First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. It operates through three segments: Global Business Solutions (GBS), Global Financial Solutions (GFS), and Network & Security Solutions (NSS). The GBS segment offers retail point-of-sale merchant acquiring and e-commerce services; and mobile payment services, as well as its cloud-based Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications. The GFS segment provides technology solutions for bank and non-bank issuers comprising credit, retail private label, commercial card, and loan processing; licensed financial software systems, such as VisionPLUS processing application; and account services, including card personalization and embossing, customer communications, remittance processing, professional services, and customer servicing consisting of call center solutions and back office processing. The NSS segment offers a range of value-added solutions that include electronic funds transfer network solutions comprising debit card processing solutions; stored value network solutions; and gift, and security and fraud solutions. This segment also supports online and mobile banking, as well as its business supporting mobile wallets. The company was founded in 1989 and is headquartered in Atlanta, Georgia.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:FDC
CUSIPN/A
Phone800-735-3362
Debt
Debt-to-Equity Ratio2.77
Current Ratio1.03
Quick Ratio1.03
Price-To-Earnings
Trailing P/E Ratio18.36
Forward P/E Ratio19.01
P/E Growth1.83
Sales & Book Value
Annual Sales$12.05 billion
Price / Sales1.84
Cash Flow$2.3808 per share
Price / Cash9.98
Book Value$6.47 per share
Price / Book3.67
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$1.47 billion
Net Margins15.39%
Return on Equity21.88%
Return on Assets2.87%
Miscellaneous
Employees22,000
Outstanding Shares933,730,000
Market Cap$22.85 billion
First Data (NYSE:FDC) Frequently Asked Questions
What is First Data's stock symbol?
First Data trades on the New York Stock Exchange (NYSE) under the ticker symbol "FDC."
How were First Data's earnings last quarter?
First Data Corp (NYSE:FDC) issued its quarterly earnings results on Monday, July, 30th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.02. The business services provider had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.20 billion. First Data had a return on equity of 21.88% and a net margin of 15.39%. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 EPS. View First Data's Earnings History.
When is First Data's next earnings date?
How can I listen to First Data's earnings call?
First Data will be holding an earnings conference call on Monday, October 29th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8448263033.
What guidance has First Data issued on next quarter's earnings?
First Data updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $1.42-1.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.46.
What price target have analysts set for FDC?
24 brokers have issued 1 year target prices for First Data's stock. Their forecasts range from $18.00 to $37.00. On average, they anticipate First Data's stock price to reach $26.6087 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for First Data.
What is the consensus analysts' recommendation for First Data?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Data in the last year. There are currently 3 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Data.
What are Wall Street analysts saying about First Data stock?
Here are some recent quotes from research analysts about First Data stock:
- 1. According to Zacks Investment Research, "First Data reported strong second-quarter 2018 results wherein both earnings and revenues surpassed the Zacks Consensus Estimate. The company continues to benefit from innovative product and services portfolio and growing enterprise business. First Data’s expanding clientele is a positive. Its strong focus on globalizing its offerings, acquisitions and strategic partnerships and a healthy business around large and small banks are other positives. The company has outperformed the industry it belongs to in the past year. On the flip side, acquisition related integration risks are likely to weigh on the company’s balance sheet. Global presence makes First Data vulnerable to foreign exchange risk." (8/8/2018)
- 2. Cantor Fitzgerald analysts commented, "We maintain our Neutral rating and 12-month PT of $17 after attending FDC’s Analyst day in NYC. FDC is keeping its eyes on the prize and focusing on accelerating its revenue growth and paying down debt. Catalysts are eCommerce, International, and ISV (see pg. 2 for add’l ISV info), which are all growing in double digits (Click here for our Finnovation Piece). International (~22% of revs) is a big opportunity for all three segments, with LATAM posting a 44% CAGR over 2015-17 and India a 10% CAGR. Brazil (3% market share), India are showing signs of strong demand. Debt paydown is a key priority." (6/13/2018)
Are investors shorting First Data?
First Data saw a decline in short interest in September. As of September 28th, there was short interest totalling 27,635,031 shares, a decline of 16.7% from the September 14th total of 33,182,091 shares. Based on an average trading volume of 8,289,063 shares, the days-to-cover ratio is presently 3.3 days. Currently, 5.2% of the shares of the company are short sold. View First Data's Current Options Chain.
Who are some of First Data's key competitors?
Some companies that are related to First Data include Fidelity National Information Servcs (FIS), eBay (EBAY), Worldpay (WP), NetEase (NTES), Pinduoduo (PDD), Global Payments (GPN), FleetCor Technologies (FLT), Ctrip.Com International (CTRP), Total System Services (TSS), Msci (MSCI), Broadridge Financial Solutions (BR), CoStar Group (CSGP), Mercadolibre (MELI), Alliance Data Systems (ADS) and GrubHub (GRUB).
Who are First Data's key executives?
First Data's management team includes the folowing people:
- Mr. Frank J. Bisignano, Chairman & CEO (Age 59)
- Mr. Guy Chiarello, Pres (Age 58)
- Mr. Himanshu A. Patel, Exec. VP & CFO (Age 42)
- Mr. Christopher M. Foskett, Exec. VP & Head of Corp. & Bus. Devel. (Age 60)
- Ms. Christine E. Larsen, Exec. VP & COO (Age 56)
Who are First Data's major shareholders?
First Data's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Zweig DiMenna Associates LLC (0.07%), Barometer Capital Management Inc. (0.05%), Andra AP fonden (0.04%), Garnet Equity Capital Holdings Inc. (0.03%), Bank of Montreal Can (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own First Data stock include Andrew Gelb, Anthony S Marino, Barry C Mccarthy, Christopher M Foskett, Cynthia A Armine-Klein, Frank Bisignano, Guy Chiarello, James E Nevels, Jeff Shanahan, Matthew Cagwin and Thomas Joseph Higgins. View Institutional Ownership Trends for First Data.
Which institutional investors are selling First Data stock?
FDC stock was sold by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., CenturyLink Investment Management Co, Burke & Herbert Bank & Trust Co. and Bremer Trust National Association. Company insiders that have sold First Data company stock in the last year include Andrew Gelb, Anthony S Marino, Barry C Mccarthy, Christopher M Foskett, Guy Chiarello, Jeff Shanahan and Thomas Joseph Higgins. View Insider Buying and Selling for First Data.
Which institutional investors are buying First Data stock?
FDC stock was acquired by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, Barometer Capital Management Inc., Bank of Montreal Can, Andra AP fonden, Garnet Equity Capital Holdings Inc., First Hawaiian Bank, Atria Investments LLC and CENTRAL TRUST Co. Company insiders that have bought First Data stock in the last two years include Frank Bisignano, James E Nevels and Jeff Shanahan. View Insider Buying and Selling for First Data.
How do I buy shares of First Data?
Shares of FDC 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 First Data's stock price today?
One share of FDC stock can currently be purchased for approximately $23.75.
How big of a company is First Data?
First Data has a market capitalization of $22.85 billion and generates $12.05 billion in revenue each year. The business services provider earns $1.47 billion in net income (profit) each year or $1.28 on an earnings per share basis. First Data employs 22,000 workers across the globe.
What is First Data's official website?
How can I contact First Data?
First Data's mailing address is 225 LIBERTY STREET 29 th FLOOR, NEW YORK NY, 10281. The business services provider can be reached via phone at 800-735-3362 or via email at [email protected]
MarketBeat Community Rating for First Data (NYSE FDC)
MarketBeat's community ratings are surveys of what our community members think about First Data and other stocks. Vote "Outperform" if you believe FDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
