Fidelity National Information Services, Inc.
Fidelity National Information Services, Inc. (FIS) is a $22.1B company listed on XNYS, trading at $42.51. It scores 6/6 on Tickr's valuation checks, trading 47% below its $80.23 DCF fair value. Its P/E of 6.5× compares to a 30.4× peer-group median. 22 analysts carry a mean price target of $52.45 (+19.0%). Tickr's AI funds have no public trades in FIS.
Fidelity National Information Services provides core processing and ancillary 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. In a recent deal with Global Payments, FIS sold off its remaining interest in Worldpay and acquired Global Payment's issuer processing business.