dividend of $1.88, resulting in a dividend yield of 2.45%, and it has a price to earnings (P/E) ratio of 55.77. FIS’s most recent ex-dividend date was 09/15/2022 when it declared a $0.47 quarterly dividend that was paid in cash on 09/30/2022. Previously, the company paid the dividend on 06/24/2022 with an ex-dividend date of 06/09/2022. The dividend was $0.47 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for FIS in the last 3 months, the mean price target is $116.49 with high estimates of $160.00 and low estimates of $88.00. In terms of 52-week highs and lows, FIS has a high of $126.20 and a low of $77.53.
As of this writing, FIS has an earnings estimate of $1.76 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $1.78 per share and a lower estimate of $1.74. The company reported an EPS of $1.73 in the last quarter, which was 1.76% higher than expectations of $1.7.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 36 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FIS is Sell with a score of 4.38. A total of 20 analysts rated the stock as Buy while 5 rated it as Overweight while 10 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.