First Data Corp Company Profile (NYSE:FDC)

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

First Data Corp (NYSE:FDC) released its quarterly earnings data on Monday, May, 8th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.07. The business earned $2.80 billion during the quarter, compared to analysts' expectations of $2.78 billion. First Data Corp had a net margin of 3.63% and a return on equity of 25.67%. The firm's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 EPS. View First Data Corp's Earnings History.

25 analysts have issued twelve-month target prices for First Data Corp's shares. Their forecasts range from $15.00 to $20.00. On average, they anticipate First Data Corp's stock price to reach $17.59 in the next twelve months. View Analyst Ratings for First Data Corp.

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

• 1. According to Zacks Investment Research, "First Data Corporation is a commerce-enabling technology and solutions company. It provides merchant transaction processing and acquiring; credit, retail and debit card issuing and processing; prepaid services and check verification, settlement and guarantee services. First Data Corporation is headquartered in Atlanta, Georgia. " (4/14/2017)
• 2. 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)
• 3. 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)

First Data Corp saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 22,743,396 shares, an increase of 17.1% from the April 13th total of 19,425,834 shares. Based on an average daily trading volume, of 2,847,470 shares, the days-to-cover ratio is currently 8.0 days. Approximately 6.7% of the company's shares are short sold.

Some companies that are related to First Data Corp include WPP plc - American Depositary Shares each representing five (WPPGY), Fidelity National Information Servcs (FIS), Fiserv (FISV), Republic Services (RSG), Paychex (PAYX), Sodexo SA (SDXAY), Experian plc (EXPGY), Omnicom Group (OMC), IHS Markit Ltd (INFO), Cap Gemini SA (CGEMY), Publicis Groupe SA (PUBGY), Waste Connections (WCN), Equifax (EFX), Global Payments (GPN), Nielsen N.V. (NLSN), Alliance Data Systems (ADS), FleetCor Technologies (FLT) and Verisk Analytics (VRSK).

First Data Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (5.22%), Vanguard Group Inc. (3.28%), Stone Point Capital LLC (2.30%), BlackRock Inc. (1.54%), Sound Shore Management Inc. CT (1.37%) and Bank of New York Mellon Corp (1.29%). Company insiders that own First Data Corp stock include Barry C Mccarthy, Frank Bisignano, Heidi Miller, James E Nevels, Joseph J Plumeri, Leon G Cooperman, Matthew Cagwin, Michael K Neborak and Scott C Nuttall. View Institutional Ownership Trends for First Data Corp.

First Data Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Glenview Capital Management LLC, Cibc World Markets Corp, Omega Advisors Inc., JPMorgan Chase & Co., Teacher Retirement System of Texas, Renaissance Technologies LLC and Epoch Investment Partners Inc.. View Insider Buying and Selling for First Data Corp.

First Data Corp's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Morgan Stanley, TCW Group Inc., Dudley & Shanley LLC, Massachusetts Financial Services Co. MA, Apertura Capital LLC and Bank of America Corp DE. Company insiders that have bought First Data Corp stock in the last two years include Barry C Mccarthy, Frank Bisignano, Heidi Miller, James E Nevels, Joseph J Plumeri, Michael K Neborak and Scott C Nuttall. View Insider Buying and Selling for First Data Corp.

Shares of First Data 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.

One share of First Data Corp stock can currently be purchased for approximately $16.64.