FIS

Fidelity National Information Services, Inc.

Finance/Real Estate


Presented:03/24/2020
Price:$119.16
Cap:$73.44B
Current Price:$89.05
Cap:$48.58B

Presented

Date03/24/2020
Price$119.16
Market Cap$73.44B
Ent Value$105.05B
P/E Ratio123.93x
Book Value$80.52
Div Yield1.17%
Shares O/S616.32M
Ave Daily Vol4,249,436
Short Int2.08%

Current

Price$89.05
Market Cap$48.58B
Fidelity National Information Services, Inc. engages in the business of technology, solutions and services for merchants, banks and capital markets businesses. It operates through the following segments: Merchant, Banking, and Capital Markets. The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept electronic payments, including credit, debit and prepaid payments originated at a physical point of sale as well as in card-not-present environments such as eCommerce and mobile. The Banking segment is focused on serving all sizes of financial institutions for core processing and ancillary applications solutions; digital solutions; fraud, risk management and compliance solutions; electronic funds transfer and network services; payment; wealth and retirement; item processing and output services solutions. The Capital Markets segment is focused on serving global financial services clients with array of buy- and sell-side solutions. The company was founded in 1968 and is headquartered in Jacksonville, FL.

Publicly traded companies mentioned herein: Fidelity National Information Services Inc (FIS), Fiserv Inc (FISV)

Highlights

The presenter is long shares of Fidelity National Information Services Inc (FIS), one of the largest providers of technologies and services to many large banks. In addition to viewing this as an indirect play on the big banks, he notes that the company’s strong management team has positioned FIS to benefit from a combination of stable, recurring revenue and a recent acquisition that provides a secular growth opportunity and synergies. At the current share price of ~$115, he finds the risk/reward setup for the remainder of 2020 attractive with upside to ~$150 and fundamentals-based downside to ~$105.

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Idea Discussion

Commentor 1 - 2 weeks ago

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