Company Overview - Fidelity National Information Services, Inc. (FIS) provides banking and payments technology solutions, processing services, and information-based services to the financial services industry [11] - The company was formed following a merger with Certegy Inc. in 2006, which specialized in credit card and transaction processing services [11] Investment Ratings - FIS currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating a strong overall rating [12] - The Value Style Score for FIS is B, supported by a forward P/E ratio of 12.13, making it attractive for value investors [12] Earnings Estimates - In the last 60 days, six analysts have revised their earnings estimates upwards for FIS, with the Zacks Consensus Estimate increasing to $5.72 per share [12] - FIS has demonstrated an average earnings surprise of 9.4%, indicating a positive trend in earnings performance [12] Investment Consideration - With a solid Zacks Rank and strong Value and VGM Style Scores, FIS is recommended for investors' consideration [13]
Why Fidelity National Information Services (FIS) is a Top Value Stock for the Long-Term