First Data Corporation (FDC) Receives Daily News Sentiment Rating of 0.16
Press coverage about First Data Corporation (NYSE:FDC) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Data Corporation earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 45.7317810808942 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- First Data Corporation (FDC) Expected to Post Earnings of $0.40 Per Share (americanbankingnews.com)
- Finding Support And Resistance On A Chart: First Data Corporation … – AllStockNews (allstocknews.com)
- First Data Corporation (FDC) Insider Buys $1,397,252.12 in Stock (americanbankingnews.com)
- Keefe, Bruyette & Woods Reaffirms “Buy” Rating for First Data Corporation (FDC) (americanbankingnews.com)
- First Data to Sponsor Number 42 in Monster Energy Series – Nasdaq (nasdaq.com)
First Data Corporation (FDC) opened at 18.16 on Friday. First Data Corporation has a one year low of $12.74 and a one year high of $19.20. The firm has a market capitalization of $16.76 billion, a price-to-earnings ratio of 30.37 and a beta of 1.77. The stock has a 50 day moving average price of $18.28 and a 200-day moving average price of $16.92.
First Data Corporation (NYSE:FDC) last announced its earnings results on Monday, August 7th. The business services provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.06. The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate 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 revenue was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.35 earnings per share. On average, analysts predict that First Data Corporation will post $1.53 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on the company. Piper Jaffray Companies restated an “overweight” rating and set a $23.00 price objective (up from $22.00) on shares of First Data Corporation in a research note on Thursday, August 10th. FIX assumed coverage on First Data Corporation in a research note on Thursday, May 18th. They set an “outperform” rating and a $18.00 price objective for the company. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $19.00 price objective (up from $18.00) on shares of First Data Corporation in a research note on Wednesday, May 10th. Zacks Investment Research upgraded First Data Corporation from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Friday, July 21st. Finally, Morgan Stanley upped their price objective on 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. Eight equities research analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $18.78.
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In other news, insider Jeff Shanahan purchased 77,453 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was acquired at an average cost of $18.04 per share, for a total transaction of $1,397,252.12. Following the completion of the purchase, the insider now owns 1,160,964 shares of the company’s stock, valued at $20,943,790.56. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.30% of the stock is currently owned by company 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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