CardConnect Corp Company Profile (NASDAQ:CCN)

About CardConnect Corp (NASDAQ:CCN)

CardConnect Corp 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.

Industry, Sector and Symbol:
  • Sector: Industrials
  • Industry: Transaction & Payment Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CCN
  • CUSIP: N/A
  • Web: https://cardconnect.com/
Average Prices:
  • 50 Day Moving Avg: $14.69
  • 200 Day Moving Avg: $13.83
  • 52 Week Range: $8.14 - $15.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.51
  • P/E Growth: 0.00
Profitability:
  • Net Margins: -1.00%
  • Return on Assets: -3.75%
Debt:
  • Debt-to-Equity Ratio: -3.15%
  • Current Ratio: 1.53%
  • Quick Ratio: 1.53%
Misc:
  • Average Volume: 344,373 shs.
 

Frequently Asked Questions for CardConnect Corp (NASDAQ:CCN)

What is CardConnect Corp's stock symbol?

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

How were CardConnect Corp's earnings last quarter?

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

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

6 brokerages have issued 12 month target prices for CardConnect Corp's shares. Their predictions range from $15.00 to $17.00. On average, they expect CardConnect Corp's share price to reach $16.00 in the next year. View Analyst Ratings for CardConnect Corp.

Who are some of CardConnect Corp's key competitors?

Who owns CardConnect Corp stock?

CardConnect Corp's stock is owned by many different of retail and institutional investors. Top institutional investors include Capital Research Global Investors (0.00%), Empyrean Capital Partners LP (0.00%), TimesSquare Capital Management LLC (0.00%), Vivaldi Asset Management LLC (0.00%), Vanguard Group Inc. (0.00%) and Glazer Capital LLC (0.00%). Company insiders that own CardConnect Corp stock include Abraham Marciano, Angelo Grecco, Betsy Z Cohen, Brian Shanahan, Charles B Bernicker, Daniel G Cohen, Polar Asset Management Partner, Robert Nathan and Shami Patel. View Institutional Ownership Trends for CardConnect Corp.

Who sold CardConnect Corp stock? Who is selling CardConnect Corp stock?

CardConnect Corp's stock was sold by a variety of institutional investors in the last quarter, including Blair William & Co. IL and TimesSquare Capital Management LLC. View Insider Buying and Selling for CardConnect Corp.

Who bought CardConnect Corp stock? Who is buying CardConnect Corp stock?

CardConnect Corp's stock was bought by a variety of institutional investors in the last quarter, including Empyrean Capital Partners LP, Vivaldi Asset Management LLC, Glazer Capital LLC, State Street Corp, GABELLI & Co INVESTMENT ADVISERS INC., Northern Trust Corp, OMERS ADMINISTRATION Corp and Vanguard Group Inc.. Company insiders that have bought CardConnect Corp stock in the last two years include Abraham Marciano, Angelo Grecco, Brian Shanahan, Charles B Bernicker, Robert Nathan and Shami Patel. View Insider Buying and Selling for CardConnect Corp.

How do I buy CardConnect Corp stock?

Shares of CardConnect Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CardConnect Corp's stock price today?

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


MarketBeat Community Rating for CardConnect Corp (NASDAQ CCN)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  119
MarketBeat's community ratings are surveys of what our community members think about CardConnect Corp 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

Consensus Ratings for CardConnect Corp (NASDAQ:CCN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $16.00 (6.31% upside)

Analysts' Ratings History for CardConnect Corp (NASDAQ:CCN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/30/2017Craig HallumDowngradeBuy -> Hold$15.00LowView Rating Details
5/30/2017Cowen and CompanyDowngradeOutperform -> 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 8/17/2015 forward)

Earnings

Earnings History for CardConnect Corp (NASDAQ:CCN)
Earnings by Quarter for CardConnect Corp (NASDAQ:CCN)
Earnings History by Quarter for CardConnect Corp (NASDAQ CCN)
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

Earnings Estimates for CardConnect Corp (NASDAQ:CCN)
Current Year EPS Consensus Estimate: $0.45 EPS
Next Year EPS Consensus Estimate: $0.59 EPS

Dividends

Dividend History for CardConnect Corp (NASDAQ:CCN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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

Headline Trends for CardConnect Corp (NASDAQ:CCN)
Latest Headlines for CardConnect Corp (NASDAQ:CCN)
Source:
DateHeadline
americanbankingnews.com logoAnalyzing CardConnect Corp (NASDAQ:CCN) and Euronet Worldwide (EEFT)
www.americanbankingnews.com - August 13 at 4:18 PM
americanbankingnews.com logoCardConnect Corp (CCN) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 12 at 2:50 PM
americanbankingnews.com logoWEX (WEX) versus CardConnect Corp (CCN) Head to Head Analysis
www.americanbankingnews.com - August 10 at 3:20 PM
americanbankingnews.com logoReviewing WEX (WEX) & CardConnect Corp (NASDAQ:CCN)
www.americanbankingnews.com - August 5 at 7:06 AM
americanbankingnews.com logoCardConnect Corp (NASDAQ:CCN) & Euronet Worldwide (EEFT) Financial Review
www.americanbankingnews.com - August 2 at 8:14 AM
americanbankingnews.com logoCardConnect Corp (CCN) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 8:15 AM
americanbankingnews.com logoCardConnect Corp (CCN) & Qiwi Plc (QIWI) Financial Comparison
www.americanbankingnews.com - July 30 at 7:42 AM
americanbankingnews.com logoCardConnect Corp (NASDAQ:CCN) versus First Data Corporation (FDC) Head to Head Analysis
www.americanbankingnews.com - July 25 at 10:54 AM
americanbankingnews.com logoCardConnect Corp. (NASDAQ:CCN) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 18 at 2:45 PM
americanbankingnews.com logoCardConnect Corp. (CCN) versus Global Payments (GPN) Financial Survey
www.americanbankingnews.com - July 16 at 8:08 AM
americanbankingnews.com logoCardConnect Corp. (NASDAQ:CCN) Sees Significant Growth in Short Interest
www.americanbankingnews.com - July 16 at 7:06 AM
baystreet.ca logoPayment Data Systems (PYDS) Shows Strength as FinTech Sector Continues M&A Activity
www.baystreet.ca - July 12 at 5:37 PM
finance.yahoo.com logoFirst Data completes $750M CardConnect deal
finance.yahoo.com - July 8 at 9:37 AM
finance.yahoo.com logoFirst Data Buys CardConnect, Boosts Distribution Footprint
finance.yahoo.com - July 8 at 9:37 AM
finance.yahoo.com logo$750M sale of King of Prussia fintech company completed
finance.yahoo.com - July 8 at 9:37 AM
americanbankingnews.com logoCardConnect Corp. (CCN) Expected to Post Earnings of $0.10 Per Share
www.americanbankingnews.com - July 7 at 11:24 AM
finance.yahoo.com logoLifshitz & 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
americanbankingnews.com logoCardConnect Corp. (CCN) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - June 27 at 6:28 PM
finance.yahoo.com logoThe Law Offices of Vincent Wong Notifies Investors of an Investigation of CardConnect Corp. in Connection with the Sale of the Company to First Data Corporation
finance.yahoo.com - June 26 at 4:53 PM
americanbankingnews.com logoCritical Contrast: CardConnect Corp. (CCN) & Newtek Business Services Corp. (NEWT)
www.americanbankingnews.com - June 26 at 12:10 AM
americanbankingnews.com logoCardConnect Corp. (CCN) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 23 at 5:18 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of CardConnect Corp. to First Data Corporation for $15 Per Share is Fair to Shareholders
finance.yahoo.com - June 23 at 4:48 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of CardConnect Corp.
finance.yahoo.com - June 23 at 4:48 PM
americanbankingnews.com logoCardConnect Corp. (CCN) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 12:34 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of CardConnect Corp. - CCN
finance.yahoo.com - June 21 at 5:20 PM
americanbankingnews.com logoCardConnect Corp. (CCN) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - June 20 at 6:38 PM
americanbankingnews.com logoCardConnect Corp. (CCN) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 16 at 5:34 PM
americanbankingnews.com logoCardConnect Corp. (CCN) and Heartland Payment Systems (HPY) Head-To-Head Comparison
www.americanbankingnews.com - June 15 at 4:20 PM
americanbankingnews.com logo$46.11 Million in Sales Expected for CardConnect Corp. (CCN) This Quarter
www.americanbankingnews.com - June 15 at 11:34 AM
americanbankingnews.com logo$0.10 Earnings Per Share Expected for CardConnect Corp. (CCN) This Quarter
www.americanbankingnews.com - June 13 at 10:21 AM
americanbankingnews.com logoCardConnect Corp (CCN) vs. Heartland Payment Systems (HPY) Financial Review
www.americanbankingnews.com - June 11 at 4:20 PM
americanbankingnews.com logoHead to Head Analysis: CardConnect Corp (CCN) versus FleetCor Technologies (FLT)
www.americanbankingnews.com - June 11 at 8:32 AM
americanbankingnews.com logoCardConnect Corp (CCN) & FleetCor Technologies (FLT) Head-To-Head Review
www.americanbankingnews.com - June 11 at 8:26 AM
finance.yahoo.com logoSHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of CardConnect Corp. - CCN
finance.yahoo.com - June 9 at 4:47 PM
americanbankingnews.com logoCardConnect Corp (CCN) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 8 at 4:42 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of CardConnect Corp. And Encourages Shareholders To Contact The Firm For Additional Information
finance.yahoo.com - June 7 at 6:35 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of CardConnect Corp. - CCN
finance.yahoo.com - June 6 at 9:27 PM
americanbankingnews.com logoCardConnect Corp (CCN) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - June 5 at 6:16 PM
americanbankingnews.com logoCardConnect Corp (CCN) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 2 at 7:42 PM
finance.yahoo.com logoSHAREHOLDER ALERT: WeissLaw LLP Investigates the Acquisition of CardConnect Corp.
finance.yahoo.com - June 2 at 5:40 PM
finance.yahoo.com logoWhy CardConnect (CCN) Could Be Positioned for a Surge
finance.yahoo.com - June 1 at 4:45 PM
finance.yahoo.com logoFirst Data CEO Taking M&A Break After CardConnect
finance.yahoo.com - June 1 at 4:45 PM
finance.yahoo.com logoPittsburgher stands to make millions from sale of CardConnect
finance.yahoo.com - May 31 at 4:15 PM
finance.yahoo.com logoWhy CardConnect Purchase Doesn't Mean More Deals for First Data
finance.yahoo.com - May 31 at 4:15 PM
streetinsider.com logoCraig-Hallum Downgrades CardConnect Corp. (CCN) to Hold
www.streetinsider.com - May 30 at 9:15 PM
reuters.com logoPayments firm First Data to acquire CardConnect for $750 million: companies
www.reuters.com - May 30 at 9:15 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of CardConnect Corp. and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 30 at 9:15 PM
finance.yahoo.com logoCARDCONNECT CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
finance.yahoo.com - May 30 at 4:14 PM
finance.yahoo.com logo[$$] KKR-Backed First Data to Acquire Falcon-Backed CardConnect
finance.yahoo.com - May 30 at 4:14 PM
finance.yahoo.com logoCardConnect (CCN) Alert: J&W Investigates Price and Process of Proposed Sale of CardConnect Corp.; Is $15 a Fair Price?
finance.yahoo.com - May 30 at 12:08 PM

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Chart

CardConnect Corp (CCN) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff