|Bid||0.00 x 3200|
|Ask||0.00 x 1000|
|Day's Range||17.61 - 18.29|
|52 Week Range||14.73 - 26.62|
|Beta (3Y Monthly)||1.94|
|PE Ratio (TTM)||9.48|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.41|
In retrospect, Citi Research analyst Peter Christiansen is probably wishing he’d waited a couple more days before upgrading Square (NYSE:SQ). SQ stock is down more than 14% since reporting earnings on Thursday. Christiansen took a chance that backfired, though he’s hardly the first to do so.
Short interest is low for FDC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, ETFs holding FDC are favorable, with net inflows of $3.30 billion.
Hedge funds run by legendary names like Nelson Peltz and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources analyzing and uncovering data about small-cap stocks that the big […]
Shares of Square Inc. are down 5.3% in premarket trading Thursday after the company reported better-than-expected third-quarter results but delivered a lighter-than-anticipated fourth-quarter outlook. Susquehanna Financial Group analyst Jamie Friedman cut his rating on the stock to neutral from positive after the report. "Square is challenging the payments status quo, taking about 10 billion of cumulative revenue share from incumbent merchant acquirers, [independent sales organizations] and [independent software vendors]," he wrote. "But creation requires investment; valuation exceeds our price target [of $77]; and we have no CFO." He recommends that investors consider First Data Corp. shares, saying that the company's Clover product "is generally performing as well as Square's payments products." Friedman argues that while First Data has some challenges in other parts of its businesses, "the FDC discount to Square seems compelling." Square shares have gained 125% over the past 12 months, as of Wednesday's close, while the S&P 500 has gained 8.5%.
First Data's third-quarter results were a decidedly mixed bag, with several positive and negative aspects for investors to consider. Is the company a buy?
First Data Corporation , a global leader in commerce-enabling technology, today announced that Frank Bisignano, Chairman and Chief Executive Officer, will present at Citi’s 2018 Financial Technology Conference on Tuesday, November 13, 2018 at St.
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
U.S. stock futures are trading slightly higher as the market tries to find its footing after Monday’s volatile trading session. The growing market correction reached a new low yesterday as the early morning strength once again gave way to weakness. The stock is currently trading lower premarket.
First Data (FDS) third-quarter 2018 earnings hurt by the normalization of adjusted effective tax rate and unfavorable foreign currency movement.
Stocks that moved substantially or traded heavily Monday: Red Hat Inc., up $52.95 to $169.63 The open source software company agreed to be acquired by IBM for $34 billion in stock. General Motors Co., ...
The Atlanta-based company, which handles some 45% of all U.S. credit and debit transactions, including prepaid gift card processing for many American brands, reported that net income for the three-month period ended Sept. 30, rose 35% to $401 million, or 42 cents a share, up from $296 million, or 31 cents a share, a year earlier. The stock has risen 14% in the past 12 months.
This is a drop from the company’s earnings per share of 40 cents from the same time last year. It was also bad news for First Data stock by coming in below Wall Street’s earnings per share estimate of 37 cents for the quarter. Net income reported by First Data for the third quarter of 2018 came in at $401 million.
Shares of First Data Corp. are down nearly 10% in Monday morning trading after the payments company missed third-quarter earnings expectations and lowered its full-year earnings outlook owing to negative foreign-currency impacts. The company issued a new full-year earnings forecast for $1.38 to $1.40, down from a previous range of $1.42 to $1.47. Piper Jaffray analyst Jason Deleeuw wrote in a note to clients that he was disappointed by the company's growth slowdown during the latest quarter, though he still thinks First Data's turnaround story is "on track as lumpy hardware sales drove some of the slowdown." He's upbeat about the company's Clover business, which competes with Square Inc. , as well as its restaurant-focused software strategy and software channel partnerships. Deleeuw kept his overweight rating and $37 target on the stock. BTIG analyst Mark Palmer called Monday's weakness a buying opportunity, saying that the core business is still on a "favorable trajectory" and expressing confidence in First Data's "deleveraging story." He has a buy rating on $28 price target on the stock, which is up 2.3% over the past 12 months, compared with a 4.8% rise for the S&P 500 .
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning about how to value company based on its current Read More...
First Data (FDC) delivered earnings and revenue surprises of -2.78% and -2.13%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the New York-based company said it had net income of 42 cents. Earnings, adjusted for non-recurring gains, were 35 cents per share. The results fell short of Wall Street expectations. ...
NEW YORK-- -- Total segment revenue of $2,158 million, up 4% reported , up 3% on a comparable accounting basis , up 5% on an organic constant currency basis Consolidated revenue of $2,369 million, impacted by the adoption of ASC 606 Net income attributable to First Data diluted EPS of $0.42 Adjusted diluted EPS of $0.35, includes $0.02 of adverse foreign exchange Total segment EBITDA of $815 million, ...
First Data (FDC) today entered into a new $6 billion credit facility bearing a rate of Libor plus 150 basis points and maturing in October 2023. The new facility is comprised of a new revolving credit facility of $1.25 billion and new Term Loan A facility of $4.75 billion. The proceeds were partly used to refinance its existing revolving credit facility maturing June 2020 and its existing term loans due June 2020.
First Data (FDC), a global leader in commerce enabling technology, announced today it has signed an agreement with Royal Bank of Scotland Group (RBSG) to provide merchant services to business customers throughout the U.K. This aligns with RBSG’s commitment to provide the very best service to its customers and will be supported by First Data’s processing and support services and market-leading Clover smart terminals.