Fidelity National Information Services Inc (FIS): Today's Featured Diversified Services Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Fidelity National Information Services
(
) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Fidelity National Information Services fell $1.22 (-2.8%) to $43.06 on heavy volume. Throughout the day, 2,592,802 shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of 1,587,400 shares. The stock ranged in price between $42.82-$44.55 after having opened the day at $44.50 as compared to the previous trading day's close of $44.28. Other companies within the Diversified Services industry that declined today were:
(
), down 23.7%,
(
), down 8.2%,
(
), down 8.2% and
(
), down 8.0%.
Fidelity National Information Services, Inc. provides banking and payments technology solutions worldwide. The company offers financial institution core processing, card issuer, and transaction processing services, including the national electronic funds transfer network. Fidelity National Information Services has a market cap of $13.0 billion and is part of the technology sector. Shares are up 27.2% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Fidelity National Information Services a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Fidelity National Information Services
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, increase in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Fidelity National Information Services Ratings Report.
On the positive front,
(
), up 16.5%,
(
), up 10.6%,
(
), up 8.7% and
(
), up 7.3% , were all gainers within the diversified services industry with
(
) being today's featured diversified services industry leader.
- Use our diversified services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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