First Data Corporation provides commerce enabled technology and solutions for merchants, financial institutions, and card issuers in the United States, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company operates through three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. The Global Business Solutions segment provides solutions to merchants, such as retail point of sale merchant acquiring, e-commerce, and mobile payment services, as well as cloud based point of sale operating system that include a marketplace for proprietary and third party applications. The Global Finance Solutions segment provides technology solutions for bank and non-bank issuers, such as credit, retail private label, commercial card, and loan processing, as well as licensed financial software systems; suite of account services that include card personalization and embossing, customer communications, and professional services; and call center solutions and back office processing. The Network & Security Solutions segment offers EFT network, stored value network, and security and fraud solutions, as well as other value added solutions to its clients in GBS and GFS segments, smaller financial institutions, and other enterprise clients. First Data Corporation was founded in 1971 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
Price-To-Earnings
Sales & Book Value
Annual Sales$9.50 billion
Profitability
Miscellaneous
Employees19,000
Next Earnings Date7/29/2019 (Estimated)
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) released its quarterly earnings results on Tuesday, April, 30th. The business services provider reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.04. The business services provider had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.09 billion. First Data had a net margin of 11.26% and a return on equity of 18.04%. The company's revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 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 FY19 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of $1.55-1.58 for the period, compared to the Thomson Reuters consensus estimate of $1.57.
What price target have analysts set for FDC?
27 analysts have issued twelve-month target prices for First Data's shares. Their forecasts range from $20.00 to $35.00. On average, they anticipate First Data's stock price to reach $25.0728 in the next year. This suggests that the stock has a possible downside of 3.1%. View Analyst Price Targets for First Data.
What is the consensus analysts' recommendation for First Data?
27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Data in the last year. There are currently 19 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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's first-quarter 2019 earnings came in line with the Zacks Consensus Estimate and revenues beat the same. The company continues to benefit from its growing enterprise business. Appropriate segmentation of business allows the company to strengthen its global client base and further globalize its offerings. Acquisitions and strategic partnerships and agreements have been playing a significant role in shaping the growth trajectory of First Data. The company has outperformed its industry in the past year. On the flip side, acquisition related integration risks are likely to weigh on the company’s balance sheet. Its global presence makes First Data vulnerable to foreign exchange risk. The company's three business segments experience seasonality, with stronger demand in the fourth quarter and weaker demand in the first quarter relative to second and third quarters." (5/14/2019)
- 2. 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)
- 3. 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)
Has First Data been receiving favorable news coverage?
Headlines about FDC stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. First Data earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near future.
Are investors shorting First Data?
First Data saw a decrease in short interest in April. As of April 30th, there was short interest totalling 23,703,223 shares, a decrease of 10.1% from the April 15th total of 26,376,305 shares. Based on an average daily volume of 9,586,610 shares, the days-to-cover ratio is currently 2.5 days. Currently, 4.3% of the shares of the company 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 Booking (BKNG), Fidelity National Information Servcs (FIS), Worldpay (WP), NetEase (NTES), eBay (EBAY), Mercadolibre (MELI), Pinduoduo (PDD), Global Payments (GPN), FleetCor Technologies (FLT), Ctrip.Com International (CTRP), CoStar Group (CSGP), Msci (MSCI), Total System Services (TSS), LYFT (LYFT) and Broadridge Financial Solutions (BR).
What other stocks do shareholders of First Data own?
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. John F. Whorley Jr., Exec. VP & Head of First Data Education (Age 57)
- Mr. Samir Michael Zabaneh, Exec. VP (Age 52)
Who are First Data's major shareholders?
First Data's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.91%), FMR LLC (1.96%), Hsbc Holdings PLC (0.97%), Goldman Sachs Group Inc. (0.92%), JPMorgan Chase & Co. (0.91%) and Alpine Associates Management Inc. (0.79%). Company insiders that own First Data stock include Andrew Gelb, Anthony S Marino, Barry C Mccarthy, Christopher M Foskett, Cynthia A Armine-Klein, Daniel J Charron, Frank Bisignano, Guy Chiarello, Ivo M Distelbrink, James E Nevels, Jeff Shanahan, John F Whorley Jr 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 OppenheimerFunds Inc., Wells Fargo & Company MN, FMR LLC, Sound Shore Management Inc. CT, Marshall Wace North America L.P., TCW Group Inc., Pictet Asset Management Ltd. and Thompson Siegel & Walmsley LLC. Company insiders that have sold First Data company stock in the last year include Andrew Gelb, Barry C Mccarthy, Christopher M Foskett, Cynthia A Armine-Klein, Daniel J Charron, Guy Chiarello, Ivo M Distelbrink, Jeff Shanahan, John F Whorley Jr 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 Hsbc Holdings PLC, Alpine Associates Management Inc., CNH Partners LLC, Goldman Sachs Group Inc., Natixis, Water Island Capital LLC, Neuberger Berman Group LLC and IndexIQ Advisors LLC. 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 $25.87.
How big of a company is First Data?
First Data has a market capitalization of $24.41 billion and generates $9.50 billion in revenue each year. The business services provider earns $1.01 billion in net income (profit) each year or $1.21 on an earnings per share basis. First Data employs 19,000 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 29TH 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.
