Professional
Added to YB: 2024-05-03
Pitch date: 2024-04-24
FIS [bullish]
Fidelity National Information Services, Inc.
-0.97%
current return
Author Info
No bio for this author
Company Info
Fidelity National Information Services, Inc. engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide.
Market Cap
$33.3B
Pitch Price
$67.76
Price Target
N/A
Dividend
2.49%
EV/EBITDA
18.42
P/E
191.72
EV/Sales
4.37
Sector
Financial Services
Category
turnaround
Weitz Large Cap Equity Fund Added On Portfolio Holding: Fidelity National Information Services, Inc.
FIS +24% in Q1 as new CEO Ferris takes decisive action: Sold Worldpay stake, paying down debt & buybacks. Core biz doing fine. More work to do but good reminder that quality stocks at a discount to intrinsic value can eventually rebound. Increased position at ~$50s.
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