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

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 lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Fidelity National Information Services fell 48 cents (-1.4%) to $35 on heavy volume. Throughout the day, 6.7 million shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $34.92-$35.77 after having opened the day at $35.69 as compared to the previous trading day's close of $35.48. Other companies within the Diversified Services industry that declined today were: National American University Holdings ( NAUH), down 6.3%, Cinedigm Digital Cinema ( CIDM), down 5.7%, R.R. Donnelley & Sons Company ( RRD), down 5.6%, and EnviroStar ( EVI), down 5.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $10.42 billion and is part of the services sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 33.7% year to date as of the close of trading on Friday. 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 expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Xueda Education Group ( XUE), up 30.3%, Pointer Telocation ( PNTR), up 11.6%, ATA ( ATAI), up 11.4%, and Cambium Learning Group ( ABCD), up 8.4%, were all gainers within the diversified services industry with Visa ( V) 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).

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

Cramer: These Sectors Look Bullish (Part III)

Cramer: There Are Powerful Themes in Several Bull Markets

Analysts' Actions -- Anadarko, FireEye, Bristol-Myers, Twilio and More

Now, When E.F. Hutton Talks, Your iPhone Can Do the Listening

Analysts' Actions -- Fidelity, PNC Financial, Twitter, UPS and More