Is Buying First Data Corp (FDC) Here a Winning Strategy?

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10 June, 2017

So far, analysts are sticking with their bullish recommendations with the consensus call at 1.5. Goldman Sachs downgraded First Data Corp (NYSE:FDC) on Friday, December 16 to "Neutral" rating.

Other equities analysts also recently issued research reports about the company. Independent Portfolio Consultants Inc. purchased a new stake in shares of First Data Corp during the first quarter valued at $106,000. BlackRock Inc. now owns 14,148,797 shares of the business services provider's stock worth $219,306,000 after buying an additional 13,861,731 shares during the last quarter. Gulf International Bank UK Ltd boosted its position in shares of First Data Corp by 0.6% in the first quarter. Nordea Investment Management AB now owns 7,632 shares of the business services provider's stock valued at $118,000 after buying an additional 632 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of First Data Corp by 171.1% in the first quarter. Following the completion of the transaction, the insider now owns 85,007 shares of the company's stock, valued at approximately $1,395,814.94. First Data Corporation has its outstanding Shares of 909.33 Million.

The share of First Data Corporation (FDC) now has a value of $18.24 while the company's 52 week low is at $9.90, the shares dropped to the 52 week low on 06/27/16. The company has market cap of $16.98 billion. First Data Corp has a 52 week low of $9.90 and a 52 week high of $18.40.

First Data Corporation (FDC) performance during the last one year Improved 41.69 percent, while its year to date (YTD) performance showed a Positive trend of 26.71 percent.

Yet another important factor while evaluating a good buy/sell decision for First Data Corporation (FDC) is its Earnings per Share or EPS. First Data Corp had a return on equity of 25.67% and a net margin of 3.63%. The company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.78 billion. Arconic Inc. (ARNC) earnings have declined with an annualized rate of -28.9% over the last 5 years. However, the company's most recent quarter increase of 9.3% looks attractive.

First Data Corporation (FDC) has a market capitalization of 16.76 Billion which suggests the company is a huge company further suggesting that the shares of First Data Corporation (FDC) are stable and safe compared to the lower market capitalization companies.

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Several research analysts recently commented on the stock. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Its up 11.67% from 22.74M shares, reported previously. Stifel Nicolaus initiated it with "Buy" rating and $20 target in Thursday, June 1 report.

Investors who are keeping close eye on First Data Corporation (FDC) stock; watched recent volatility movements, they can see that shares have been recorded at 2.44% for the week, and 1.93% for the last month. Jefferies initiated the stock with "Buy" rating in Wednesday, August 31 report.

In other First Data Corp news, insider Matthew Cagwin sold 8,195 shares of the stock in a transaction on Wednesday, May 10th. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods.

The short interest to First Data Corporation's float is 6.97%. The Company's divisions are Global Business Solutions, Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate.

First Data Corporation is a provider of commerce-enabling technology and solutions for merchants, financial institutions and card issuers.


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