Latest news with #FidelityNationalInformationServices
Yahoo
3 days ago
- Business
- Yahoo
What to Expect From Fidelity National's Earnings Report
With a market cap of $41.3 billion, Fidelity National Information Services, Inc. (FIS) is a global leader in financial technology solutions. The Florida-based company serves financial institutions, businesses, and developers through its three main segments: Banking Solutions, Capital Market Solutions, and Corporate and Other. The company is set to report its Q2 earnings on Tuesday, Aug. 5. Ahead of the event, analysts expect FIS to report an EPS of $1.36 per share, flat from the figure reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is impressive. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect FIS to report an EPS of $5.74, up 10% from $5.22 in fiscal 2024. Moreover, in fiscal 2026, its EPS is expected to grow 8.7% year-over-year to $6.24. Over the past year, FIS shares have surged 3.2%, underperforming the S&P 500 Index's ($SPX) 10.5% gains and the Technology Select Sector SPDR Fund's (XLK) 10.8% rise over the same time frame. On May 6, FIS shares dropped 3.1% after the company reported its first-quarter earnings. The company posted an adjusted EPS of $1.21, surpassing analyst expectations and marking an 11% year-over-year increase. Revenue rose 4% to $2.5 billion, supported by robust growth across its business segments. Additionally, FIS returned $670 million to shareholders during the quarter, including $450 million through share repurchases and $220 million in dividends. Moreover, analysts remain moderately bullish about FIS' stock's future prospects, with a "Moderate Buy" rating overall. Among 28 analysts covering the stock, 14 recommend a 'Strong Buy,' three suggest a 'Moderate Buy,' 10 recommend a 'Hold,' and one suggests a 'Strong Sell.' FIS' mean price of $88.62 implies a premium of 11.7% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Fidelity (FIS) Partners with Letskipp to Market Non-Sufficient Funds Authorization Solution
On May 21, Fidelity National Information Services, Inc. (NYSE:FIS) announced a strategic partnership with Letskipp Ltd. to introduce an innovative non-sufficient funds (NSF) authorization solution for its debit clients. A businessman at a smart POS terminal, demonstrating contactless payment methods. Fidelity National Information Services, Inc. (NYSE:FIS) is a leading international financial technology company providing a range of services for financial institutions, businesses, and developers. Letskipp Ltd. operates a platform facilitating collaboration between card issuers and merchants. Together, the two companies aim to solve the 'insufficient funds' issue, which is a leading cause of card declines at the point of sale. The partnership will introduce the first-ever non-sufficient funds (NFS) authorization, which will allow issuers to approve transactions even when the customer's available balance is insufficient, without charging overdraft fees to consumers. Merchants can choose to voluntarily pay a premium to authorize these NSF transactions. This not only removes friction from the payment process but also creates a new revenue stream for issuers. Jim Johnson, co-president, Banking Solutions, at Fidelity National Information Services, Inc. (NYSE:FIS) said: 'As money moves between merchants, companies, financial institutions and card issuers, every transfer should be timely and seamless. This partnership underscores FIS's commitment to helping our clients unlock new revenue streams and deliver smooth payment experiences.' While we acknowledge the potential of FIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FIS and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None
Yahoo
21-05-2025
- Business
- Yahoo
Fidelity (FIS) Partners with Letskipp to Market Non-Sufficient Funds Authorization Solution
On May 21, Fidelity National Information Services, Inc. (NYSE:FIS) announced a strategic partnership with Letskipp Ltd. to introduce an innovative non-sufficient funds (NSF) authorization solution for its debit clients. A businessman at a smart POS terminal, demonstrating contactless payment methods. Fidelity National Information Services, Inc. (NYSE:FIS) is a leading international financial technology company providing a range of services for financial institutions, businesses, and developers. Letskipp Ltd. operates a platform facilitating collaboration between card issuers and merchants. Together, the two companies aim to solve the 'insufficient funds' issue, which is a leading cause of card declines at the point of sale. The partnership will introduce the first-ever non-sufficient funds (NFS) authorization, which will allow issuers to approve transactions even when the customer's available balance is insufficient, without charging overdraft fees to consumers. Merchants can choose to voluntarily pay a premium to authorize these NSF transactions. This not only removes friction from the payment process but also creates a new revenue stream for issuers. Jim Johnson, co-president, Banking Solutions, at Fidelity National Information Services, Inc. (NYSE:FIS) said: 'As money moves between merchants, companies, financial institutions and card issuers, every transfer should be timely and seamless. This partnership underscores FIS's commitment to helping our clients unlock new revenue streams and deliver smooth payment experiences.' While we acknowledge the potential of FIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FIS and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
15-05-2025
- Business
- CNBC
Seth Klarman's hedge fund Baupost adds a handful of value stocks, including a fintech name
Baupost Group's Seth Klarman took stakes in several underperforming stocks in the first quarter, including fintech name Fidelity National Information Services , according to a new regulatory filing with the SEC. The Boston-based hedge fund manager, who oversees roughly $28 billion in assets , built a $261 million stake in the financial services company in the first three months of 2025, making it his fifth largest holding. It could be a classic value play as Fidelity National fell 7.5% in the first quarter. The stock has since recovered some and was recently down 3% on the year. Baupost also added a $107 million stake in health insurance provider Elevance Health as well as a $71 million bet on Irish healthcare name Icon Plc in the first quarter. Elevance shares are down more than 1% in 2025, while Icon's stock has tumbled nearly 38%. Klarman, a follower of Benjamin Graham 's value investing style, has drawn comparisons to Warren Buffett for his patient, disciplined approach, leading some to dub him "The Oracle of Boston." The 67-year-old Harvard and Cornell grad published his now out-of-print investment guide, "Margin of Safety," in 1991. The book now sells for thousands of dollars online. As growth stocks and technology shares continue to lead the stock market even after a decade of outperformance, value investors like Klarman have struggled with underperformance in recent years. Baupost gained only about 4% a year since 2014, while investors have pulled roughly $7 billion from the hedge fund in the past three years, according to Bloomberg News. Baupost's top holdings at the end of March included John Malone's media conglomerate Liberty Global , Willis Towers Watson and Wesco International .
Yahoo
10-05-2025
- Business
- Yahoo
Fidelity National Information Services, Inc. (FIS): Among Billionaire Mason Hawkins' Mid-Cap Stocks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Fidelity National Information Services, Inc. (NYSE:FIS) stands against other billionaire Mason Hawkins' mid-cap stocks with huge upside potential. Billionaire Mason Hawkins is the founder and chairperson of Southeastern Asset Management. We recently covered Billionaire Mason Hawkins' 10 Small-Cap Stocks with Huge Upside Potential, discussing his value investment strategy. Here's a piece from the article: 'Value investment is an investment strategy that employs buying stocks of well-managed and quality companies at prices significantly below their intrinsic value. The core of Hawkins' strategy is to purchase equities when their market price is no more than 60% of the firm's appraisal of their intrinsic value. Value investors believe that the market overreacts to economic news, which leads to movement in stock prices, however, this news does not affect the long-term fundamentals of a company. Therefore, investors like Mason Hawkins do not follow the herd and use financial research and analysis to find quality companies. Value investors are also known for holding companies for the long term, but also actively ferret out stock that the market is underestimating. Mason Hawkins is one of the key figures for value investment literature. He has been a keynote speaker for the Value Investment Conference at the Ben Graham Centre for Value Investing, where he discussed how a company has to be fit both qualitatively and quantitatively. Hawkins noted that Benjamin Graham, who is known as the father of value investing, talked about all great investments being a qualitative and quantitative fit, the quantitative nature being judged by the Price to Value ratio, whereas qualitative health being judged by the competitiveness of the business and the quality of your partner. He further explained that investors should look at businesses that are likely to get better with time, not vice versa. Moreover, on the management side, investors should look at the partners that are running the company and their ability to generate free cash flow and reinvest it very intelligently. Hawkins also has a famous quote related to Graham's strategy, which has been cited in a renowned book, The Art of Value Investing: How the World's Best Investors Beat the Market by John Heins and Whitney Tilson. 'Our view is simply that superior long‐term investment performance can be achieved when financially strong, competitively entrenched, well‐managed companies are bought at prices significantly below their business value and sold when they approach that corporate worth. The quantitative piece of that is that we only want to buy when we can pay less than 60 percent of a conservative appraisal of a company's value, based on the present value of future free cash flows, current liquidation value and/or comparable sales.' This qualitative and quantitative value investment strategy is reflected in Southeastern Asset Management's strategies. The fund has a concentrated stock portfolio of only 40 to 50 companies. Let's now take a look at stocks with huge upside potential from Billionaire Mason Hawkins' portfolio. To compile the list of billionaire Mason Hawkins' 10 mid-cap stocks with huge upside potential, we sifted through 13F filings of Southeastern Asset Management, from Insider Monkey. From these filings, we checked each stock's upside potential from CNN and ranked the stocks in ascending order of the upside potential. We have also added the stake Southeastern Asset Management holds in each company and the hedge fund sentiment around each stock. Please note that the data was recorded on May 4, 2025. Also note that for this article, we have defined mid-cap companies as those with a market capitalization between $10 billion to $55 billion. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A financial analyst monitoring the stock market, with multiple screens of varying sizes and colors. Fidelity National Information Services, Inc. (NYSE:FIS) is an international financial technology company that provides a range of services to financial institutions, businesses, merchants, and developers. It operates through three segments, namely Banking, Capital Market Solutions, and Merchant Solutions. On April 17, the company announced two major transactions to reshape its business and strengthen its position as a global fintech leader. Firstly, Fidelity National Information Services, Inc. (NYSE:FIS) announced acquiring a 100% stake in Global Payments' Issuer Solutions business, and secondly, it announced the sale of its Worldpay stake to fund the acquisition. Management noted that it will integrate Issuer Solutions' credit processing with its own debit, loyalty, and network services. The announcement was taken positively by analysts as the stock was upgraded to Outperform by Oppenheimer with a price target of $94. Fidelity National Information Services, Inc. (NYSE:FIS) is one of billionaire Mason Hawkins' 10 mid-cap stocks with huge upside potential. Longleaf Partners Fund stated the following regarding Fidelity National Information Services, Inc. (NYSE:FIS) in its Q4 2024 investor letter: 'Fidelity National Information Services, Inc. (NYSE:FIS) – Technology solutions provider for financial institutions FIS was a top contributor for the year. We first started buying this company in 2023 when its bank customers were going through stock market turmoil following the failure of Silicon Valley Bank. As we have written previously, we have seen how resilient the financial technology industry tends to be, even through crises, and FIS has demonstrated this once again with the company's core bank software business reporting solid growth this year. CEO Stephanie Ferris is proving to be a great partner since she was elevated to the role with FIS making notable strides this year. FIS monetized a non-core business this year at an attractive valuation and used the proceeds to repurchase 10% of its outstanding shares. These actions led to strong double-digit value per share growth in 2024. FIS is a stable company that is on offense yet still trading at a reasonable multiple of FCF – an increasingly rare attribute in today's market.' Overall, FIS ranks 7th on our list of billionaire Mason Hawkins' mid-cap stocks with huge upside potential. While we acknowledge the potential of FIS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FIS but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
