First Data Corporation Company Profile (NYSE:FDC)

About First Data Corporation (NYSE:FDC)

First Data Corporation logoFirst Data Corporation is a provider of commerce-enabling technology and solutions for merchants, financial institutions and card issuers. The Company's segments are Global Business Solutions (GBS), Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate. The GBS segment provides businesses of all sizes and types with a range of solutions at the point of sale, including merchant acquiring, e-commerce, mobile commerce, point-of-sale, and other business solutions. The GFS segment provides financial institutions, which include bank and non-bank issuers, such as retailers with card portfolios, with a range of solutions that enable them to offer financial products and solutions to their customers. The NSS segment provides a range of network solutions and security, risk and fraud management solutions to business and financial institution clients in its GBS and GFS segments, and to financial institutions, businesses, governments, processors and other clients.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Transaction & Payment Services
  • Sub-Industry: N/A
  • Symbol: NYSE:FDC
  • CUSIP: N/A
  • Web: www.firstdata.com
Capitalization:
  • Market Cap: $17.6105 billion
  • Outstanding Shares: 922,982,000
Average Prices:
  • 50 Day Moving Avg: $18.12
  • 200 Day Moving Avg: $17.56
  • 52 Week Range: $13.01 - $19.20
P/E:
  • Trailing P/E Ratio: 31.91
  • Foreward P/E Ratio: 13.25
  • P/E Growth: 1.08
Sales & Book Value:
  • Annual Revenue: $7.91 billion
  • Price / Sales: 2.23
  • Book Value: $1.77 per share
  • Price / Book: 10.78
Profitability:
  • EBITDA: $2.79 billion
  • Net Margins: 4.66%
  • Return on Equity: 26.25%
  • Return on Assets: 3.05%
Debt:
  • Debt-to-Equity Ratio: 3.98%
  • Current Ratio: 1.07%
  • Quick Ratio: 1.07%
Misc:
  • Average Volume: 5.70 million shs.
  • Beta: 1.73
  • Short Ratio: 7.07
 

Frequently Asked Questions for First Data Corporation (NYSE:FDC)

What is First Data Corporation's stock symbol?

First Data Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "FDC."

How were First Data Corporation's earnings last quarter?

First Data Corporation (NYSE:FDC) announced its earnings results on Monday, August, 7th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.06. The company earned $3.03 billion during the quarter, compared to analyst estimates of $2.98 billion. First Data Corporation had a net margin of 4.66% and a return on equity of 26.25%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 earnings per share. View First Data Corporation's Earnings History.

When will First Data Corporation make its next earnings announcement?

First Data Corporation is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for First Data Corporation.

Where is First Data Corporation's stock going? Where will First Data Corporation's stock price be in 2017?

31 analysts have issued 1 year price targets for First Data Corporation's stock. Their forecasts range from $15.00 to $25.00. On average, they expect First Data Corporation's stock price to reach $19.43 in the next year. View Analyst Ratings for First Data Corporation.

What are analysts saying about First Data Corporation stock?

Here are some recent quotes from research analysts about First Data Corporation stock:

  • 1. According to Zacks Investment Research, "First Data Corporation  is a commerce-enabling technology and solutions company. The company's second-quarter 2017 earnings matched the Zacks Consensus Estimate and increased year over year. First Data’s focus on globalizing its offerings, acquisitions and strategic partnerships and a healthy business around large and small banks are positives. However, the company is subject to seasonality and foreign exchange risk and has no intention of paying cash dividend at present. Year to date, the stock has outperformed the  industry it belongs to. " (10/10/2017)
  • 2. BTIG Research analysts commented, "for $15/Share; Deal Could Help FDC to Reduce Churn First Data Corporation (FDC) management during the past few quarters has focused on its North America Global Business Solutions (GBS) unit as the last area within the company in which its turnaround had not fully taken hold. In particular, FDC management has been working to stem churn at the direct small- and medium-sized business (SMB) segment that represents about 20% of North America GBS.   We believe it was with the intention to reduce churn and drive growth at the SMB segment that FDC last evening announced that it had agreed to acquire CardConnect (CCN, Buy, $17 PT) for $15 in cash, which represented a premium of 9.9% over CCN’s Friday closing price of $13.65. CCN differentiates itself by providing small- and medium- sized businesses with a bundle comprised of its proprietary payment gateway and its capabilities as one of the largest non-bank merchant acquirers." (6/1/2017)
  • 3. Stifel Nicolaus analysts commented, "While we don't expect a material miss from FDC this quarter, we are somewhat negative into results for three key reasons. First and foremost is valuation. Although the stock is still by far the cheapest in the group on EPS, the recent rally has the stock now trading a half-point premium to TSS despite similar growth prospects and much higher leverage. Second, we continue to be concerned about FDC's domestic acquiring business as relatively high attrition may limit its ability to support revenue growth with pricing. Finally, we note that FCF can be volatile and our model suggests timing differences and seasonality may result in a shortfall this quarter. As a result, while we're still attracted to the longer-term deleveraging story, we continue to wait for a more compelling entry point and/or material progress in turning around merchant acquiring." (1/30/2017)
  • 4. Cantor Fitzgerald analysts commented, "We initiate coverage of First Data Corporation (FDC) with a Neutral rating and a price target of $15, offering 6% downside currently. Our Neutral rating is based on the company's lower than industry growth rate and heavy leverage. FDC is the largest merchant acquirer in the U.S. with a strong position in purchase transaction processing and a solid footprint globally. We would like to see growth move closer to industry average and significant progress on deleveraging before getting constructive on the name." (1/26/2017)

Are investors shorting First Data Corporation?

First Data Corporation saw a drop in short interest during the month of September. As of September 29th, there was short interest totalling 22,748,088 shares, a drop of 29.0% from the September 15th total of 32,051,890 shares. Based on an average daily volume of 8,172,573 shares, the days-to-cover ratio is presently 2.8 days. Currently, 6.7% of the shares of the company are short sold.

Who are some of First Data Corporation's key competitors?

Who are First Data Corporation's key executives?

First Data Corporation's management team includes the folowing people:

  • Frank J. Bisignano, Chairman of the Board, Chief Executive Officer
  • Guy Chiarello, President
  • Joseph J. Plumeri II, Vice Chairman of the Board
  • Himanshu A. Patel, Chief Financial Officer, Executive Vice President
  • Christine Elizabeth Larsen, Chief Operating Officer, Executive Vice President
  • Thomas Joseph Higgins, Executive Vice President, Chief Administrative Officer
  • Adam L. Rosman, Executive Vice President, General Counsel, Secretary
  • Cynthia A. Armine-Klein, Executive Vice President, Chief Control Officer
  • Daniel J. Charron, Executive Vice President, Head of Global Business Solutions
  • Ivo M. Distelbrink, Executive Vice President, Head of Asia Pacific Region

Who owns First Data Corporation stock?

First Data Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.02%), Tributary Capital Management LLC (0.01%), Quantitative Systematic Strategies LLC (0.01%) and Crow Point Partners LLC (0.01%). Company insiders that own First Data Corporation stock include Barry C Mccarthy, Christopher M Foskett, Cynthia A Armine-Klein, Frank Bisignano, James E Nevels, Jeff Shanahan, Joseph J Plumeri, Matthew Cagwin, Michael K Neborak, Scott C Nuttall and Thomas Joseph Higgins. View Institutional Ownership Trends for First Data Corporation.

Who sold First Data Corporation stock? Who is selling First Data Corporation stock?

First Data Corporation's stock was sold by a variety of institutional investors in the last quarter, including Crow Point Partners LLC and Tributary Capital Management LLC. Company insiders that have sold First Data Corporation stock in the last year include Barry C Mccarthy, Christopher M Foskett, Cynthia A Armine-Klein, Matthew Cagwin and Thomas Joseph Higgins. View Insider Buying and Selling for First Data Corporation.

Who bought First Data Corporation stock? Who is buying First Data Corporation stock?

First Data Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V. and Quantitative Systematic Strategies LLC. Company insiders that have bought First Data Corporation stock in the last two years include Frank Bisignano, James E Nevels, Jeff Shanahan, Joseph J Plumeri, Michael K Neborak and Scott C Nuttall. View Insider Buying and Selling for First Data Corporation.

How do I buy First Data Corporation stock?

Shares of First Data Corporation 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 First Data Corporation's stock price today?

One share of First Data Corporation stock can currently be purchased for approximately $19.08.


MarketBeat Community Rating for First Data Corporation (NYSE FDC)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  506
MarketBeat's community ratings are surveys of what our community members think about First Data Corporation 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 First Data Corporation (NYSE:FDC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 23 Buy Ratings
Consensus Rating:Buy (Score: 2.74)
Consensus Price Target: $19.43 (1.83% upside)
Consensus Price Target History for First Data Corporation (NYSE:FDC)
Price Target History for First Data Corporation (NYSE:FDC)
Analysts' Ratings History for First Data Corporation (NYSE:FDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Cantor FitzgeraldReiterated RatingHold$17.00N/AView Rating Details
10/20/2017WedbushUpgradeNeutral -> Outperform$25.00 -> $20.00N/AView Rating Details
10/20/2017SunTrust Banks, Inc.Reiterated RatingBuyN/AView Rating Details
10/12/2017Robert W. BairdBoost Price TargetNeutral$20.00 -> $22.00N/AView Rating Details
10/12/2017Cowen and CompanyReiterated RatingBuy$20.00N/AView Rating Details
10/12/2017Jefferies Group LLCReiterated RatingBuy$21.00N/AView Rating Details
10/11/2017Barclays PLCBoost Price TargetOverweight$22.00 -> $24.00N/AView Rating Details
10/6/2017Keefe, Bruyette & WoodsReiterated RatingBuy$21.00N/AView Rating Details
10/2/2017Buckingham ResearchInitiated CoverageBuy -> Buy$23.00LowView Rating Details
9/5/2017Credit Suisse GroupReiterated RatingOutperformHighView Rating Details
8/10/2017Piper Jaffray CompaniesReiterated RatingOverweight$22.00 -> $23.00HighView Rating Details
8/8/2017Morgan StanleyBoost Price TargetEqual Weight$19.00 -> $20.00LowView Rating Details
8/8/2017Craig HallumReiterated RatingBuy$20.00 -> $25.00LowView Rating Details
6/19/2017BTIG ResearchReiterated RatingBuy$18.00 -> $23.00LowView Rating Details
6/1/2017Stifel NicolausInitiated CoverageBuy -> Buy$20.00HighView Rating Details
5/19/2017Raymond James Financial, Inc.Initiated CoverageOutperform -> Outperform$18.00LowView Rating Details
5/18/2017FIXInitiated CoveragePositive -> Outperform$18.00LowView Rating Details
5/10/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$18.00 -> $19.00LowView Rating Details
5/9/2017BMO Capital MarketsBoost Price TargetMarket Perform$18.00 -> $19.00LowView Rating Details
5/9/2017InstinetBoost Price TargetNeutral$16.00 -> $17.00LowView Rating Details
5/9/2017Citigroup Inc.Boost Price TargetBuy$18.00 -> $19.00MediumView Rating Details
4/12/2017Atlantic SecuritiesReiterated RatingNeutral$17.00LowView Rating Details
2/14/2017MizuhoBoost Price TargetBuy$17.00 -> $18.00N/AView Rating Details
1/3/2017StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
12/19/2016GuggenheimInitiated CoverageBuy$17.00N/AView Rating Details
12/16/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$18.00 -> $16.00N/AView Rating Details
12/16/2016KeyCorpInitiated CoverageOverweight$17.00N/AView Rating Details
12/15/2016Pacific CrestInitiated CoverageOverweight$17.00N/AView Rating Details
12/12/2016Northcoast ResearchInitiated CoverageBuy$18.00N/AView Rating Details
11/30/2016NomuraBoost Price TargetNeutral$14.00 -> $15.00N/AView Rating Details
11/14/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
5/4/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
4/26/2016Sanford C. BernsteinBoost Price TargetMarket Perform$13.00 -> $15.00N/AView Rating Details
4/15/2016Compass PointInitiated CoverageNeutral$12.00N/AView Rating Details
12/30/2015MacquarieReiterated RatingOutperform$20.00N/AView Rating Details
12/17/2015Sterne Agee CRTInitiated CoverageBuy$22.00N/AView Rating Details
11/13/2015Topeka Capital MarketsInitiated CoverageHold$18.00N/AView Rating Details
11/9/2015Wells Fargo & CompanyInitiated CoverageOutperformN/AView Rating Details
11/9/2015Evercore ISIInitiated CoverageBuy$20.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for First Data Corporation (NYSE:FDC)
Earnings by Quarter for First Data Corporation (NYSE:FDC)
Earnings History by Quarter for First Data Corporation (NYSE FDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.40N/AView Earnings Details
8/7/2017Q2 2017$0.34$0.40$2.98 billion$3.03 billionViewListenView Earnings Details
5/8/2017Q1 2017$0.21$0.28$2.78 billion$2.80 billionViewListenView Earnings Details
2/13/2017Q416$0.36$0.39$1.85 billion$1.80 billionViewN/AView Earnings Details
11/7/2016Q316$0.34$0.34$1.83 billion$2.00 billionViewListenView Earnings Details
8/1/2016Q216$0.34$0.35$1.81 billion$1.98 billionViewN/AView Earnings Details
4/25/2016Q116$0.22$0.24$1.71 billion$2.80 billionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Data Corporation (NYSE:FDC)
2017 EPS Consensus Estimate: $1.27
2018 EPS Consensus Estimate: $1.35
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.19$0.22$0.21
Q2 20175$0.33$0.35$0.34
Q3 20176$0.34$0.38$0.36
Q4 20177$0.13$0.41$0.36
Q1 20184$0.25$0.29$0.28
Q2 20184$0.31$0.41$0.37
Q3 20184$0.29$0.38$0.33
Q4 20184$0.33$0.42$0.38
(Data provided by Zacks Investment Research)

Dividends

Dividend History for First Data Corporation (NYSE:FDC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for First Data Corporation (NYSE:FDC)
Insider Ownership Percentage: 6.30%
Institutional Ownership Percentage: 39.08%
Insider Trades by Quarter for First Data Corporation (NYSE:FDC)
Institutional Ownership by Quarter for First Data Corporation (NYSE:FDC)
Insider Trades by Quarter for First Data Corporation (NYSE:FDC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/16/2017James E NevelsDirectorBuy100$17.68$1,768.00View SEC Filing  
9/18/2017Cynthia A Armine-KleinInsiderSell28,000$17.94$502,320.00View SEC Filing  
9/15/2017Thomas Joseph HigginsInsiderSell31,718$18.15$575,681.70View SEC Filing  
9/8/2017Christopher M FoskettInsiderSell10,254$18.40$188,673.60View SEC Filing  
9/1/2017Jeff ShanahanInsiderBuy34,284$18.44$632,196.96View SEC Filing  
8/30/2017Jeff ShanahanInsiderBuy72,466$18.21$1,319,605.86View SEC Filing  
8/29/2017Barry C MccarthyInsiderSell81,858$18.17$1,487,359.86View SEC Filing  
8/24/2017Jeff ShanahanInsiderBuy37,879$18.13$686,746.27View SEC Filing  
8/23/2017Jeff ShanahanInsiderBuy77,453$18.04$1,397,252.12View SEC Filing  
8/15/2017Jeff ShanahanInsiderBuy118,135$17.81$2,103,984.35View SEC Filing  
5/10/2017Matthew CagwinInsiderSell8,195$16.42$134,561.90View SEC Filing  
9/15/2016James E NevelsDirectorBuy100$13.88$1,388.00View SEC Filing  
6/10/2016James E NevelsDirectorBuy350$12.41$4,343.50View SEC Filing  
5/26/2016Joseph J PlumeriDirectorBuy250,000$12.44$3,110,000.00View SEC Filing  
5/25/2016Joseph J PlumeriDirectorBuy250,000$12.30$3,075,000.00View SEC Filing  
5/18/2016Scott C NuttallDirectorBuy100,000$10.62$1,062,000.00View SEC Filing  
2/17/2016Michael K NeborakInsiderBuy6,200$10.61$65,782.00View SEC Filing  
2/16/2016Frank BisignanoCEOBuy115,990$10.31$1,195,856.90View SEC Filing  
1/20/2016Michael K NeborakInsiderBuy400$14.26$5,704.00View SEC Filing  
10/21/2015Leon G CoopermanMajor ShareholderSell1,500,000$15.77$23,655,000.00View SEC Filing  
10/20/2015Barry C MccarthyInsiderBuy5,000$16.00$80,000.00View SEC Filing  
10/20/2015Heidi MillerDirectorBuy16,000$16.00$256,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for First Data Corporation (NYSE:FDC)
Latest Headlines for First Data Corporation (NYSE:FDC)
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Chart

First Data Corporation (FDC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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