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
Price-To-Earnings
Sales & Book Value
Annual Sales$9.50 billion
Profitability
Miscellaneous
Employees22,000
Next Earnings Date4/29/2019 (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) announced its earnings results on Wednesday, February, 6th. The business services provider reported $0.38 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.06. The business services provider had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.19 billion. First Data had a return on equity of 18.47% and a net margin of 10.58%. The firm's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 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 FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of $1.55-1.58 for the period, compared to the Thomson Reuters consensus estimate of $1.58. First Data also updated its FY 2019 guidance to $1.55-1.58 EPS.
What price target have analysts set for FDC?
28 analysts have issued 1 year price targets for First Data's shares. Their forecasts range from $20.00 to $35.00. On average, they expect First Data's stock price to reach $24.8638 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for First Data.
What is the consensus analysts' recommendation for First Data?
28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Data in the last year. There are currently 19 hold ratings and 9 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 performed impressively in the fourth quarter of 2018, wherein earnings and revenues beat the Zacks Consensus Estimate. 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 the industry it belongs to in the past six months. 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. The company's all 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." (2/13/2019)
- 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?
News stories about FDC stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Data earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.
Are investors shorting First Data?
First Data saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 26,323,406 shares, an increase of 18.3% from the January 15th total of 22,252,607 shares. Based on an average daily trading volume, of 42,109,489 shares, the days-to-cover ratio is currently 0.6 days. Currently, 4.8% 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), eBay (EBAY), Pinduoduo (PDD), NetEase (NTES), FleetCor Technologies (FLT), Worldpay (WP), Global Payments (GPN), Ctrip.Com International (CTRP), Total System Services (TSS), Mercadolibre (MELI), Msci (MSCI), CoStar Group (CSGP), Broadridge Financial Solutions (BR) and Akamai Technologies (AKAM).
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. Christopher M. Foskett, Exec. VP, Co-head of Global Financial Solutions & Head of Institutional Sales (Age 61)
- Mr. Michael K. Neborak, Chief Accounting Officer & Controller (Age 62)
Who are First Data's major shareholders?
First Data's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.84%), Canada Pension Plan Investment Board (1.93%), Bank of New York Mellon Corp (1.15%), Nomura Holdings Inc. (1.12%), Sound Shore Management Inc. CT (1.04%) and Standard Life Aberdeen plc (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, 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 Millennium Management LLC, Stone Point Capital LLC, BlackRock Inc., PNC Financial Services Group Inc., Assenagon Asset Management S.A., Bank of New York Mellon Corp, Nuveen Asset Management LLC and Canada Pension Plan Investment Board. 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 institutional investors are buying First Data stock?
FDC stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Shapiro Capital Management LLC, Strs Ohio, Massachusetts Financial Services Co. MA, Prana Capital Management LP, Weiss Multi Strategy Advisers LLC, Valinor Management L.P. and Sound Shore Management Inc. CT. 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 $25.20.
How big of a company is First Data?
First Data has a market capitalization of $23.61 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 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.
