Monday, January 9, 2017

Keep in touch with dividend stock: Fidelity National Information Services, Inc. (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) share price jumped at US$ 79.02 before falling back to end the trade at US$ 78.89 a share. The dividend stock is -2.74% off a 52-week high stock price of US$ 81.67 but is up 45.25% since hitting the US$ 55.11. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 54.48.

After a 1.08% rise from previous close of US$ 78.05, Fidelity National Information Services, Inc. (FIS) has a US$ 26.36 Billion market cap. The company pays a US$ 0.26-cent-per-share quarterly dividend, giving it a 1.32% yield. That brings its full year payout to US$ 1.04 and 71% annual payout ratio based on EPS. According to FT, Year on year, growth in dividends per share increased 8.33% while earnings per share excluding extraordinary items fell by -7.49%. The positive trend in dividend payments is noteworthy since only some companies in the Consumer Financial Services industry pay a dividend. Additionally when measured on a five year annualized basis, dividend per share growth is above the industry average relative to its peers, while earnings per share growth is in-line with the industry average.

The FIS has soared 4.3% year-to-date. The equity has gained steam in recent weeks, with shares up about 1.13% in the past three months. It added 2.45%, climbed 4.84% and jumped 4.48% in the week, one month and six months, respectively. Revenue growth rate was recorded at 5.1% and net income per share was seen moving at a 12.3% rate in the past five years.

Fidelity National Information Services, Inc. (NYSE:FIS) is over 11% above analysts’ consensus price target of US$ 89.16. The stock has blown through analysts’ low price target of US$ 64, but is still below the high US$ 98 target. On a price appreciation basis over the past 12 months, the stock returned 35.24%.

Financial Times data shows, In 2015, Fidelity National Information Services Inc reported a dividend of 1.04 USD, which represents a 8.33% increase over last year. The 7 analysts covering the company expect dividends of 1.02 USD for the upcoming fiscal year, a decrease of 1.92%. The most recent short interest data show 1.41% of the company’s stock are short sold. It would take about 2.62 days to cover all short positions. In terms of volatility, it has a beta coefficient of 0.85 and technical analysis volatility indicator called Average True Range or ATR around 1.16.

Fidelity National Information Services, Inc. (NYSE:FIS) closed 6.43% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 3.68% above another chart threshold, its 50-day moving average and 3.38% above its 20-day simple moving average.

Keep in touch with dividend stock: Fidelity National Information Services, Inc. (NYSE:FIS)

No comments:

Post a Comment