Fidelity National Information Services Inc. (FIS:NYSE)
Snapshot of Fidelity National Information Services Inc. (FIS)
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OPEN
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PREVIOUS CLOSE
$22.73
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
09/25/09 - $26.00
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52 WEEK LOW
11/21/08 - $11.15
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MARKET CAP
8.5B
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AVERAGE VOLUME 3 mo
3.0M
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DILUTED EPS TTM
$1.10
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SHARES OUTSTANDING
372.5M
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EX-DATE
12/14/09
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P/E TTM
20.7x
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DIVIDEND
$0.20
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DIVIDEND YIELD
0.88%
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FIS Details
Fidelity National Information Services, Inc. provides technology solutions, processing services, and information-based services to the financial services industry. Financial Solutions segment provides processing services, including core processing software applications used to maintain the banks’ customer accounts; retail delivery applications integrating back-office processes; decision solutions; applications for syndicated commercial loan origination and management; applications that assist institutions in evaluating automotive loan applications and credit risk, and managing loan and lease portfolios; commercial technology solutions ranging from consulting and application development to information technology infrastructures management; outsourcing and customer services; and risk management services to assess and detect fraud risk for deposit transactions, as well as branch automation, back office support systems, and compliance support. Payment Solutions segment offers payment processing and risk management services, including debit and electronic funds transfer, electronic banking and bill payment services, merchant processing services, item processing services, credit card services, check authorization system, and prepaid card services comprising gift cards and reloadable cards. International segment provides financial and payment processing software and services, including outsourced card issuer services and customer support, item processing, and retail point-of-sale check authorization services; and outsourced core bank processing arrangements, application management, software licensing and maintenance, facilities management, and consulting services. The company serves the U.S. banks, credit unions, automotive financial companies, commercial lenders, independent community and savings institutions, retailers, and financial institutions. Fidelity National Information Services is headquartered in Jacksonville, Florida.
FIS Top Compensated Officers
Key developments for Fidelity National Information Services Inc. (FIS)
Luottokunta has gone live with the Fidelity National Information Services Inc.'s IST/Merchant Accounting & Settlement solution. In addition to FIS IST/Merchant Accounting & Settlement, Luottokunta also utilizes FIS IST/Clearing and FIS IST/Switch. FIS claims that its IST/Merchant Accounting & Settlement enables integration of payment transaction processing with back office accounting and general ledger systems, while FIS IST/Clearing ensures that authorized payments are credited to merchant accounts, and cardholder accounts are debited accordingly. FIS IST/Switch is an open systems payment engine that handles payment authorization processing.
Fidelity National Information Services Inc. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).
Fidelity National Information Services Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net earnings attributable to company of $67.6 million or $0.35 per common diluted share on processing and service revenues of $850.7 million compared to net earnings attributable to company of $43.6 million or $0.23 per common diluted share on processing and service revenues of $884.0 million in the same period of previous year. Operating income was $135.7 million against $119.8 million in the same period of last year. Earnings from continuing operations before income taxes were $105.3 million against $73.0 million in the same period of last year. Net earnings from continuing operations was $69.0 million or $0.35 per diluted common share compared to net earnings from continuing operations of $46.0 million or $0.23 per diluted common share in the same period of previous year. EBIT, as adjusted was $141.0 million against $122.9 million in the same period of last year. EBITDA, as adjusted was $235.3 million against $222.8 million in the same period of last year. Net cash provided by operating activities was $179.7 million, capital expenditure was $49.4 million. Adjusted net cash provided by operating activities was $182.2 million, adjusted capital expenditure was $49.4 million. Free cash flow was $130.3 million and adjusted free cash flow was $132.8 million. For the nine months ended September 30, 2009, the company reported net earnings attributable to company of $159.8 million or $0.84 per common diluted share on processing and service revenues of $2,483.3 million compared to net earnings attributable to company of $186.0 million or $0.97 per common diluted share on processing and service revenues of $2,584.0 million in the same period of previous year. Operating income was $335.0 million against $228.9 million in the same period of last year. Earnings from continuing operations before income taxes were $248.8 million against $104.1 million in the same period of last year. Net earnings from continuing operations was $163.0 million or $0.84 per diluted common share compared to net earnings from continuing operations of $70.3 million or $0.35 per diluted common share in the same period of previous year. Net cash provided by operating activities was $505.0 million against $398.7 million in the same period of last year. Additions to property and equipment were $34.5 million against $57.1 million in the same period of last year. EBIT, as adjusted was $349.8 million against $302.6 million in the same period of last year. EBITDA, as adjusted was $628.2 million against $600.8 million in the same period of last year. Adjusted net cash provided by operating activities was $516.7 million, adjusted capital expenditure was $145.6 million. Free cash flow was $359.4 million and adjusted free cash flow was $371.1 million.
BusinessWeek Rankings
Stock Quotes
| Recently Viewed | |||
| FIS | $22.73 USD | 0.00 | |
|---|---|---|---|
| 2357Q (DE) | €6.75 EUR | 0.00 | |
| MICC | $74.92 USD | 0.00 | |
| INFY | $51.23 USD | 0.00 | |
| 2498Q (DE) | €28.71 EUR | -0.29 | |
Market data is delayed at least 20 minutes.
FIS Competitors
| Company | Last | Change |
| Convergys Corp | $11.45 USD | +0.01 |
| Fiserv Inc | $47.25 USD | -0.51 |
| Hewitt Associates | $40.69 USD | -0.16 |
| Intuit Inc | $29.66 USD | -0.61 |
| Iron Mountain Inc | $24.33 USD | -0.12 |
| View Industry Companies | ||
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | FIS | Industry Range |
| Price/Earnings | 20.6x |
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| Price/Sales | 1.3x |
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| Price/Book | 1.1x |
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| Price/Cash Flow | 44.9x |
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| TEV/Sales | 1.8x |
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FIS |
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FIS transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
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