NEW YORK (TheStreet) -- Shares of Fidelity National Information Services were falling 6% to $64.03 on heavy trading volume Friday after the banking and payments technology company lowered its first quarter and full year 2015 guidance. Fidelity National Information Services now expects to report earnings of 64 cents to 66 cents a share for the first quarter, below its previous estimate of 67 cents to 72 cents a share. Analysts expect earnings of 71 cents a share for the quarter. The company also lowered its full year guidance to a range of $3.27 to $3.37 a share from its previous guidance of $3.37 to $3.49 a share. Analysts expect earnings of $3.40 a share for the full year. Fidelity National Information Services said it now expects revenue growth of 1% to 3% for full year 2015, down from its previous guidance of 5% to 7% revenue growth for the year. The company said the lower guidance is due to the estimated impact of foreign exchange rates, noting that the Brazilian Real, Euro, and Pound Sterling have all continued to decline. About 3.5 million shares of Fidelity National Information Services were traded by 11:25 a.m. Friday, above the company's average trading volume of about 990,000 shares a day. TheStreet Ratings team rates FIDELITY NATIONAL INFO SVCS as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation: "We rate FIDELITY NATIONAL INFO SVCS (FIS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook." Highlights from the analysis by TheStreet Ratings Team goes as follows: The revenue growth came in higher than the industry average of 20.1%. Since the same quarter one year prior, revenues slightly increased by 7.4%. Growth in the company's revenue appears to have helped boost the earnings per share. The debt-to-equity ratio is somewhat low, currently at 0.77, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.15, which illustrates the ability to avoid short-term cash problems. FIDELITY NATIONAL INFO SVCS reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, FIDELITY NATIONAL INFO SVCS increased its bottom line by earning $2.39 versus $1.66 in the prior year. This year, the market expects an improvement in earnings ($3.42 versus $2.39). The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the IT Services industry. The net income increased by 171.6% when compared to the same quarter one year prior, rising from $71.90 million to $195.30 million. Net operating cash flow has increased to $477.80 million or 24.29% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -17.72%. You can view the full analysis from the report here: FIS Ratings Report Must Read: Warren Buffett's Top 25 Stocks for 2015
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