Skip to Content

Fidelity National Information Services Inc FIS

Rating as of

Morningstar’s 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 Shows Signs of Recovery in Q1

Brett Horn, CFA Senior Equity Analyst

Analyst Note

| Brett Horn, CFA |

Like its peers, narrow-moat FIS reported first-quarter results that showed signs of recovery, although growth continues to be negatively affected by the pandemic. We expect this headwind to ease as the company moves through the year. We will maintain our $136 fair value estimate.

Read Full Analysis

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, 2021
Fiscal Year End Dec 31, 2020
Stock Type Speculative Growth
Employees 62,000

Related