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
SymbolNYSE:FDC
CUSIPN/A
Phone800-735-3362
Debt
Debt-to-Equity Ratio2.88
Current Ratio1.01
Quick Ratio1.01
Price-To-Earnings
Trailing P/E Ratio16.97
Forward P/E Ratio17.52
P/E Growth1.65
Sales & Book Value
Annual Sales$12.05 billion
Price / Sales1.67
Cash Flow$2.4432 per share
Price / Cash8.89
Book Value$6.47 per share
Price / Book3.36
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$1.47 billion
Net Margins13.27%
Return on Equity23.21%
Return on Assets2.95%
Miscellaneous
Employees22,000
Outstanding Shares929,010,000
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 (NYSE:FDC) issued its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.03. The business services provider earned $2.28 billion during the quarter, compared to the consensus estimate of $2.98 billion. First Data had a net margin of 13.27% and a return on equity of 23.21%. First Data's revenue for the quarter was down 18.5% on a year-over-year basis. During the same quarter last year, the company earned $0.28 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, April, 30th. The company provided earnings per share (EPS) guidance of $1.42-1.47 for the period, compared to the Thomson Reuters consensus estimate of $1.38.
What price target have analysts set for FDC?
23 Wall Street analysts have issued 12 month price targets for First Data's stock. Their forecasts range from $17.00 to $27.00. On average, they expect First Data's stock price to reach $22.3043 in the next year. 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 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)
- 2. According to Zacks Investment Research, "First Data continues to benefit from innovative product and services portfolio and growing enterprise business. The company reported strong first quarter 2018 results beating the Zacks Consensus Estimate on both earnings ad revenues. 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. Seasonality in business is likely to hurt the company’s revenues and profits." (5/11/2018)
- 3. BTIG Research analysts commented, "Clover Statistics and Signs of Stabilization in Bank JVs While investors in shares of First Data Corporation (FDC) are likely still have a few worries following the company’s release of its 4Q17 report this morning – the continued weakness of its joint ventures with bank partners and the potential impact of rising interest rates given that about half of its significant debt load is LIBOR-based/floating-rate – they were given reasons for optimism after the stock tumbled by about 15% in a little less than three weeks." (2/13/2018)
Are investors shorting First Data?
First Data saw a increase in short interest in May. As of May 31st, there was short interest totalling 50,894,606 shares, an increase of 25.4% from the May 15th total of 40,589,915 shares. Based on an average trading volume of 4,860,221 shares, the days-to-cover ratio is presently 10.5 days. Approximately 11.5% of the shares of the 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 eBay (EBAY), Fidelity National Information Servcs (FIS), NetEase (NTES), Ctrip.Com International (CTRP), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Msci (MSCI), Worldpay (WP), CoStar Group (CSGP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Alliance Data Systems (ADS), Mercadolibre (MELI) and Zillow Group Inc Class C (Z).
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)
- Mr. Jeffrey M. Shanahan, Exec. VP of Cardconnect (Age 40)
Has First Data been receiving favorable news coverage?
Media coverage about FDC stock has trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Data earned a media sentiment score of 0.20 on Accern's scale. They also assigned headlines about the business services provider an impact score of 45.42 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are First Data's major shareholders?
First Data's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.02%), Sound Shore Management Inc. CT (1.34%), Point72 Asset Management L.P. (1.26%), Teacher Retirement System of Texas (0.86%), Wells Fargo & Company MN (0.86%) and Massachusetts Financial Services Co. MA (0.76%). 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 Epoch Investment Partners Inc., Point72 Asset Management L.P., Victory Capital Management Inc., Prudential Financial Inc., Apertura Capital LLC, Guggenheim Capital LLC, Three Peaks Capital Management LLC and Sei Investments 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 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 BlackRock Inc., Wells Fargo & Company MN, Criterion Capital Management LLC, OppenheimerFunds Inc., Atalan Capital Partners LP, Lateef Investment Management L.P., Natixis and Massachusetts Financial Services Co. MA. 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 $21.72.
How big of a company is First Data?
First Data has a market capitalization of $20.25 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.
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 (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.
