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
Current SymbolNYSE:FDC
Previous Symbol
CUSIPN/A
Phone800-735-3362
Debt
Debt-to-Equity Ratio2.47
Current Ratio1.02
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio13.92
Forward P/E Ratio14.85
P/E Growth1.54
Sales & Book Value
Annual Sales$12.05 billion
Price / Sales1.39
Cash Flow$2.4512 per share
Price / Cash7.27
Book Value$7.33 per share
Price / Book2.43
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$1.47 billion
Net Margins17.48%
Return on Equity19.33%
Return on Assets2.65%
Miscellaneous
Employees22,000
Outstanding Shares937,000,000
Market Cap$16.70 billion
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) posted its quarterly earnings data on Monday, October, 29th. The business services provider reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.02. The business services provider earned $2.16 billion during the quarter, compared to the consensus estimate of $2.22 billion. First Data had a return on equity of 19.33% and a net margin of 17.48%. The company's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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 issued an update on its FY18 earnings guidance on Monday, October, 29th. The company provided EPS guidance of $1.38-1.40 for the period, compared to the Thomson Reuters consensus estimate of $1.45. First Data also updated its FY 2018 guidance to $1.38-1.40 EPS.
What price target have analysts set for FDC?
25 brokerages have issued twelve-month price objectives for First Data's shares. Their forecasts range from $20.00 to $37.00. On average, they anticipate First Data's share price to reach $27.0417 in the next year. This suggests a possible upside of 51.7% 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 3 hold ratings and 22 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. 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)
- 2. 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?
Press coverage about FDC stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Data earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the next several days.
Are investors shorting First Data?
First Data saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 30,808,387 shares, an increase of 11.5% from the September 28th total of 27,635,031 shares. Based on an average trading volume of 7,891,599 shares, the days-to-cover ratio is presently 3.9 days. Currently, 5.8% of the company's stock 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), Worldpay (WP), Pinduoduo (PDD), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Mercadolibre (MELI), Ctrip.Com International (CTRP), 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 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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.19%), FMR LLC (2.05%), Canada Pension Plan Investment Board (2.01%), Steadfast Capital Management LP (1.67%), Bank of New York Mellon Corp (1.31%) and OppenheimerFunds Inc. (1.19%). 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 Point72 Asset Management L.P., Steadfast Capital Management LP, Sound Shore Management Inc. CT, Senator Investment Group LP, Valinor Management L.P., Los Angeles Capital Management & Equity Research Inc., OppenheimerFunds Inc. and Dudley & Shanley Inc.. 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 major investors are buying First Data stock?
FDC stock was acquired by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., Canada Pension Plan Investment Board, BlackRock Inc., Pictet Asset Management Ltd., Putnam Investments LLC, Bank of New York Mellon Corp, TIAA CREF Investment Management LLC and SG Americas Securities 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 $17.82.
How big of a company is First Data?
First Data has a market capitalization of $16.70 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.
