Fidelity National Information Services Inc (FIS): Today's Featured Diversified Services Laggard

Fidelity National Information Services ( FIS) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Fidelity National Information Services fell 34 cents (-1.1%) to $31.67 on average volume. Throughout the day, 1.2 million shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $31.63-$32.03 after having opened the day at $32.01 as compared to the previous trading day's close of $32.01. Other company's within the Diversified Services industry that declined today were: American Learning ( ALRN), down 17.7%, Dice Holdings Incorporated ( DHX), down 12.6%, CBIZ ( CBZ), down 9.9%, and CIBT Education Group ( MBA), down 9.1%.

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 NYCE Network. Fidelity National Information Services has a market cap of $9.43 billion and is part of the services sector. The company has a P/E ratio of 19.4, below the average diversified services industry P/E ratio of 19.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 20.4% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Fidelity National Information Services a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Fidelity National Information Services as a buy. 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, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, DLH Holdings ( DLHC), up 18.4%, Daegis ( DAEG), up 15.5%, Fortune Industries ( FFI), up 13.3%, and Barrett Business Services ( BBSI), up 10.1%, were all gainers within the diversified services industry with Accenture ( ACN) being today's featured diversified services industry leader.

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 ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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