FIS (FIS) Stock May Look Reasonable Despite Record Banking Wins

Fidelity National Information Services has seen its share price fall sharply in recent years, even as it continues to win large banking technology contracts. The question for investors is whether the current US$36.43 price fairly reflects what the company is earning today and what those earnings can support over time. The stock has declined 65.9% over the past 5 years, which puts the focus squarely on whether the underlying earnings justify such a large reset in expectations. Record core...