First Data Corporation (FDC) Earns Daily News Impact Score of 0.12
Press coverage about First Data Corporation (NYSE:FDC) has trended somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Data Corporation earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.1312736450117 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- First Data (FDC) Says it’s Only in Discussions with BluePay Following Inadvertent Website Post – StreetInsider.com (streetinsider.com)
- First Data to acquire BluePay for $760 million in cash – MarketWatch (marketwatch.com)
- First Data Corporation (FDC) Upgraded at Wedbush (americanbankingnews.com)
- First Data Corporation (FDC) Earns “Hold” Rating from Cantor Fitzgerald (americanbankingnews.com)
- First Data To Acquire BluePay For $760 Mln – Quick Facts (rttnews.com)
First Data Corporation (NYSE:FDC) opened at 19.08 on Friday. The firm has a market cap of $17.61 billion, a PE ratio of 31.91 and a beta of 1.73. The stock has a 50 day moving average of $18.12 and a 200 day moving average of $17.56. First Data Corporation has a 52 week low of $13.01 and a 52 week high of $19.20.
First Data Corporation (NYSE:FDC) last announced its quarterly earnings data on Monday, August 7th. The business services provider reported $0.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.06. The firm had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $2.98 billion. First Data Corporation had a return on equity of 26.25% and a net margin of 4.66%. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS. Analysts anticipate that First Data Corporation will post $1.53 EPS for the current year.
FDC has been the topic of a number of analyst reports. Morgan Stanley cut shares of First Data Corporation from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $18.00 to $19.00 in a report on Wednesday, June 28th. They noted that the move was a valuation call. Credit Suisse Group increased their price objective on shares of First Data Corporation from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Thursday, July 13th. Zacks Investment Research raised shares of First Data Corporation from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Friday, July 21st. Piper Jaffray Companies reissued a “buy” rating and set a $22.00 target price on shares of First Data Corporation in a research note on Wednesday, July 26th. Finally, BidaskClub cut shares of First Data Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and twenty-six have given a buy rating to the company. First Data Corporation presently has a consensus rating of “Buy” and a consensus target price of $19.42.
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In other news, insider Thomas Joseph Higgins sold 31,718 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $18.15, for a total value of $575,681.70. Following the completion of the sale, the insider now directly owns 347,493 shares of the company’s stock, valued at approximately $6,306,997.95. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Barry C. Mccarthy sold 81,858 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $18.17, for a total value of $1,487,359.86. Following the completion of the sale, the insider now directly owns 406,890 shares of the company’s stock, valued at $7,393,191.30. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 340,317 shares of company stock valued at $6,141,554 and sold 151,830 shares valued at $2,754,035. Corporate insiders own 6.30% of the company’s stock.
First Data Corporation Company Profile
First Data Corporation is a provider of commerce-enabling technology and solutions for merchants, financial institutions and card issuers. The Company’s segments are Global Business Solutions (GBS), Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate. The GBS segment provides businesses of all sizes and types with a range of solutions at the point of sale, including merchant acquiring, e-commerce, mobile commerce, point-of-sale, and other business solutions.
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