Investors should always be aware of their current positioning in the market cycle, especially when considering fintech stocks to sell. AI greatly propelled market expansion, so much so that just 10 top stocks in the S&P 500 make up 34% of the index, breaking the previous market concentration record all the way back in the 1920s.This leaves investors wondering if the market is past the peak point heading for contraction. Gauging the Wilshire 5000 to GDP ratio, as the total value of all publicly traded stocks ...

Images By Tang Ming Tung Fidelity National Information Services (NYSE:FIS) has gone back to its past, having sold a controlling stake in the Worldpay merchant services business to a private equity buyer, FIS is once again focused on its long-time core businesses of providing outsourced processing, payment, and tech solutions to banking and investment clients. It's a business that has performed well for FIS in the past and where it still holds strong share. Better still, it's a business where competitive pre ...

Fidelity National Information Services, Inc. (FIS) is expected to benefit on the back of its Future Forward initiative, cross-selling efforts, vertical expansion, and margin expansion. The growing global e-commerce market holds tremendous opportunity for the company.Fidelity National — with a market cap of $41.9 billion — provides banking and payments technology solutions, processing services, and information-based services to the financial services industry. Courtesy of solid prospects, this stock is worth ...

A month has gone by since the last earnings report for Fidelity National Information Services (FIS) . Shares have added about 2.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Fidelity National due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Fidelity National B ...

Fidelity National Information Services, Inc. (FIS) recently announced the launch of FIS Digital One Flex Mobile 6.0, an upgraded version of its mobile banking application for its financial institution customers. This move is aimed at catering to the growing demand for mobile banking services for customer interactions with the bank.Per American Bankers Association, almost 50% of users in the United States use mobile applications for banking. Gen Z and Millennial customers are at the forefront of driving this ...

Fidelity National Information Services, Inc. (FIS) is well-poised to grow on the back of its Future Forward initiative, cross-selling efforts, vertical expansion and margin expansion. Thegrowing global e-commerce market holds tremendous opportunity for the company.Fidelity National — with a market cap of $42.5 billion — provides banking and payments technology solutions, processing services and information-based services to the financial services industry. Courtesy of solid prospects, this stock is worth in ...

Shares of fintech firm Fidelity National Information Services Inc (NYSE:FIS) are trading at their highest level since February 2023 following a post-earnings gap higher on the charts. The equity also reclaimed support from its 50-day moving average after earnings, though the $76 level kept a lid on further gains. However, a "buy" signal is flashing that could keep the wind at the stock's back.  Specifically, FIS' Schaeffer's Volatility Index (SVI) of 22% is higher than just 4% of the other readings from the ...

Fidelity National Information Services, Inc. (FIS) shares gained 5.5% since it reported first-quarter 2024 results on May 6, 2024. Upward revision in adjusted earnings per share (EPS) guidance, along with favorable EBITDA margin expansion, might have buoyed investor confidence in the stock. The first-quarter earnings benefited from strong recurring revenue growth in both the segments and strong new sales growth. However, negative professional services revenue growth in both segments and a less favorable rev ...

Fidelity National Information Services (FIS) reported $2.47 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 29.7%. EPS of $1.10 for the same period compares to $1.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.45 billion, representing a surprise of +0.85%. The company delivered an EPS surprise of +14.58%, with the consensus EPS estimate being $0.96.While investors closely watch year-over-year changes in headline numbers -- reve ...

Exhibit 99.1 News Release FIS Reports Strong First Quarter 2024 Results and Increases Full-Year Adjusted EPS Outlook • First quarter GAAP Diluted Earnings (Loss) Per Share for continuing operations of $0.03 and Adjusted EPS of $1.10 • Including discontinued operations, first quarter GAAP Diluted Earnings (Loss) Per Share of $1.25 and Adjusted EPS of $1.33 • Continuing operations revenue increased 3% on a GAAP basis and 3% on an adjusted basis to $2.5 billion • Continuing operations adjusted EBITDA margin ex ...