Fidelity National Information Services Inc
FIS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$91.00 | Chhfs | Ssqvfgcyd |
FIS Earnings: Company Sets Off on Its Next Phase
FIS didn’t finish 2023 on an impressive note, but with its having recently completed the sale of a majority interest in the Worldpay business, the end of the year was more about setting the stage for what comes next, and the company’s expectations are roughly in line with our own. We will maintain our $78 fair value estimate for the narrow-moat company and see the shares as modestly undervalued.