Media headlines about First Data Corporation (NYSE:FDC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Data Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Now Is The Time To Reconsider First Data Corporation (FDC), Kimberly-Clark Corporation (KMB) – AllStockNews (allstocknews.com)
- AbbVie Inc. (ABBV) In Active Momentum Stocks- First Data Corporation (FDC) – Investing News Update (investingbizz.com)
- First Data Corporation Class A (NYSE:FDC) Stock Traded Much Higher Than Its 50 Day Moving Average – Highlight Press (highlightpress.com)
- Xpress Money and TerraPay Partner to Enable Real-time International Money Transfers to Mobile Wallets in Africa (newswit.com)
- First Data Corporation Class A (NYSE:FDC) Closed Well Above Its 50 Day Moving Average (highlightpress.com)
Several research analysts recently commented on FDC shares. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $19.00 price objective on shares of First Data Corporation in a research note on Tuesday, April 4th. ValuEngine downgraded First Data Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. Stifel Nicolaus initiated coverage on First Data Corporation in a research note on Thursday, June 1st. They issued a “buy” rating and a $20.00 price objective for the company. BTIG Research restated a “buy” rating and issued a $18.00 target price on shares of First Data Corporation in a report on Thursday, June 1st. Finally, Citigroup Inc. upped their target price on First Data Corporation from $18.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, May 9th. Nine analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. First Data Corporation has a consensus rating of “Buy” and a consensus price target of $18.26.
First Data Corporation (FDC) opened at 18.41 on Monday. First Data Corporation has a one year low of $11.30 and a one year high of $19.01. The company’s 50-day moving average price is $17.63 and its 200-day moving average price is $16.03. The stock has a market capitalization of $16.92 billion, a PE ratio of 33.23 and a beta of 1.76.
First Data Corporation (NYSE:FDC) last posted its quarterly earnings results on Monday, May 8th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.07. First Data Corporation had a return on equity of 26.15% and a net margin of 4.41%. The firm had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.78 billion. During the same quarter in the previous year, the business earned $0.24 earnings per share. The firm’s quarterly revenue was up .9% compared to the same quarter last year. Equities research analysts predict that First Data Corporation will post $1.53 EPS for the current year.
In other First Data Corporation news, insider Matthew Cagwin sold 8,195 shares of the business’s stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $16.42, for a total transaction of $134,561.90. Following the completion of the sale, the insider now owns 85,007 shares of the company’s stock, valued at $1,395,814.94. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.30% of the stock is currently owned by insiders.
About First Data Corporation
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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