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 0.4%. By the end of trading, Fidelity National Information Services fell 60 cents (-1.6%) to $37.70 on average volume. Throughout the day, 2.4 million shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $37.61-$38.26 after having opened the day at $37.94 as compared to the previous trading day's close of $38.30. Other companies within the Diversified Services industry that declined today were: Ambow Education ( AMBO), down 16.1%, Rainmaker Systems ( RMKR), down 15.4%, CIBT Education Group ( MBA), down 9.9%, and Lime Energy ( LIME), down 8.8%.
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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 national electronic funds transfer network. Fidelity National Information Services has a market cap of $11.36 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 10% 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 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, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Fortune Industries ( FFI), up 145%, Swisher Hygiene ( SWSH), up 11.8%, SuperMedia ( SPMD), up 10.7%, and China HGS Real Estate ( HGSH), up 9.1%, were all gainers within the diversified services industry with DeVry ( DV) 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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