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. The company was formed following a merger with Certegy Inc. in 2006 [12]. Zacks Rank and Style Scores - FIS currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a moderate investment potential [13]. - The Momentum Style Score for FIS is B, with shares having increased by 7.1% over the past four weeks, suggesting positive momentum [13]. - For fiscal 2025, eight analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by 5.74 per share [13]. Investment Considerations - FIS has an average earnings surprise of 9.4%, which may indicate a potential for exceeding earnings expectations [13]. - Given its solid Zacks Rank and favorable Momentum and VGM Style Scores, FIS is recommended to be on investors' short lists for potential investment opportunities [14].
Here's Why Fidelity National Information Services (FIS) is a Strong Momentum Stock