First Data (FDC) Receives Daily Media Sentiment Score of 0.14
Media headlines about First Data (NYSE:FDC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Data earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.1307250947132 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Today’s Hot Stock Under Review – First Data Corporation (NYSE: FDC) – Alpha Beta Stock (alphabetastock.com)
- First Data Corporation, (NYSE: FDC) – Stock’s Risk Factors to Track – Stock Watch (stocksnewstimes.com)
- First Data Corporation (FDC) Standout Insider Ownership of 3.30% – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Two Stocks are not to be skipped: eBay Inc. (EBAY), First Data Corporation (FDC) – Market Movers (financialqz.com)
- How Much Can First Data Grow In 2018? (trefis.com)
FDC has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of First Data from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. SunTrust Banks cut their price objective on shares of First Data to $19.00 and set a “buy” rating on the stock in a research report on Wednesday, December 6th. Barclays boosted their price objective on shares of First Data from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, October 11th. Cantor Fitzgerald reiterated a “hold” rating and set a $17.00 price objective on shares of First Data in a research report on Friday, October 20th. Finally, BTIG Research reiterated a “buy” rating and set a $23.00 price objective on shares of First Data in a research report on Tuesday, October 31st. Seven research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $20.00.
First Data (NYSE:FDC) last posted its quarterly earnings results on Monday, October 30th. The business services provider reported $0.40 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.40. The firm had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.08 billion. First Data had a net margin of 5.99% and a return on equity of 26.60%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 earnings per share. research analysts forecast that First Data will post 1.28 earnings per share for the current year.
In other First Data news, insider Andrew Gelb sold 7,473 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $17.12, for a total transaction of $127,937.76. Following the transaction, the insider now directly owns 417,652 shares in the company, valued at approximately $7,150,202.24. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Frank Bisignano bought 25,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were acquired at an average price of $16.82 per share, for a total transaction of $420,500.00. Following the completion of the acquisition, the chief executive officer now owns 7,107,398 shares in the company, valued at $119,546,434.36. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 25,200 shares of company stock worth $423,853. 6.30% of the stock is owned by company insiders.
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First Data 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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