Fidelity National Information Services Inc
FIS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$11.00 | Tqnrbx | Kgkhzzvh |
FIS Earnings: Tracking a Bit Ahead of Expectations
Fidelity National Information Services' second-quarter results were not impressive in an absolute sense, but the company is holding steady and tracking a bit ahead of our expectations. We remain comfortable with our $76 per share fair value estimate for the narrow-moat company and consider shares undervalued, although the long-term picture will be more complicated given the company's decision to maintain a minority stake in Worldpay.