Professional
Added to YB: 2024-05-03
Pitch date: 2024-04-24
FIS [bullish]
Fidelity National Information Services, Inc.
-44.98%
current return
Author Info
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Company Info
Fidelity National Information Services, Inc. provides solutions to financial institutions, businesses, and developers worldwide.
Market Cap
$18.4B
Pitch Price
$65.67
Price Target
N/A
Dividend
4.94%
EV/EBITDA
6.50
P/E
5.48
EV/Sales
3.19
Sector
Financial Services
Category
turnaround
Show full summary:
Weitz Large Cap Equity Fund Added On Portfolio Holding: Fidelity National Information Services, Inc.
FIS +24% in Q1 as new CEO Ferris takes decisive action: Sold Worldpay stake, paying down debt & buybacks. Core biz doing fine. More work to do but good reminder that quality stocks at a discount to intrinsic value can eventually rebound. Increased position at ~$50s.
Read full article (1 min)