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
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Phone800-735-3362
Debt
Current Ratio1.02
Quick Ratio1.02
Price-To-Earnings
Sales & Book Value
Annual Sales$12.05 billion
Price / Sales1.71
Price / Cash Flow7.15
Price / Book3.40
Profitability
Net Income$1.47 billion
Net Margins17.48%
Return on Assets2.65%
Miscellaneous
Employees22,000
OptionableOptionable
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 earnings results on Monday, October, 29th. The business services provider reported $0.35 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.02. The business services provider earned $2.16 billion during the quarter, compared to analysts' expectations of $2.22 billion. First Data had a return on equity of 19.33% and a net margin of 17.48%. First Data's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 earnings per share. View First Data's Earnings History.
When is First Data's next earnings date?
What guidance has First Data issued on next quarter's earnings?
First Data updated its FY 2018 earnings guidance on Wednesday, January, 16th. The company provided earnings per share (EPS) guidance of $1.41-1.40 for the period. The company issued revenue guidance of $9.5 billion.First Data also updated its Q4 2018 guidance to $0.38-0.38 EPS.
What price target have analysts set for FDC?
25 brokers have issued 1 year target prices for First Data's shares. Their predictions range from $20.00 to $35.00. On average, they expect First Data's stock price to reach $24.9475 in the next year. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for First Data.
What is the consensus analysts' recommendation for First Data?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Data in the last year. There are currently 9 hold ratings and 16 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. SunTrust Banks, Inc. analysts commented, "We are revisiting TiVo Corporation (TIVO) ahead of our hosted management meeting at CES on Tuesday, 1/8, in order to both rationalize the necessity to get an update on new technology development by the company and highlight a detail in last week’s 8-K filing that we believe to be particularly timely." (1/7/2019)
- 2. Cantor Fitzgerald analysts commented, ": We maintain our Neutral rating on FDC and lower our PT to $20 from $23 given a lower outlook due to FX. Our Neutral rating is based on the company’s below-industry growth rate and comparative leverage. Quarterly top- line results were below FactSet expectations as all segments missed, due to FX and divestitures in the GFS business, whose impact was greater than expected. GBS a point of focus, was up in the mid-single digits on an organic constant currency (cc) basis. Total GBS decelerated to 6% organic growth from 8% last quarter." (10/29/2018)
- 3. 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)
Has First Data been receiving favorable news coverage?
News headlines about FDC stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. First Data earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Are investors shorting First Data?
First Data saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 28,215,398 shares, an increase of 23.9% from the December 14th total of 22,773,708 shares. Based on an average daily trading volume, of 8,498,463 shares, the days-to-cover ratio is presently 3.3 days. Approximately 5.2% of the company's shares are sold short. 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), NetEase (NTES), eBay (EBAY), Pinduoduo (PDD), Worldpay (WP), FleetCor Technologies (FLT), Global Payments (GPN), Ctrip.Com International (CTRP), Mercadolibre (MELI), Total System Services (TSS), Msci (MSCI), CoStar Group (CSGP), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM) and Alliance Data Systems (ADS).
Who are First Data's key executives?
First Data's management team includes the folowing people:
- Mr. Frank J. Bisignano, Chairman & CEO (Age 60)
- Mr. Guy Chiarello, Pres (Age 59)
- Mr. Himanshu A. Patel, Exec. VP & CFO (Age 43)
- Mr. Christopher M. Foskett, Exec. VP, Co-head of Global Financial Solutions & Head of Institutional Sales (Age 61)
- Ms. Christine E. Larsen, Exec. VP & COO (Age 57)
Who are First Data's major shareholders?
First Data's stock is owned by many different of retail and institutional investors. Top institutional investors include Dudley & Shanley Inc. (0.14%), Gulf International Bank UK Ltd (0.01%), Boston Advisors LLC (0.01%), CenturyLink Investment Management Co (0.01%), DNB Asset Management AS (0.01%) and First Hawaiian Bank (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 major investors are selling First Data stock?
FDC stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Gulf International Bank UK Ltd, First Hawaiian Bank, CENTRAL TRUST Co, Chickasaw Capital Management LLC, YHB Investment Advisors Inc. and CenturyLink Investment Management Co. 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, Cynthia A Armine-Klein, Guy Chiarello, Jeff Shanahan and Thomas Joseph Higgins. View Insider Buying and Selling for First Data.
Which major investors are buying First Data stock?
FDC stock was acquired by a variety of institutional investors in the last quarter, including Highland Capital Management LLC, Dudley & Shanley Inc., Boston Advisors LLC, Aries Wealth Management, DNB Asset Management AS and Burke & Herbert Bank & 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 $21.24.
How big of a company is First Data?
First Data has a market capitalization of $16.43 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.
