CardConnect Stock Price, News & Analysis (NASDAQ:CCN)

$15.05 0.00 (0.00 %)
(As of 12/11/2017 06:00 AM ET)
Previous Close$15.05
Today's Range$15.00 - $15.05
52-Week Range$8.14 - $15.25
Volume80,100 shs
Average Volume206,862 shs
Market Capitalization$469.38 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About CardConnect (NASDAQ:CCN)

CardConnect logoCardConnect Corp., formerly FinTech Acquisition Corp., is a holding company. The Company holds interests in CardConnect, LLC. The Company is a provider of payment processing solutions to merchants throughout the United States. The Company's segments include Merchant Acquiring Services and Other. The Company's platform allows it to provide payment solutions, customer support and tools for its distribution partners and merchants. Its solutions and services enable distribution partners to manage their business and for merchants to securely accept electronic payments. Its Merchant Acquiring services business involves providing end-to-end electronic payment processing services to merchants by facilitating the exchange of information and funds between them and cardholders' financial institutions. It undertakes or facilitates through third parties, merchant set-up and training, transaction authorization, settlement, merchant funding, merchant assistance and support, and risk management.

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Industry, Sector and Symbol

Industry Transaction & Payment Services
Sub-IndustryN/A
SectorIndustrials
SymbolNASDAQ:CCN
CUSIPN/A
Phone+1-484-5812200

Debt

Debt-to-Equity Ratio-3.15%
Current Ratio1.53%
Quick Ratio1.53%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS($1.00)
Net IncomeN/A
Net Margins-1.00%
Return on EquityN/A
Return on Assets-3.75%

Miscellaneous

Employees189
Outstanding Shares31,470,000

CardConnect (NASDAQ:CCN) Frequently Asked Questions

What is CardConnect's stock symbol?

CardConnect trades on the NASDAQ under the ticker symbol "CCN."

How were CardConnect's earnings last quarter?

CardConnect Corp (NASDAQ:CCN) issued its quarterly earnings results on Wednesday, May, 10th. The business services provider reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.02. The business services provider had revenue of $156.65 million for the quarter, compared to analysts' expectations of $41.10 million. View CardConnect's Earnings History.

Where is CardConnect's stock going? Where will CardConnect's stock price be in 2017?

6 brokers have issued 1-year target prices for CardConnect's stock. Their predictions range from $15.00 to $17.00. On average, they anticipate CardConnect's stock price to reach $16.00 in the next year. View Analyst Ratings for CardConnect.

What are Wall Street analysts saying about CardConnect stock?

Here are some recent quotes from research analysts about CardConnect stock:

  • 1. Piper Jaffray Companies analysts commented, "We raise our PT from $14 to $16 (12.5x 2018E EV/EBITDA) following the solid 4Q results based on our increased confidence in CCN's L-T franchise value and strategic positioning in fast-growing tech enabled integrated payments. While CCN's 2017 revenue and adjusted EBITDA guidance were below consensus expectations, we believe CCN's focus on re-investing in a direct sales force, integrated payment technology solutions and merchant bank partnerships will drive accelerated growth in 2018. Furthermore, we believe CCN took a conservative view on 2017 guidance as it works through a heavy investment year. We reiterate our OW rating due to the growing franchise value of CCN that we believe will drive strong L-T growth and market share gains." (3/13/2017)
  • 2. Cantor Fitzgerald analysts commented, "We maintain our Overweight rating on CCN and our PT of $17. We see strength in the company's secure gateway technology and opportunities in its Enterprise business. Our confidence is bolstered by high visibility on annual revenues, with 90% booked by the beginning of the year. Quarterly top-line results were above expectations, but full-year 2017 revenue guidance was announced below expectations, as 2017 will be an investment year. We expect investments to pay off in 2018 noting CCN is growing revenues well above industry averages (taking market share)." (3/13/2017)
  • 3. BTIG Research analysts commented, "We are reiterating our Buy recommendation on CardConnect Corp. (CCN) while raising our price target to $17 (from $14) based on 11x our FY18E adjusted EBITDA of $56.6mm. We believe CCN differentiates itself by offering small- and medium-sized businesses a bundle comprised of its proprietary payment gateway and its capabilities as one of the largest nonaffiliated, non-bank merchant acquirers. The company's 3Q16 earnings report on November 10 ' its first since its July 2016 merger with FinTech Acquisition Corp., a special-purpose acquisition company (SPAC) ' provided investors with a snapshot of the company's potential." (1/18/2017)

Who are some of CardConnect's key competitors?

How do I buy CardConnect stock?

Shares of CardConnect can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CardConnect's stock price today?

One share of CardConnect stock can currently be purchased for approximately $15.05.

How big of a company is CardConnect?

CardConnect has a market capitalization of $469.38 million. CardConnect employs 189 workers across the globe.

How can I contact CardConnect?

CardConnect's mailing address is 1000 Continental Dr Ste 300, KING OF PRUSSIA, PA 19406-2848, United States. The business services provider can be reached via phone at +1-484-5812200.


MarketBeat Community Rating for CardConnect (CCN)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  66 (Vote Underperform)
Total Votes:  165
MarketBeat's community ratings are surveys of what our community members think about CardConnect and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

CardConnect (NASDAQ:CCN) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.672.672.672.67
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $16.00$16.00$16.00$16.00
Price Target Upside: 17.22% upside17.22% upside17.22% upside17.22% upside

CardConnect (NASDAQ:CCN) Consensus Price Target History

Price Target History for CardConnect (NASDAQ:CCN)

CardConnect (NASDAQ:CCN) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/30/2017Craig HallumDowngradeBuy -> Hold$15.00LowView Rating Details
5/30/2017CowenDowngradeOutperform -> Market Perform$17.00 -> $15.00LowView Rating Details
3/13/2017Piper Jaffray CompaniesBoost Price TargetOverweight$14.00 -> $16.00MediumView Rating Details
3/13/2017Cantor FitzgeraldReiterated RatingOverweight$17.00MediumView Rating Details
1/18/2017BTIG ResearchBoost Price TargetBuy$14.00 -> $17.00N/AView Rating Details
1/6/2017William BlairReiterated RatingOutperformN/AView Rating Details
(Data available from 12/11/2015 forward)

Earnings

CardConnect (NASDAQ:CCN) Earnings History and Estimates Chart

Earnings by Quarter for CardConnect (NASDAQ:CCN)

CardConnect (NASDAQ CCN) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017$0.07$0.05$41.10 million$156.65 millionViewN/AView Earnings Details
3/10/201712/31/2016$0.11$0.09$161.30 million$156.80 millionViewN/AView Earnings Details
11/10/2016Q316$0.01$0.03$153.70 million$154.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

CardConnect (NASDAQ:CCN) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for CardConnect (NASDAQ:CCN)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

CardConnect (NASDAQ CCN) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 48.30%
Institutional Ownership Percentage: 31.59%
Insider Trades by Quarter for CardConnect (NASDAQ:CCN)
Institutional Ownership by Quarter for CardConnect (NASDAQ:CCN)

CardConnect (NASDAQ CCN) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/30/2016Robert NathanEVPBuy100$9.78$978.00View SEC Filing  
9/28/2016Abraham MarcianoInsiderBuy100$9.78$978.00View SEC Filing  
8/25/2016Charles B BernickerCFOBuy300$9.96$2,988.00View SEC Filing  
8/18/2016Angelo GreccoEVPBuy1,000$9.82$9,820.00View SEC Filing  
8/16/2016Charles B BernickerCFOBuy1,000$10.00$10,000.00View SEC Filing  
7/29/2016Brian ShanahanInsiderBuy100,000$10.00$1,000,000.00View SEC Filing  
7/29/2016Daniel G CohenCEOSell277,881$0.01$2,778.81View SEC Filing  
7/28/2016Betsy Z CohenDirectorSell187,119$0.01$1,871.19View SEC Filing  
3/8/2016Polar Asset Management PartnerMajor ShareholderSell120,000$10.33$1,239,600.00View SEC Filing  
2/11/2016Daniel G CohenCEOSell100,000$0.01$1,000.00View SEC Filing  
2/11/2016Shami PatelDirectorBuy90,000$0.01$900.00View SEC Filing  
12/24/2015Polar Asset Management PartnerMajor ShareholderSell717$10.20$7,313.40View SEC Filing  
12/23/2015Polar Asset Management PartnerMajor ShareholderSell11,932$10.28$122,660.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

CardConnect (NASDAQ CCN) News Headlines

Source:
DateHeadline
Comparing CardConnect (CCN) & Its PeersComparing CardConnect (CCN) & Its Peers
www.americanbankingnews.com - November 30 at 1:50 PM
CardConnect (CCN) & Its Peers Financial SurveyCardConnect (CCN) & Its Peers Financial Survey
www.americanbankingnews.com - November 26 at 5:22 PM
CardConnect (CCN) versus Its Competitors Head-To-Head SurveyCardConnect (CCN) versus Its Competitors Head-To-Head Survey
www.americanbankingnews.com - November 26 at 3:48 AM
Reviewing CardConnect Corp (CCN) & Its PeersReviewing CardConnect Corp (CCN) & Its Peers
www.americanbankingnews.com - November 24 at 9:42 AM
Reviewing CardConnect Corp (CCN) & Its CompetitorsReviewing CardConnect Corp (CCN) & Its Competitors
www.americanbankingnews.com - November 23 at 5:24 AM
Head to Head Contrast: CardConnect Corp (CCN) vs. Its CompetitorsHead to Head Contrast: CardConnect Corp (CCN) vs. Its Competitors
www.americanbankingnews.com - November 20 at 7:40 AM
Head-To-Head Comparison: CardConnect Corp (CCN) versus Its PeersHead-To-Head Comparison: CardConnect Corp (CCN) versus Its Peers
www.americanbankingnews.com - November 19 at 5:22 AM
Reviewing CardConnect Corp (CCN) & Its RivalsReviewing CardConnect Corp (CCN) & Its Rivals
www.americanbankingnews.com - November 17 at 11:24 PM
CardConnect Corp (CCN) vs. The Competition Head-To-Head AnalysisCardConnect Corp (CCN) vs. The Competition Head-To-Head Analysis
www.americanbankingnews.com - November 15 at 3:26 AM
Comparing CardConnect Corp (CCN) and Its RivalsComparing CardConnect Corp (CCN) and Its Rivals
www.americanbankingnews.com - November 8 at 2:08 PM
CardConnect Corp (CCN) and The Competition Head to Head AnalysisCardConnect Corp (CCN) and The Competition Head to Head Analysis
www.americanbankingnews.com - November 7 at 5:34 AM
CardConnect Corp (CCN) and Its Rivals Head-To-Head ReviewCardConnect Corp (CCN) and Its Rivals Head-To-Head Review
www.americanbankingnews.com - November 6 at 11:04 PM
Reviewing CardConnect Corp (CCN) and Its CompetitorsReviewing CardConnect Corp (CCN) and Its Competitors
www.americanbankingnews.com - November 6 at 3:15 PM
Head-To-Head Survey: CardConnect Corp (CCN) & Its PeersHead-To-Head Survey: CardConnect Corp (CCN) & Its Peers
www.americanbankingnews.com - November 4 at 11:59 AM
Performance Check On Financials Added To The Russell 3000Performance Check On Financials Added To The Russell 3000
seekingalpha.com - October 30 at 3:36 PM
Critical Contrast: Net 1 UEPS Technologies (UEPS) & CardConnect Corp (CCN)Critical Contrast: Net 1 UEPS Technologies (UEPS) & CardConnect Corp (CCN)
www.americanbankingnews.com - October 25 at 4:26 AM
Head-To-Head Review: CardConnect Corp (CCN) and Net 1 UEPS Technologies (UEPS)Head-To-Head Review: CardConnect Corp (CCN) and Net 1 UEPS Technologies (UEPS)
www.americanbankingnews.com - October 18 at 4:08 AM
Net 1 UEPS Technologies (UEPS) & CardConnect Corp (CCN) Critical SurveyNet 1 UEPS Technologies (UEPS) & CardConnect Corp (CCN) Critical Survey
www.americanbankingnews.com - October 17 at 10:24 PM
Edited Transcript of CCN earnings conference call or presentation 10-May-17 12:30pm GMTEdited Transcript of CCN earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - October 9 at 5:41 PM
Edited Transcript of CCN earnings conference call or presentation 10-Mar-17 1:30pm GMTEdited Transcript of CCN earnings conference call or presentation 10-Mar-17 1:30pm GMT
finance.yahoo.com - October 5 at 9:07 PM
Apriva Welcomes Scott Dowty as Chief Revenue OfficerApriva Welcomes Scott Dowty as Chief Revenue Officer
www.businesswire.com - September 20 at 5:48 PM
Contrasting Planet Payment (PLPM) and CardConnect Corp (CCN)Contrasting Planet Payment (PLPM) and CardConnect Corp (CCN)
www.americanbankingnews.com - September 12 at 6:48 PM
Planet Payment (PLPM) & CardConnect Corp (CCN) Critical ReviewPlanet Payment (PLPM) & CardConnect Corp (CCN) Critical Review
www.americanbankingnews.com - September 9 at 10:56 AM
CardConnect Corp (CCN) Receives Consensus Recommendation of "Buy" from BrokeragesCardConnect Corp (CCN) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 6 at 2:36 PM
DaySmart Integrates CardConnect’s Secure Payments PlatformDaySmart Integrates CardConnect’s Secure Payments Platform
finance.yahoo.com - August 31 at 4:57 PM
Analyzing CardConnect Corp (NASDAQ:CCN) and Euronet Worldwide (EEFT)Analyzing CardConnect Corp (NASDAQ:CCN) and Euronet Worldwide (EEFT)
www.americanbankingnews.com - August 13 at 4:18 PM
CardConnect Corp (CCN) Given Consensus Recommendation of "Buy" by AnalystsCardConnect Corp (CCN) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 12 at 2:50 PM
WEX (WEX) versus CardConnect Corp (CCN) Head to Head AnalysisWEX (WEX) versus CardConnect Corp (CCN) Head to Head Analysis
www.americanbankingnews.com - August 10 at 3:20 PM
Reviewing WEX (WEX) & CardConnect Corp (NASDAQ:CCN)Reviewing WEX (WEX) & CardConnect Corp (NASDAQ:CCN)
www.americanbankingnews.com - August 5 at 7:06 AM
CardConnect Corp (NASDAQ:CCN) & Euronet Worldwide (EEFT) Financial ReviewCardConnect Corp (NASDAQ:CCN) & Euronet Worldwide (EEFT) Financial Review
www.americanbankingnews.com - August 2 at 8:14 AM
CardConnect Corp (CCN) to Release Earnings on MondayCardConnect Corp (CCN) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 8:15 AM
CardConnect Corp (CCN) & Qiwi Plc (QIWI) Financial ComparisonCardConnect Corp (CCN) & Qiwi Plc (QIWI) Financial Comparison
www.americanbankingnews.com - July 30 at 7:42 AM
CardConnect Corp (NASDAQ:CCN) versus First Data Corporation (FDC) Head to Head AnalysisCardConnect Corp (NASDAQ:CCN) versus First Data Corporation (FDC) Head to Head Analysis
www.americanbankingnews.com - July 25 at 10:54 AM
CardConnect Corp. (NASDAQ:CCN) Given Average Rating of "Buy" by BrokeragesCardConnect Corp. (NASDAQ:CCN) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 18 at 2:45 PM
CardConnect Corp. (CCN) versus Global Payments (GPN) Financial SurveyCardConnect Corp. (CCN) versus Global Payments (GPN) Financial Survey
www.americanbankingnews.com - July 16 at 8:08 AM
CardConnect Corp. (NASDAQ:CCN) Sees Significant Growth in Short InterestCardConnect Corp. (NASDAQ:CCN) Sees Significant Growth in Short Interest
www.americanbankingnews.com - July 16 at 7:06 AM
Payment Data Systems (PYDS) Shows Strength as FinTech Sector Continues M&A ActivityPayment Data Systems (PYDS) Shows Strength as FinTech Sector Continues M&A Activity
www.baystreet.ca - July 12 at 5:37 PM
First Data completes $750M CardConnect dealFirst Data completes $750M CardConnect deal
finance.yahoo.com - July 8 at 9:37 AM
First Data Buys CardConnect, Boosts Distribution FootprintFirst Data Buys CardConnect, Boosts Distribution Footprint
finance.yahoo.com - July 8 at 9:37 AM
$750M sale of King of Prussia fintech company completed$750M sale of King of Prussia fintech company completed
finance.yahoo.com - July 8 at 9:37 AM
CardConnect Corp. (CCN) Expected to Post Earnings of $0.10 Per ShareCardConnect Corp. (CCN) Expected to Post Earnings of $0.10 Per Share
www.americanbankingnews.com - July 7 at 11:24 AM
Lifshitz & Miller LLP Announces Investigation of Albany Molecular Research, Inc., Atwood Oceanics, Inc., CardConnect Corp., Covisint Corporation, Sajan, Inc., Whole Foods Market, Inc. and Xactly CorporationLifshitz & Miller LLP Announces Investigation of Albany Molecular Research, Inc., Atwood Oceanics, Inc., CardConnect Corp., Covisint Corporation, Sajan, Inc., Whole Foods Market, Inc. and Xactly Corporation
finance.yahoo.com - July 3 at 5:01 PM
Craig-Hallum Downgrades CardConnect Corp. (CCN) to HoldCraig-Hallum Downgrades CardConnect Corp. (CCN) to Hold
www.streetinsider.com - May 30 at 9:15 PM
Payments firm First Data to acquire CardConnect for $750 million: companiesPayments firm First Data to acquire CardConnect for $750 million: companies
www.reuters.com - May 30 at 9:15 PM
CardConnect Corp. 2017 Q1 - Results - Earnings Call SlidesCardConnect Corp. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 12 at 9:48 PM
BRIEF-Cardconnect Corp says total consideration in merger agreement with CCN Chicago $39 mln - SEC filingBRIEF-Cardconnect Corp says total consideration in merger agreement with CCN Chicago $39 mln - SEC filing
www.reuters.com - April 7 at 9:13 PM
CardConnect Corp. (CCN) Agrees to Acquire MertzCo Inc.CardConnect Corp. (CCN) Agrees to Acquire MertzCo Inc.
www.streetinsider.com - April 4 at 2:41 AM
CardConnect Acquires MertzCo, Inc.CardConnect Acquires MertzCo, Inc.
feeds.benzinga.com - April 3 at 6:46 PM
CARDCONNECT CORP. Files SEC form 10-K, Annual ReportCARDCONNECT CORP. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 5:31 PM
CardConnect Corp. Reports Fourth Quarter and Full-Year 2016 ResultsCardConnect Corp. Reports Fourth Quarter and Full-Year 2016 Results
us.rd.yahoo.com - March 10 at 5:10 PM

SEC Filings

CardConnect (NASDAQ:CCN) SEC Filings

DateFilerForm TypeView

Social Media

Financials

CardConnect (NASDAQ:CCN) Income Statement, Balance Sheet and Cash Flow Statement

Chart

CardConnect (NASDAQ CCN) Stock Chart for Monday, December, 11, 2017

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This page was last updated on 12/11/2017 by MarketBeat.com Staff

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