|Bid||21.240 x 800|
|Ask||21.250 x 2200|
|Day's Range||21.150 - 21.510|
|52 Week Range||14.732 - 22.140|
|PE Ratio (TTM)||13.10|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.84|
How far off is First Data Corporation (NYSE:FDC) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock isRead More...
Shares of First Data Corp. are up 0.5% in Friday trading after BTIG analyst Mark Palmer raised his price target on the stock to $27 from $23. "We continue to view deleveraging as the primary driver of shareholder value for FDC in the medium-term as the company's ample free cash flow should enable it to meet management's target of reducing its net leverage ratio from 5.8x at March 31, a level more in line with its peers' leverage ratios," Palmer wrote.
First Data Corporation (NYSE:FDC) is currently trading at a trailing P/E of 13x, which is lower than the industry average of 24.7x. Although some investors may jump to the conclusionRead More...
First Data's (FDC) Disburse-to-Debit is a low-cost payout solution that enables instant delivery of funds directly to a debit card.
Bernstein's Harshita Rawat maintained an Outperform rating on First Data with a price target lifted from $22 to $24. Morgan Stanley's James Faucette maintained an Equal-weight rating on First Data with a price target lifted from $19 to $20.
Shares of First Data Corp. are up 3.3% in Wednesday morning trading following a flurry of upbeat analysts notes concerning the company's recent investor day. Mizuho analyst Thomas McCrohan raised his price target to $25 from $21, citing "potential for sustained higher growth rates in GBS North America organic revenue, in addition to the longer term prospects for a recovery within the JV channel as well as First Data's ongoing deleveraging effort." GBS refers to the company's global business solutions segment.
Shares of Square Inc (NYSE: SQ ) are up 77 percent since the start of 2018, which looks even more impressive on top of 2017's gain of 159 percent. Aggressive investors may want to consider "taking ...
Square Inc. shares are down 1.2% in premarket trading Wednesday after Buckingham Research analyst Chris Brendler lowered his rating on the stock to neutral from buy. "As a result, we are taking a break and hope to get a more compelling re-entry point soon." Brendler noted that Square shares hit a new high on Tuesday, but also on Tuesday, First Data Corp. discussed its rival Clover offering during an investor day. First Data's commentary "suggests competition is catching up," Brendler wrote.
First Data (FDC), a global leader in commerce-enabling technology, and Mastercard (MA) announced they have joined forces, enabling First Data to provide a digital disbursement platform to Mastercard’s business customers. First Data’s Disburse-to-Debit® solution will be available to Mastercard customers that leverage MoneySend™ to push real-time payments to debit card holders. “Mastercard has a long history of providing customers with innovative financial solutions.
Shares of First Data Corp. are up 2.5% in Tuesday trading after the company's investor day in New York. First Data also said it expects to generate low-double-digit earnings growth over the three-year period, according to Piper Jaffray analyst Jason Deleeuw. First Data's stock is up 15% over the past 12 months, in line with the S&P 500 .
Goldman recommends buyingn the First Data June 18 call option with a strike price of $20 at 40 cents ahead of the company's June 12 investor meeting, Schneider said in a Monday note, citing the sell-side firm's options strategists. First Data's CardConnect and BluePay acquisitions are forecast to bolster client metrics by almost tripling exposure to ISV-sourced sales.
Shares of First Data Corp. are up 5% in premarket trading Monday after Goldman Sachs analyst James Schneider upgraded the stock to buy from neutral. "Although First Data's fundamentals have been choppy, we believe revenue growth is poised to improve," he wrote. "Acquisitions should bolster client retention and boost headline growth." First Data recently acquired CardConnect and BluePay, which Schneider said would triple the company's exposure to sales coming from independent software vendors.
First Data Corporation (FDC) will hold an Investor Conference on Tuesday, June 12, 2018 in New York City. Presentations will be given by Chairman and CEO Frank Bisignano and members of the First Data management committee. To access the webcast, please go to the “Webcasts, Events & Presentations” section of the Investor Relations website.
HOUSTON, June 5, 2018 /PRNewswire/ -- Revention, a leader in providing custom point of sale (POS) solutions to the hospitality industry and First Data, a leader in integrated payment processing and technology, announced a partnership that will simplify and secure the way companies accept payments and ultimately enhance the overall customer checkout experience. Through this strategic partnership, Revention will integrate their POS platform with First Data's CardConnect offering. This solution will provide Revention users with access to Bolt P2PE, payment terminals featuring PCI-Validated Point-to-Point Encryption (P2PE) and tokenization for complete data breach protection.
LONDON, UK / ACCESSWIRE / May 30, 2018 / If you want access to our free research report on First Data Corp. (NYSE: FDC), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FDC as the Company's latest news hit the wire. On May 25, 2018, the Company announced that is has inked a deal with SIA, which is a European high-tech leader in payment infrastructure and services, pursuant to which SIA will acquire First Data's card processing businesses in parts of Central and Southeastern Europe for approximately €375 million.
The Atlanta-based company already provides similar services for Navient's private loans. Now it will do the same for the Wilmington student lender's federal education loans.
TORONTO , May 25, 2018 /CNW/ - VersaPay Corporation (VPY.V) ("VersaPay" or the "Company"), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, is pleased to announce it has entered into a Global Payments Facilitator partnership with First Data. As the global leader in payment technology and services operating in more than 100 countries, First Data serves over 6 million customers – the largest customer base in the payments industry – and handles 45% of all credit and debit card transactions in the US.
SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (FDC), a global leader in commerce-enabling technology, have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data.
The partnership with Navient is one of First Data's (FDC) several strategic partnerships and agreements that have helped in shaping its growth trajectory.
Navient (NAVI) expects the deal with First Data to support its long-term cost structure plan. Also, with this deal, the company will be able to better focus on declining revenues.
First Data (FDC) and Navient (NAVI) announced they have reached a strategic agreement for First Data to become the primary provider of technology solutions for Navient’s federal and private education loans. This agreement expands on First Data and Navient’s longstanding partnership to support private student loans. As a part of the agreement, First Data will acquire Navient’s student loan technology platform.
Moody's Investors Service ("Moody's") upgraded First Data Corporation's ("First Data") Corporate Family ("CFR") and Probability of Default ("PDR") ratings to Ba3 and Ba3-PD from B1 and B1-PD, respectively. In addition, Moody's upgraded the senior secured credit facilities and first lien notes ratings to Ba2 from Ba3 and the second lien notes rating to B1 from B3.