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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Fidelity National Information Services ( FIS) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 1.1%. By the end of trading, Fidelity National Information Services rose 38 cents (1.1%) to $33.52 on average volume. Throughout the day, 1.9 million shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $33.15-$33.73 after having opened the day at $33.30 as compared to the previous trading day's close of $33.14. Other companies within the Diversified Services industry that increased today were: Grand Canyon Education ( LOPE), up 13.1%, Industrial Services of America ( IDSA), up 11.1%, ICF International ( ICFI), up 9.4%, and WidePoint Corporation ( WYY), up 9.1%.
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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 $9.68 billion and is part of the services sector. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7. Shares are up 23.6% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Fidelity National Information Services a buy, no analysts rate it a sell, and seven 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, China HGS Real Estate ( HGSH), down 17%, PDI ( PDII), down 15.3%, Cardtronics ( CATM), down 11.2%, and ExlService Holdings ( EXLS), down 10.9%, were all laggards within the diversified services industry with United Rentals ( URI) being today's diversified services industry laggard.

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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