Economy

First Data Corporation (FDC) has a market cap of $16.41 Billion

Oppenheimer Holdings Inc. reaffirmed an "outperform" rating and set a $19.00 target price (up previously from $18.00) on shares of First Data Corp in a research note on Wednesday, May 10th. The number of shares that were traded during the day was 5.12 million, which corresponds to its 3-month volume average of 5.13 million shares a day. Since the open, shares have moved -0.78% after recently hitting the $17.76 mark. Combining all of the ratings, the current consensus is sitting at N/A.

According to First Data Corporation's Insider ownership is at 4.30%. You can get a sense of how sustainable that is by a levered free cash flow of $1.96 Billion over the past twelve months. The lowest price the stock reached in the last trading day was $20.88 and compares with the $14.27 52-week low. The stock closing price is now trading downward to its 50 day moving average with change of -0.75%, tumbled to its 20 day moving average with figure of -0.54% and above its 200 day moving average with value 6.78%. Finally, Morgan Stanley upped their target price on shares of First Data Corporation from $19.00 to $20.00 and gave the stock an "equal weight" rating in a research note on Tuesday, August 8th. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold".

In a report issued on October 3, KBW also reiterated a Buy rating on the stock with a $21 price target. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 29.608 and a beta of 1.73. The Return on Equity (ROE) and Return on Investment (ROI) values are 41.5 percent and 7.4 percent respectively.

First Data Corporation (NYSE:FDC) last issued its quarterly earnings results on Monday, August 7th.

First Data Corporation (NYSE:FDC) had its price objective hoisted by Barclays PLC from $22.00 to $24.00 in a report released on Wednesday. BlackRock Inc. lifted its stake in First Data Corporation by 12.2% in the second quarter. This recommendation lands on a scale between 1 and 5. The lowest price target is presently $N/A and the analyst with the most aggressive opinion sees the stock going to $N/A. FDC generated revenue of $1.97 Billion in the same quarter, one year ago. During the same quarter in the previous year, the business earned $0.24 EPS.

08/08/2017 - First Data Corporation had its "overweight" rating reiterated by analysts at Piper Jaffray. If you are reading this news story on another domain, it was stolen and republished in violation of US & global trademark & copyright law. Following the completion of the sale, the insider now directly owns 347,493 shares in the company, valued at approximately $6,306,997.95. The firm now has an "overweight" rating on the business services provider's stock. The stock plummeted -2.27 percent over the past month and rose 27.34 percent year-to-date. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Prudential Financial Inc. now owns 1,213,300 shares of the business services provider's stock valued at $18,806,000 after buying an additional 339,400 shares during the period. The shares were sold at an average price of $18.40, for a total value of $188,673.60. They are also projecting the Low EPS estimate of $0.42 and the High EPS estimate of $0.47. The disclosure for this purchase can be found here. During the last month, the stock has changed -4.95% and performed -2.58% over the last 6 months. Glenview Capital Management LLC lifted its stake in First Data Corporation by 14.0% in the second quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of First Data Corp during the first quarter valued at about $993,000. Credit Suisse AG now owns 7,740,994 shares of the business services provider's stock worth $119,985,000 after acquiring an additional 415,743 shares in the last quarter. The company operates through three business segments: Global Business Solutions, Global Financial Solutions and Network & Security Solutions. The GFS segment provides financial institutions, which include bank and non-bank issuers, such as retailers with card portfolios, with a range of solutions that enable them to offer financial products and solutions to their customers.



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